Hybrid Property Accountant - Remote-Friendly

Pegasus Residential, LLC

Alpharetta (GA)

Hybrid

USD 60,000 - 70,000

Full time

4 days ago
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Benefits offered by this job

401(k)
401(k) matching
Health insurance
Life insurance
Paid time off
Vision insurance
Work from home

Job summary

Pegasus Residential, LLC is seeking a Property Accountant to join our team in a hybrid role with a blend of office and remote work. The position focuses on accurate recording of lease charges, deposits, and receipts across property management systems while monitoring cash positions and coordinating wire transfers for financing and distributions.

The role requires a four-year degree in accounting or finance (CPA preferred) and real estate accounting experience.

Qualifications

  • Four-year degree in Accounting or Finance, or equivalent combination of education and experience.
  • We prefer at least two years of experience in real estate accounting.
  • Proficiency in Microsoft Excel.
  • Strong written and verbal communication skills.
  • Strong attention to detail.
  • Ability to multi-task to meet required deadlines without immediate supervision.
  • Knowledge and understanding of GAAP.
  • Experience with Real Page (OneSite) is preferred.

Responsibilities

  • Serve as an accounting department liaison to our properties, working closely with the Community Managers to ensure lease charges, security deposits and receipts are properly recorded in the property management and accounting software.
  • Monitor cash positions and notify the Controller of potential shortfalls or areas of concern.
  • Initiate and record wire transfers for interest and escrow payments (mortgage/debt service), owner distributions, management fee payments, security deposit transfers, payroll and accounts payable funding.
  • Calculate and record journal entries for depreciation, amortization, insurance, property taxes, interest, payroll, allowance for doubtful accounts (when used) and other miscellaneous items.
  • Review operational accruals for reasonableness and record as appropriate.
  • Reconcile bank accounts, balance sheet, security deposit, activity, and calculate the monthly cash true-up. Review income statement accounts for accuracy and reasonableness.
  • Review or prepare monthly construction, renovation, bank, or replacements reserve draws to lenders. For construction draws, review development invoices to ensure they are properly coded and recorded in the development accounts.
  • Maintain key analytical schedules and analysis such as utility cost and tenant reimbursements, unusual spikes or declines in any one general ledger line item.
  • Monitor accounting processes and procedures to improve accuracy and efficiency to achieve departmental objectives.
  • Prepare audit and tax workpaper files for preliminary and year-end field work. Provide requested supporting documentation.
  • Support upper management in the completion of special projects, as needed.
  • Must be able to meet predictable attendance, punctuality expectations, and physical demands of the position complying with Pegasus' policies and performance expectations.
  • Follows established policies and procedures by monitoring and ensuring compliance with regulatory requirements, organizations standards, and operational processes related to area(s) or responsibility and reporting violations or infractions to appropriate individual(s).

Skills

Accounting
GAAP
Communication skills
Attention to detail

Education

Bachelor's degree in Accounting or Finance
CPA (Preferred)

Tools

Microsoft Excel
Real Page (OneSite)

Job description

Pegasus Residential, LLC is seeking a Property Accountant to join our team in a hybrid role with a blend of office and remote work. The position focuses on accurate recording of lease charges, deposits, and receipts across property management systems while monitoring cash positions and coordinating wire transfers for financing and distributions.

The role requires a four-year degree in accounting or finance (CPA preferred) and real estate accounting experience.

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