Veritas Search Group
This role requires candidates who are currently authorized to work in the U.S. without sponsorship, and C2C arrangements are not accepted.
Job Summary: The Property Accountant is responsible for overseeing day-to-day accounting functions related to a portfolio of residential properties. This role plays a key part in ensuring accurate financial reporting, managing month-end close activities, and supporting operational teams with timely and reliable financial data. The ideal candidate will demonstrate strong attention to detail, sound knowledge of accounting principles, and a proactive approach to collaboration and problem-solving.
Key Responsibilities:
Work Environment: This position operates in a professional office setting and involves regular interaction with internal teams, vendors, and external partners. Professionalism, effective communication, and the ability to build positive working relationships are essential.
Physical Requirements: Duties are typically performed in a standard office environment, requiring the ability to sit, stand, walk, and communicate effectively. Reasonable accommodations may be made to support individuals with disabilities in performing essential job functions.
Job Summary: The Property Accountant is responsible for overseeing day-to-day accounting functions related to a portfolio of residential properties. This role plays a key part in ensuring accurate financial reporting, managing month-end close activities, and supporting operational teams with timely and reliable financial data. The ideal candidate will demonstrate strong attention to detail, sound knowledge of accounting principles, and a proactive approach to collaboration and problem-solving.
Key Responsibilities:
- Manage the monthly accounting close process, including preparation of journal entries, reconciliations, and financial reports
- Review and reconcile property-level revenues, accounts receivable, and accounts payable transactions
- Approve invoices, move-out statements, and ensure accurate maintenance of subsidiary ledgers
- Prepare and record entries for accruals, bad debt, fees, taxes, and other routine or ad hoc items
- Reconcile fixed asset schedules and review depreciation and amortization activity
- Analyze and reconcile general ledger accounts for accuracy and compliance with accounting standards
- Follow established closing timelines and escalate potential delays or discrepancies as needed
- Work closely with on-site teams and internal departments to resolve billing and ledger-related issues
- Respond promptly to internal inquiries and provide financial insight to support operational decisions
- Complete bank reconciliations and analyze automated payments and credit card activity
- Assemble financial documentation for lenders, audits, and tax filings
- Prepare reporting packages for internal or external stakeholders, including joint venture partners if applicable
- Process tax and loan-related payments in a timely manner
- Initiate ACH and wire transfers and ensure appropriate documentation is maintained
- Contribute to the preparation of GAAP financial statements and support year-end reporting requirements
- Assist with special projects and process improvements as assigned
- Strong understanding of generally accepted accounting principles (GAAP)
- Proven ability to manage multiple priorities and meet deadlines in a dynamic environment
- High attention to detail, organizational skills, and accountability
- Strong communication skills and a customer service-oriented mindset
- Knowledge of internal controls, financial reporting, and real estate accounting practices
- Proficiency with accounting software and Microsoft Office tools (Excel, Word); experience with Yardi or similar systems is a plus
- Experience with affordable housing programs or joint venture accounting is beneficial
- Bachelor's degree in Accounting, Finance, or related field preferred
- Prior experience in residential property accounting is strongly preferred
Work Environment: This position operates in a professional office setting and involves regular interaction with internal teams, vendors, and external partners. Professionalism, effective communication, and the ability to build positive working relationships are essential.
Physical Requirements: Duties are typically performed in a standard office environment, requiring the ability to sit, stand, walk, and communicate effectively. Reasonable accommodations may be made to support individuals with disabilities in performing essential job functions.