The Accountant handles all property-level accounting operations for a large, high-volume multifamily residential community. This role ensures accurate financial reporting, efficient accounting workflows, and compliance with company policies and GAAP standards. The ideal candidate thrives in a fast-paced environment with complex financial activity, including multiple revenue centers, high resident transaction volume, and large operating budgets.
Responsibilities
Financial Management & Reporting
- Prepare monthly, quarterly, and annual financial statements for ownership, lenders, and internal stakeholders.
- Review and approve journal entries, account reconciliations, and monthly close packages.
- Monitor property financial performance against budget; identify variances and recommend corrective action.
- Ensure accurate recording of revenue, expenses, capital expenditures, and accruals.
Accounts Receivable & Resident Accounting
- Oversee resident billing, rent collections, refunds, and account adjustments.
- Ensure accurate and timely posting of charges, deposits, and concessions.
- Audit delinquency records; partner with onsite team to support collection efforts and eviction workflows.
- Monitor compliance with Fair Housing and local/state landlord-tenant accounting laws.
Accounts Payable & Vendor Management
- Oversee invoice coding, approval workflows, and payment processing.
- Ensure proper vendor setup, W-9 collection, and adherence to procurement policies.
- Reconcile vendor statements and resolve payment discrepancies.
- Support year-end 1099 processing.
Budgeting & Forecasting
- Assist with annual budget creation, multi-year financial planning, and CAM/tax/insurance reconciliations.
- Maintain capital tracking schedules; support large capital project accounting.
- Partner with site leadership to identify financial risks and opportunities.
Internal Controls & Compliance
- Ensure adherence to GAAP, internal policies, and audit requirements.
- Maintain accurate documentation and support internal/external audits.
- Implement process improvements to enhance accuracy and efficiency.
Team Leadership
- Provide training on financial systems (e.g., Yardi, RealPage, Entrata).
- Foster a culture of accountability, accuracy, and customer service.