Job opening
Senior Property Accountant
Filed under Staffing and Recruiting
Full job description
Summary:
Addison Group has partnered on the search for a Senior Property Accountant to support the accounting and financial reporting functions of a real estate investment fund with a portfolio of 16 joint venture properties, including assets in operation and under development. This role will be a key contributor to the monthly, quarterly, and annual close processes and will work closely with asset management, development, and joint venture partners.
Responsibilities:
- Lead and execute monthly, quarterly, and annual close processes for assigned properties, ensuring accuracy and timeliness
- Prepare and review journal entries, account reconciliations, and supporting schedules
- Maintain property-level financial statements in accordance with GAAP and partnership agreements
- Analyze operating results, budget variances, and key financial metrics; provide actionable insights to management
- Coordinate with joint venture partners, property managers, and third-party operators to ensure completeness and accuracy of financial data
- Support development accounting, including capitalization of project costs, construction draws, and budget tracking
- Assist with preparation of investor reporting packages and lender compliance requirements
- Collaborate with auditors and support annual audit and tax processes
- Continuously improve accounting processes, internal controls, and reporting efficiencies
Qualifications:
- Bachelor’s degree in Accounting or Finance; CPA preferred
- 3+ years of accounting experience, with a strong preference for real estate or property accounting
- Real estate experience preferred
- Strong knowledge of GAAP and financial reporting principles.
- Advanced proficiency in Excel; experience with Yardi, MRI, or similar property accounting systems is a plus
- Detail-oriented with strong analytical, organizational, and problem-solving skills
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Effective communication skills and ability to work cross-functionally with internal and external stakeholders
Compensation, benefits, and perks:
- Salary: $85,000 - 100,000/year
- Annual discretionary bonus
- PTO + Sick Time and Floating Holidays
- Summer Hours
- Hybrid remote
- Medical, dental, vision benefits
- 401k with company match
- Paid parental leave
- Tuition reimbursement