Senior Property Accountant
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Responsibilities
- Perform all of the responsibilities of a Property Accountant, but for a portfolio of properties that could be more difficult in their owner policies and procedures, have tighter deadlines and/or have accounting functions in more than one software.
- Perform full-cycle accounting for a portfolio of third-party multifamily properties, including accounts payable, accounts receivable, general ledger, and bank reconciliations.
- Manage monthly close processes including journal entries, accruals, general ledger review, and preparation of support schedules.
- Effectively complete the timely reconciliation of all assigned bank statements along with research and resolving outstanding items.
- Coordinate with property managers to ensure timely and accurate expense coding, rent roll reporting, and accruals.
- Accurately perform monthly depreciation calculations in accordance with U.S GAAP and maintain fixed assets reconciliations.
- Review property-level income statements, balance sheets, and variance analyses for accuracy and completeness.
- Accurately and timely collate, assemble, and distribute all owner's report packages to appropriate parties.
- Analyze, evaluate, and generate special reports as required by management and owners.
- Effectively communicate with accounting staff, support staff, and on-site associates to ensure all required job functions are completed in a professional and personable manner.
- Manage the liquid assets for properties through the preparation of cash flow reports, distribution of funds, timely debt payments, and initiation of capital calls.
- Review and approve aged payables, allowing timely and efficient payment processing by accounting associates.
- Support the annual audit and tax return processes by liaising with external auditors and tax advisors.
- Participate in budgeting and forecasting processes at the property level.
Requirements
- Education & Certification:
- Bachelor's degree in Accounting, Finance, or a related field (required).
- Minimum 4-6 years of accounting experience, with at least 2 years in real estate, preferably in multifamily or property management.
- Experience with Yardi property accounting software is highly preferred.
- Experience with RealPage or MRI is acceptable.
- Proficient in lease accounting and property-level budgeting.
- Strong understanding of U.S. GAAP, particularly as it applies to real estate.
- Strong proficiency in Microsoft Excel; ability to analyze large datasets.
- Excellent attention to detail, time management, and organizational skills.
- Strong communication skills, with the ability to work effectively with both internal teams and external owners.
- Ability to handle multiple priorities and meet tight deadlines in a fast-paced environment with little to no help from accounting managers.
- Ability to receive and apply professional feedback constructively to improve performance and job outcomes.
- Ability to always maintain professional and personable demeanor.
- An Equal Opportunity Employer - M/F/D/V.
- If you're passionate about exceeding goals and providing exceptional customer service experiences, come join Gables in our mission of Taking Care!
- Not ready to apply? Sign up for our job alerts to learn about future openings of interest by clicking the "my account" icon at the top of the page and selecting the job alerts option from the drop down.
Benefits
Additional Information
Be #gablesproud of where you work and become part of our team by applying for your new career with Gables TODAY! Gables Residential is currently hiring for a Senior Property Accountant to join our team in Atlanta, GA. The role is hybrid, requiring 3 days in office weekly and 2 days remote work. This role is for individuals who have mastered the responsibilities and skills required to be a Property Accountant and are ready for further professional development. They have also met and even exceeded the education and experience requirements of a Property Accountant. This role is responsible for managing the financial reporting and accounting operations for a portfolio of 7-8 third-party multifamily properties. The individuals in this role have a solid understanding of real estate accounting, strong analytical skills, and the ability to work cross-functionally with property operations and external owners.
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