Sr. Property Accountant

Senior Property Accountant



Position Overview

Ledgent Finance & Accounting's client is actively seeking a dedicated and experienced Sr. Property Accountant to join their team in California. This role involves full-cycle accounting responsibilities for a portfolio of affordable housing properties that serve low-income, homeless, disabled, veterans, and other special needs households. The successful candidate will work closely with the Accounting Manager and/or Assistant Accounting Manager to ensure accurate financial reporting and compliance.


Responsibilities

Prepare monthly and quarterly financial reports for a portfolio of affordable housing properties, reviewing accounting entries from third-party management companies and making necessary adjustments.
Ensure compliance with GAAP and relevant regulatory requirements.
Maintain various supporting workpapers in Excel, including fixed asset schedules, property tax accruals, prepaid insurance, mortgage loan amortization, and partner capital contributions and distributions.
Prepare monthly bank reconciliations for multiple accounts.
Ensure accurate recording and coding of accounts payable to the appropriate general ledger accounts.
Assist with cash management alongside the Accounting Manager and Assistant Accounting Manager.
Coordinate wire transfers and ACH payments.
Calculate and post month-end adjustments, including accruals, intercompany reconciliations, and depreciation.
Reconcile subledgers on a monthly basis.
Prepare a comprehensive month-end package to support financial statements.
Liaise with property managers regarding financial statement inquiries.
Perform various reconciliations and adjustments as needed.
Collaborate with external tax preparers and auditors during annual audits and reviews.
Assist with annual budget uploads to accounting software.
Lead special projects as assigned, including training staff-level property accountants and implementing new software and processes as approved by management.

Qualifications

Bachelor's degree in Accounting, Finance, or related field; CPA preferred.
3+ years of accounting experience, particularly in property management or real estate.
Strong understanding of accounting principles and financial reporting.
Proficient in Yardi or similar accounting software, with advanced Excel skills.
Demonstrated leadership and team management capabilities.
Excellent analytical skills and attention to detail.
Strong written and verbal communication skills.
Able to work independently while also collaborating effectively with team members.
Flexibility, a positive attitude, and the ability to work with minimal supervision are essential.

Required Work Hours

Monday - Friday, first shift.


Benefits

Competitive salary of $+0,000-$105,000 per year, along with comprehensive benefits.