Senior Property Accountant
Senior Property Accountant – Atlanta, GA
Summary
An established real estate company in Atlanta is seeking a talented Senior Property Accountant to join their team.
This role offers a dynamic environment where the accountant will oversee full-cycle property accounting for a diverse portfolio of multifamily properties.
Reporting to the Finance Manager, the Senior Property Accountant will play a key role in maintaining accurate financial records, supporting audits, and ensuring timely reporting across multiple properties in a hybrid work setting.
Responsibilities
- Manage full-cycle accounting for a portfolio of third-party multifamily properties, including accounts payable, receivable, general ledger, and bank reconciliations.
- Lead monthly close processes by preparing journal entries, accruals, review of the general ledger, and support schedule development.
- Reconcile bank statements accurately and promptly, resolving any outstanding issues with proper research and documentation.
- Coordinate with property managers to ensure accurate expense coding, rent roll reporting, and accrual adjustments.
- Calculate monthly depreciation in compliance with U.S. GAAP and maintain fixed asset reconciliations.
- Review property income statements and balance sheets for accuracy, conducting variance analysis to identify discrepancies.
- Prepare and distribute owner report packages efficiently to all relevant stakeholders on a monthly basis.
- Generate special reports as requested by management and property owners to support strategic decision-making.
- Manage cash flow activities including preparing reports, distributing funds, making debt payments, and initiating capital calls.
- Review and approve aged payables to ensure timely processing by accounts payable staff.
- Support audit and tax processes by liaising with external auditors and tax advisors for compliance and documentation.
- Participate in property-level budgeting and forecasting, providing accurate financial insights to assist in planning.
Requirements
- Bachelor’s degree or higher in Accounting.
- CPA or Master’s degree in Accounting is a plus.
- Minimum of 3 years of accounting experience, with at least 2 years in multifamily residential real estate.
- Proven experience with property accounting software, particularly Yardi; experience with RealPage or MRI is a plus.
- Strong proficiency in lease accounting and property-level budgeting.
- Excellent communication skills and attention to detail.
- Ability to manage multiple deadlines and work effectively in a hybrid environment.
- Knowledge of U.S. GAAP accounting standards related to property depreciation and fixed assets.
Ready to advance your accounting career with a growing real estate organization? This role is perfect for a skilled professional seeking a collaborative environment, competitive salary, and opportunities for career growth in property accounting. Apply today to join a company that values strong financial expertise and a proactive approach to real estate finance.
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