Senior Property Accountant

Summary

Join Stream Realty Partners as a Senior Property Accountant and ensure timely and accurate financial statements for your assigned portfolio. You will review monthly financial statements and the general ledger, daily transactions, and assist property management with annual budgets and operating expense reconciliations. This role offers a defined career path, mentoring, and training resources within a successful company. You will perform the full accounting cycle, provide internal and external reporting, analyze financial performance, support budgeting, and prepare reports. Furthermore, you will act as a customer service leader, mentor team members, and ensure compliance with SOC I requirements. The position requires strong accounting skills, real estate experience, and proficiency in relevant software.

Requirements

• BS Degree in Accounting or related four year degree
• Minimum 3-8 years of related accounting/reporting experience required
• Demonstrated quantitative analytical and accounting skills commensurate with experience level
• Intermediate understanding of accounting principles and ability to apply those principles to job assignments
• Intermediate competence in Microsoft Excel and Outlook required
• Ability to interact with clients and team members; Excellent communication skills, both verbal and written
• Ability to act and work with a high level of self-motivation, ability to multi-task, and thrive in a deadline-oriented environment
• Ability to take initiative in routine problem-solving, and to present possible solutions to manager or supervisor for feedback regarding more complex issues /or problems

Responsibilities

• Perform the full accounting cycle
• Provide internal and external reporting of a portfolio/property’s financial results
• Work with Property Management personnel to provide an in-depth analysis of the project’s financial performance
• Support the budgeting process and expense reconciliation preparation review of data at a basic/intermediate level with limited direction from the manager
• Prepare recurring and ad hoc reports and analyses with limited direction from the manager
• Act as an internal and external customer service leader and assist the supervisor/manager with more complex issues
• Mentor and share knowledge with team members
• Prepare the monthly financial statement packages for clients. This work includes creating and posting journal entries recorded to the general ledger, fixed asset depreciation, and amortization schedules, in-depth review of the general ledger and income statement, bank statement reconciliations, in-depth property manager variance comment review, and balance sheet reconciliations
• Ensure internal and external reporting deadlines are met
• Interact frequently via verbal and written communication with the property management team and the Property Manager(s)
• Interact with Clients as needed on basic/complex issues. Include supervisor or manager on advanced issues
• Prepare and submit Sales & Use Tax returns, as applicable
• Manage and review the cash accounts of each project/property; Ensure critical timely payment of utilities, taxes, mortgages, and owner distributions
• Review and post cash receipts, as needed
• Review payables. Process vendor invoices for payment as needed
• Assist the Manager with the transition of project assignments
• Ensure compliance with SOC I requirements
• Other projects and duties as assigned

Preferred Qualifications

• Real estate industry experience is strongly preferred
• Knowledge of budgets and CAM reconciliations is preferred
• Yardi and/or MRI intermediate experience is preferred

Benefits

• Competitive salaries
• Bonuses
• Medical/dental/vision insurance
• Pharmacy benefits
• Health savings account
• Flexible spending accounts
• 401(k) plan with company matching
• PTO
• Holiday pay