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We are looking for a detail-oriented Property Accountant to oversee the financial operations of real estate portfolios in Memphis, Tennessee. This role involves managing income and expenses, preparing financial reports, reconciling accounts, and ensuring compliance with regulations and lease agreements. The ideal candidate will have expertise in property accounting and experience with the AppFolio software. Experience with AppFolio is required.
Job Responsibility:
Prepare and analyze monthly financial reports, including balance sheets, income statements, and cash flow statements
Manage accounts payable and receivable processes, including vendor payments and tenant billing
Conduct Common Area Maintenance (CAM) reconciliations and ensure accurate tenant charge allocations
Assist in the creation of annual budgets and perform variance analyses to track financial performance
Reconcile bank statements and ensure accuracy in general ledger entries
Monitor compliance with lease agreements, tax regulations, and applicable accounting standards
Support accrual accounting processes and month-end close procedures
Collaborate with property managers to address financial queries and provide insights
Utilize AppFolio software to streamline accounting operations and maintain accurate records
Requirements:
Bachelor’s degree in Accounting, Finance, or a related field
Proven experience in property accounting, preferably in commercial or residential real estate
Proficiency in AppFolio software for property management and accounting tasks
Strong knowledge of accrual accounting principles and general ledger management
Familiarity with preparing monthly financial reports and conducting variance analyses
Ability to reconcile bank statements and manage accounts payable/receivable processes
Excellent organizational and analytical skills to ensure accuracy and compliance
Effective communication skills for collaborating with property managers and stakeholders
What we offer:
medical, vision, dental, and life and disability insurance