Job Description

A professionally owned and managed property management company is seeking a Senior Property Management Accountant to join the Team. The position will be based out of our Philadelphia, PA office!

The Senior Property Management Accountant will oversee and manage the financial operations related to a regional residential property portfolio. This role involves preparing and analyzing financial statements, ensuring compliance with accounting principles, and providing strategic financial insights to support property management and investment decisions. The ideal candidate will have extensive experience in real estate accounting, a strong analytical mindset, and excellent organizational skills. The ideal candidate should be inquisitive, eager to learn, and able to juggle multiple tasks.

• Financial Reporting: Prepare and review monthly, quarterly, and annual financial statements for assigned properties. Ensure accuracy and completeness in financial reporting.
• Account Reconciliation: Perform account reconciliations for property-related accounts, including bank, general ledger, and subsidiary accounts. Investigate and resolve discrepancies.
• Budgeting & Forecasting: Assist in the preparation of property budgets and forecasts. Analyze financial performance against budget and provide insights on variances.
• Lease Accounting: Manage lease accounting processes, including rent rolls, lease abstracts, and tenant billing. Ensure compliance with lease agreements and accounting standards.
• Property Management Support: Collaborate with property managers and other departments to address financial issues, streamline processes, and provide financial analysis. Accountable for complete success in this role
• Tax & Compliance: Prepare documentation for external CPAs assisting in annual tax filings. Ensure compliance with relevant accounting standards and regulations.
• Process Improvement: Identify opportunities for process improvements and implement best practices in property accounting.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 5 years of experience in real estate accounting or property management accounting.
• Strong understanding of real estate accounting principles, lease accounting, and property financial management.
• Proficiency in accounting software (e.g., Yardi, or similar) and Microsoft Office Suite, especially Excel.
• Excellent analytical and problem-solving skills with a keen attention to detail.
• Strong organizational skills and the ability to manage multiple tasks and deadlines.
• Effective communication skills, both written and verbal, with the ability to collaborate with various stakeholders.

Why Join Us?

• Competitive Salary: Attractive compensation package commensurate with experience.
• Benefits: Comprehensive benefits package including health, dental, and vision insurance, retirement plan with company match and profit sharing, paid time off, and student loan repayment program.
• Career Growth: Opportunities for professional development and career advancement within a growing company.
• Work Environment: Collaborative and supportive team atmosphere with a commitment to work-life balance.

PM19

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