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We are looking for a detail-oriented Property Accountant to oversee financial reporting and month-end activities for a portfolio of commercial or residential assets in Austin, Texas. This position plays a key role in maintaining accurate property-level records, analyzing performance against budget, and supporting investor and audit reporting. The ideal candidate brings strong knowledge of accrual-based accounting, financial statement relationships, and the practical application of core accounting principles within a real estate environment.
Job Responsibility
Manage the complete monthly and quarterly close process for a portfolio of 8 to 10 properties, ensuring records are accurate and deadlines are met
Prepare journal entries, record cash activity, and complete bank and balance sheet reconciliations as part of routine accounting operations
Examine property financial results against budget expectations and provide clear explanations for notable variances
Review invoices for correct general ledger classification and determine whether costs should be recorded as operating expenses or capitalized assets
Produce investor reporting on a monthly, quarterly, and annual basis, with the ability to explain the financial results and supporting details
Partner with external auditors during the annual audit by responding to requests and delivering complete, timely, and accurate documentation
Contribute to the annual budgeting process by entering relevant data into budget templates and ensuring amounts are properly calculated and supported
Support accounting-related projects independently and, over time, assist with reviewing the month-end work of other accountants for quality and completeness
Use property accounting systems effectively, including adapting to Yardi as needed within ongoing accounting operations
Requirements
Solid understanding of how the balance sheet, income statement, and statement of cash flows connect and impact one another
Working knowledge of accrual accounting principles, including the difference between accrual and cash-based reporting
Familiarity with equity activity, retained earnings, depreciation, and amortization concepts
Ability to apply accounting standards in practice within a property accounting or real estate setting
Experience with core accounting processes such as account coding, accounts payable, accounts receivable, and reconciliations
Comfortable working with accounting software platforms
experience with Yardi is preferred, and exposure to systems such as AppFolio, AMSI, or ADP is beneficial
Strong audit support, analytical, and organizational skills, with the ability to provide accurate information under deadlines
Nice to have
experience with Yardi is preferred
exposure to systems such as AppFolio, AMSI, or ADP is beneficial