Property Accountant

Overview

This role involves assisting in the preparation and review of monthly financial statements and month-end close-outs for hotel and residential real estate projects. The position supports internal Investment Management teams as well as third-party business partners across several properties.

Responsibilities

• Coordinate with third-party partners, property managers, and investment managers to deliver accurate and timely monthly financial statements, including balance sheets, income statements, cash flow reports, and variance analyses.
• Communicate professionally and effectively with senior management, business partners, and lenders through business letters, monthly project reports, and variance explanations.
• Review and monitor income and property expenses/accruals for accuracy and completeness.
• Review annual property budget templates and input them into the company’s financial system.
• Submit construction draws to banks or equity partners for funding.
• Establish, maintain, and update files, databases, records, and other documents; develop and maintain data and perform routine analyses and calculations for recurring internal reports.
• Produce high-quality reports and written documents.
• Collaborate with project management to determine current cash position, budget status, and new project setup.
• Perform other accounting duties including property bank reconciliations, replacement reserve draws, lender financials, quarterly cash forecasting, quarterly investment notes, and special projects.

Requirements

• Four-year college degree with a major in Accounting.
• 2-5 years of experience in the Accounting field.
• Experience with Yardi Accounting software is a plus.
• Self-motivated and able to work well in a team environment.
• Ability to work effectively in a challenging, fast-paced environment.
• Well organized with strong interpersonal and communication skills.
• Proficient in Microsoft Office Suite, especially Microsoft Excel.

Compensation & Benefits

The anticipated base salary range for this remote-eligible corporate position will be disclosed in compliance with applicable pay transparency laws. Final compensation will be determined based on relevant experience, skills, education, certifications, internal equity, and geographic location. This role may also be eligible for additional compensation such as commission or incentive pay, along with a comprehensive benefits package.

Location

Remote-eligible corporate position.