Senior Property Accountant

Senior Property Accountant

Job Summary:

A leading property management firm is seeking a Senior Property Accountant to oversee financial reporting, budgeting, and compliance for a portfolio of tax credit and affordable/HUD senior housing properties. This role, which offers a competitive salary of up to $100,000 per year, ensures the accuracy of financial statements, manages month-end and year-end closing processes, and partners with internal teams to maintain strong financial health across multiple properties.

Key Responsibilities:

Financial Reporting & Compliance

• Prepare and oversee monthly financial statements for property entities
• Ensure compliance with HUD regulations, tax credit requirements, and lender reporting
• Perform monthly, quarterly, and annual variance analyses and reconciliations

Budgeting & Audits

• Develop annual property budgets in collaboration with site personnel
• Conduct financial analysis of operating costs, including utilities, taxes, and insurance
• Prepare audit schedules and support external auditors for annual property audits

Process Management & Improvements

• Ensure accuracy in accounting transactions, bank reconciliations, and inter-company entries
• Identify and implement process improvements to enhance efficiency in financial reporting

Cross-Department Collaboration

• Work closely with the CFO, Controller, and Accounting Managers to drive financial strategy
• Partner with Property Management and Asset Management teams on budget planning and compliance reporting

Required Experience:

• 5+ years of accounting experience in real estate, affordable housing, or property management
• Strong track record of financial statement preparation and variance analysis
• Experience managing compliance and reporting for HUD and tax credit properties

Nice-to-Have Experience:

• Previous work with nonprofit organizations or mission-driven housing communities
• Experience supporting external audits and working with investors

Required Skills:

• Proficiency in NetSuite software (or similar property management accounting systems)
• Advanced financial analysis & reconciliation skills with exceptional attention to detail
• Strong process management & organizational abilities for workflow structuring and task prioritization

Preferred Skills:

• NetSuite systems
• Strong problem-solving and communication skills for cross-functional collaboration
• Real estate property accounting experience

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