Property Accountant
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About the role
Property Accountant / Controller to manage and oversee accounting and financial reporting for a portfolio of multifamily and residential properties. The role owns accurate and timely property-level records, tenant accounting, vendor payments, owner reporting, reconciliations, budgets, cash flow monitoring, and month-end close.
Key responsibilities
- Manage the full accounting cycle for residential and multifamily properties, including monthly and year-end close, general ledger maintenance, reconciliations, balance sheet schedules, and financial statement preparation.
- Review rent rolls and tenant ledgers, reconcile rental income and charges, monitor receivables, and maintain accurate security deposit records and refunds.
- Work with Property Managers to resolve delinquent accounts, tenant balance discrepancies, unapplied cash, and other rental accounting issues.
- Oversee accounts payable, including invoice review and coding, vendor statement reconciliation, expense monitoring, payment scheduling, and vendor tax documentation.
- Prepare monthly owner financial statements, reports, and distributions; reconcile owner accounts; resolve discrepancies; and explain material variances to owners and senior management.
- Support annual budgeting, forecasting, and budget-to-actual analysis. Monitor property performance and cash flow and partner with Property Managers to control expenses and improve financial results.
- Oversee accounting operations, internal controls, and reporting procedures. Supervise accounting staff and ensure deadlines, documentation standards, and review controls are consistently met.
- Coordinate with CPAs, auditors, tax professionals, lenders, attorneys, and other stakeholders while improving close timelines, reporting accuracy, accounting processes, and financial controls.
About you
- Bachelor's degree in Accounting, Finance, or a related field is preferred.
- At least 3-5 years of relevant accounting experience, including responsibility for month-end close and financial reporting.
- Previous experience in residential or multifamily property accounting is strongly preferred.
- Strong understanding of US GAAP, general accounting principles, and the full accounting cycle.
- Hands-on experience with property-level financial statements, balance sheet schedules, account reconciliations, and monthly close processes.
- Working knowledge of tenant ledgers, rent rolls, security deposits, accounts payable, accounts receivable, bank reconciliations, and owner reporting.
- Advanced Excel skills and strong financial analysis capabilities.
- Demonstrated ability to manage multiple properties, competing deadlines, and high volumes of financial information with accuracy.
About us
Our client is a US-based real estate management company specializing in the ownership and day-to-day management of multifamily residential apartment buildings in New York City. The company operates with a lean, remote-first structure and works with distributed team members and trusted third-party service providers across property operations, tenant relations, maintenance, leasing, financial tracking, and regulatory compliance.
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