Senior Accountant, Property Accounting
About the role
The Senior Accountant, Property Accounting at Prime Residential (Prime) plays a critical role in ensuring the accuracy, integrity, and compliance of financial reporting across our portfolio. This position is responsible for overseeing property related transactions, managing the financial close process, preparing journal entries, conducting reconciliations, and leading financial analysis to drive strategic decision-making.
Responsibilities
Manage the financial close process, ensuring accuracy and timeliness in reporting.
Prepare and record journal entries, ensuring proper documentation, verification, and reconciliation of financial data.
Aid in liquidity and cash activities of properties to facilitate organization’s goals on investor distributions.
Perform bank reconciliations timely ensuring compliance and accuracy.
Ensure general ledger integrity, including intercompany allocations, loan schedules, and financial transactions.
Prepare financial reports to meet lender and investor requirements.
Research, analyze, and effectively communicate complex accounting issues and escalate appropriately.
Prepares various business license renewals, business taxes, asset listing reporting and responsible for remitting all property taxes.
Support financial analysis by assessing revenue trends, expenditures, and cost controls.
Aid in budget preparation and provide recommendations for adjustments based on financial trends.
Provide insights into forecasting and financial planning to align with corporate objectives.
Comply and assist corporate accounting in financial audits, tax compliance, and financial reporting requirements, ensuring efficient and accurate documentation.
Ensure full compliance with GAAP, regulatory requirements, and internal financial policies, identifying and mitigating risks.
Proactively analyze financial processes, recommend improvements, and implement controls to optimize compliance and efficiency.
Identify and implement process improvements to enhance financial efficiency, automation, and reporting accuracy.
Stay ahead of industry best practices, evolving accounting regulations, and technological advancements, integrating new insights into financial operations.
Partner with property management teams, regional leadership, and corporate finance to align accounting operations with business objectives and compliance needs.
Lead weekly meetings with internal teams to ensure financial alignment and reporting consistency.
Prepare and present quality financial reports to leadership to drive strategic financial decisions.
Requirements
A BA/BS degree in Accounting, Finance, Business, or related field.
4+ years of accounting experience, preferably within property management or real estate.
Multi-family experience a plus.
Proficiency in accounting software and financial systems and Microsoft Excel.
RealPage experience a plus.
Strong knowledge of GAAP, financial reporting, general ledger management, reconciliations, budgeting, and forecasting.
Exceptional analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.
Strong attention to detail, ensuring accuracy and compliance in all financial reporting.
Highly organized and proactive, with the ability to manage multiple projects and deadlines independently.
Excellent communication skills, capable of translating financial data into clear, actionable insights for stakeholders.
Solutions-oriented mindset, continuously seeking ways to improve financial processes and drive operational efficiencies.
What We Offer
Generous Benefits: Comprehensive medical, dental, vision, and RX plans.
PTO: Standard PTO plus 11 company holidays, 2 floating holidays, 1 birthday day-off, and 1 volunteer day-off.
Retail: 401(k) plan with company contribution.
Career Growth: Prime Academy provides various development opportunities by position including foundational skills, technical skills, leadership essentials, and more.
Education: Tuition reimbursement for continuous learning.
Employee Housing Discount: Housing discount offered at Prime Residential properties.