Staff Property Accountant

Job Summary

The Property Accountant will be responsible for producing financial statements for all assigned communities, analyzing data, performing variance analysis, reviewing entries, making corrections, and conducting reconciliations to ensure accurate reporting. This role requires strong analytical, critical thinking, and communication skills, as well as knowledge of relevant laws and regulations.

Qualifications

• Requires a bachelor's degree in accounting or real estate, or equivalent experience of 5+ years in the role.
• Effectively records journal entries and evaluates financial statements for accuracy and completeness.
• Strong analytical, critical thinking, and communication skills.
• Basic knowledge of laws and regulations regarding HUD, Tax credit, public housing.
• Basic knowledge of construction, affordable/senior living development accounting.
• Basic knowledge of ownership structures and financial modeling.
• Possess intermediate skills in Excel.
• Ability to communicate with lenders, investors, auditors, and various governmental representatives.

Responsibilities

• Work with lenders, syndicators, investors, regulatory agencies, and various internal stakeholders on reporting and inquiries.
• Review audits and tax returns for assigned sites.
• Aid in annual budgeting for the sites.
• Assist on projects that ensure internal controls and bring efficiency.
• Learn HUD, RD, and other applicable regulatory agency requirements.
• Ensure payments made on taxes and other annual items, along with verifying the accuracy of accruals analytically.
• Perform other related duties as assigned.