Staff Accountant-Property Management

Job Description: Staff Accountant – Property Management

Position Overview

The Staff Accountant will support the accounting and financial operations of a diverse property management portfolio, including both multifamily communities and scattered-site properties. This role is responsible for maintaining accurate financial records, preparing reports, and ensuring compliance with internal policies and regulatory requirements. The ideal candidate is detail-oriented, organized, and experienced in property management accounting.

Key Responsibilities

General Accounting

• Prepare monthly journal entries, accruals, and reconciliations for assigned properties.


• Maintain general ledger activity and ensure accurate coding of income and expenses.


• Reconcile bank accounts, escrow accounts, and balance sheet accounts on a monthly basis.


• Process accounts payable/receivable transactions and monitor aging reports.


• Review vendor invoices for accuracy, proper coding, and compliance with contracts.

Property Management Accounting

• Prepare monthly property financial statements (P&L, balance sheet, cash flow).


• Ensure timely recording of rent collections, tenant charges, concessions, and write-offs.


• Reconcile rent rolls and tenant ledgers with property management software.


• Monitor security deposit accounts and ensure compliance with state/local requirements.


• Support budget preparation, reforecasting, and variance analysis for each property.


• Assist property managers with financial questions, providing timely reporting and support.

Compliance & Reporting

• Ensure financial reporting is completed in accordance with GAAP and company policies.


• Maintain compliance with lender, investor, and regulatory reporting requirements.


• Prepare supporting documentation for audits and annual tax returns.

Collaboration

• Partner with Property Managers, Regional Managers, and the leadership team to support financial decision-making.


• Work closely with accounts payable, payroll, and other accounting staff to ensure smooth operations across the portfolio.

Qualifications

• 3+ years of accounting experience, preferably in property management or real estate.


• Experience with property management/accounting software (e.g., Yardi, AppFolio, etc.).


• Strong knowledge of GAAP and familiarity with real estate accounting practices.


• Proficiency in Microsoft Excel and other MS Office applications.


• Excellent organizational skills, attention to detail, and ability to meet deadlines.


• Strong communication skills and ability to collaborate across departments.

Preferred Skills

• Experience with multifamily and scattered-site property portfolios.


• Familiarity with HUD/LIHTC or other affordable housing programs (if applicable).

Compensation & Benefits

• Competitive salary based on experience.


• Health, dental, and vision insurance.


• 401(k) with employer match.


• Paid time off and holidays.