Property Management Accountant

Company Overview

NEXEN Properties is a vertically integrated multifamily owner-operator headquartered in Los Angeles. The firm owns, manages, and asset-manages its portfolio in-house, currently comprising approximately 1,000 units across five properties. NEXEN is a growing company with approximately 500 additional units in the pipeline and further growth anticipated as the platform expands.

Position Summary

NEXEN Properties is seeking a Property Accountant to perform day-to-day accounting for an assigned portfolio of multifamily properties. Reporting to the Controller, the Property Accountant is responsible for the accuracy and completeness of property-level financial records, including accounts payable, accounts receivable, reconciliations, and month-end close support. The position works closely with on-site property management teams and supports the firm's reporting to ownership, lenders, and investors.

Essential Duties and Responsibilities

• Perform full-cycle accounts payable, including coding, entry, and processing of vendor invoices in Yardi
• Manage accounts receivable and tenant ledgers, including rent posting, delinquency tracking, and resident credits
• Prepare bank reconciliations and post cash activity for assigned properties
• Prepare journal entries, accruals, prepaid schedules, and general ledger account reconciliations
• Support the month-end close and prepare property-level financial reporting packages
• Maintain security deposit accounting and prepare move-out reconciliations
• Support utility and RUBS billing processes
• Administer vendor setup, W-9 collection, and year-end 1099 preparation
• Assist with annual budget preparation and respond to audit and tax requests
• Research and resolve discrepancies in coordination with property management, and review financial results with property managers as needed

Qualifications

Required

• Minimum of two (2) years of accounting experience, including property management experience in multifamily
• Working knowledge of Yardi
• Solid working knowledge of accounting fundamentals, including accruals, reconciliations, and the month-end close
• Strong proficiency in Microsoft Excel
• Demonstrated accuracy, organization, and follow-through, with the ability to identify and escalate issues in a timely manner

Preferred

• Bachelor's degree in Accounting, Finance, or a related field
• QuickBooks experience
• Experience supporting multi-entity or multi-property portfolios
• Working familiarity with California landlord-tenant requirements as they relate to billing and deposit accounting

Compensation and Benefits

• Base salary of $70,000 – $85,000 annually, commensurate with experience
• 401(k) with 3% company matching
• Medical, dental, vision, and life insurance
• Ten (10) days of paid vacation
• Employee rental discount at company-managed properties, subject to availability and eligibility
• [Paid holidays and sick leave in accordance with California law]

To Apply

Qualified candidates may apply through LinkedIn or submit a resume to [email address].

NEXEN Properties is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or any other characteristic protected by applicable law.