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The Senior Property Accountant will generate accurate and timely financial reporting on assigned properties including completing bank reconciliations, recording mortgage payments, tax packages, oversee the posting and payment of property taxes, property insurance and related property fees, record the acquisition and disposition of properties, among other accounting tasks as assigned. The Senior Accountant will assist the property accounting team in complex reconciliations and problem solving to ensure financial accuracy across the portfolio, as well as assist the PM Controller on special projects.
Job Responsibility:
Preparation of timely and accurate monthly financial statements on assigned properties
Verify principal, taxes, insurance and reserves balances match statements
Record taxes and insurance paid by escrow
Responsible for monitoring and assisting in processing the payment and amortization of all insurance and property taxes
Reconciles assigned bank accounts
Investigates and solves issues regarding cash deposits/checks and cash balances
Reviewing financial reporting before finalized to ensure accuracy
Track and send monthly/quarterly distributions list
Post and Pay property Management Fees and Asset Management Fees
Responsible for recording the HUDs of single family & multi family purchases, dispositions, and refinances
Responsible for annual tax workpapers for your assigned properties
verifying data and adjusting inconsistencies
Assists PM Controller, SVP Finance, CFO and the accounting department with special projects
Assist with implementing new policies & procedures as necessary
Mentoring, leading, guiding, training, instructing, overseeing, monitoring and verifying the work of direct report team members
Requirements:
Bachelor’s degree in Accounting
5+ years of accounting experience, preferably in real estate, property management, or related industries
Strong experience with property management accounting, including rent rolls, and tenant billing
Experience preparing financial statements, budgets, and variance analyses for multiple properties
Strong understanding of real estate accounting principles and property management operations
Excellent analytical, problem-solving, and organizational skills
Ability to manage multiple properties and deadlines simultaneously
Attention to detail and high level of accuracy
Strong communication skills for working with property managers, vendors, and internal teams