Property Accountant

The role is initially focused on reviewing property accounting and preparing fund-level accounting deliverables, including journal entries, reconciliations, consolidations, and reporting.

We are looking for someone who takes ownership of their work, communicates proactively, and enjoys solving accounting issues in a collaborative environment.

Your Impact

You will serve as a key member of the fund accounting team, helping ensure fund-level and property-level books are accurate, timely, and well-supported. Success in this role means delivering accurate accounting results, effectively reviewing third-party accounting work, proactively identifying issues, and gradually expanding into more complex fund accounting responsibilities.

Core Responsibilities

Property & Construction Accounting

• Review operating and development property financials prepared by third-party property managers and internal groups for accuracy, completeness, and consistency with company accounting policies.
• Coordinate with third-party accounting teams to resolve discrepancies and ensure timely delivery of financial information.
• Ensure appropriate adjustments are posted so property-level results roll correctly into consolidated fund financials.
• Review monthly construction financials and map them into the company’s general ledger.
• Review monthly bank reconciliations and accounting schedules prepared by third parties.
• Prepare and maintain fund-level accounting records, including journal entries, account reconciliations, and consolidation of underlying operating and development entities, in accordance with established accounting policies and internal controls.
• Prepare and maintain consolidation workbooks, fund-level reporting schedules, and supporting analyses used in management and fund reporting.
• Apply US GAAP principles to fund-level and entity-level accounting activities and identify issues requiring escalation.
• Perform month-end close for fund-level entities and review month-end close deliverables for underlying operating and development entities.
• Independently resolve routine fund accounting, property accounting, and construction accounting matters.

Audit, Tax & Compliance

• Support External Audits: Prepare work papers, respond to auditor inquiries, and clear comments on time.
• Support Tax Return Preparation: Partner with the internal tax team and external CPA firms; ensure supporting schedules are accurate and delivered per agreed timelines.
• Maintain Documentation Standards: Ensure files are organized, well-supported, and readily available for audit and tax requests.

Required

• Education: Bachelor's degree in Accounting or Finance.
• Experience: 5+ years of progressive accounting experience in property accounting, fund accounting, or both (real estate or multi-family preferred).
• Strong working knowledge of US GAAP and the ability to research and apply accounting guidance to real estate and fund accounting matters.
• Demonstrated experience with month-end close, consolidated reporting, account reconciliations, and preparation of supporting schedules.
• Advanced Excel skills (pivot tables, VLOOKUP/XLOOKUP, complex formulas); proficient in Microsoft 365 (Outlook, Word, Teams).

Strongly Preferred

• Experience with Oracle and/or Yardi Voyager accounting platforms.
• Real estate private equity fund accounting background, including capital account transactions.
• Multi-family residential accounting experience.
• Exposure to construction/development project accounting.

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