Property Accountant

Pegasus Residential; Alpharetta (GA); On-site; USD 60,000 - 70,000; Full time

Benefits offered by this job

401(k)

401(k) matching

Dental insurance

Health insurance

Life insurance

Paid time off

Vision insurance

Work from home

Job summary

Pegasus Residential in Alpharetta, GA is seeking a Property Accountant to join our team. You will work with Community Managers to ensure lease charges, deposits and receipts are accurately recorded in our property management and accounting systems; it also monitors cash positions and coordinates wire transfers.

The ideal candidate has a four-year degree in Accounting or Finance, real estate accounting experience, strong Excel skills, GAAP knowledge, and clear communication.

Qualifications

• Four-year degree in Accounting or Finance.
• Preference for at least two years of real estate accounting experience.
• Proficiency in Microsoft Excel.
• Knowledge of GAAP.
• Experience with Real Page (OneSite) is preferred.

Responsibilities

• Serve as accounting liaison to properties and Community Managers.
• Monitor cash positions and notify Controller of shortfalls or concerns.
• Record wire transfers for mortgage/debt service, owner distributions, and payments.
• Record journal entries for depreciation, amortization, taxes, payroll, and accruals.
• Reconcile bank accounts and balance sheet; review monthly statements.
• Support audit workpapers and year-end field work.

Skills

Attention to detail

Strong communication

Multi-tasking

GAAP knowledge

Education

Bachelor's degree in Accounting or Finance

CPA (Preferred)

Tools

Microsoft Excel

RealPage OneSite

Job description

Property Accountant

Pay range: $60,000 - $70,000

Pegasus is growing and we are looking to bring on a Property Accountant to our team.

Are you more than just a bean counter?

Then, you have come to the right place! Are you looking for a career opportunity that provides a solid work/life balance while offering a hybrid office/work from home schedule? Do you need a flex work schedule? Our term is permitted to arrive between 7:30am and 9:00am and leave between 4:30pm and 6:00pm respectively.

Do you like a free lunch on month end close days? After ninety days of service, how does three weeks PTO and 11 paid holidays sound in your first year? Culturally, we are so much more.

Our accountants:

We have sports enthusiasts, runners, musicians, and double chancellors. We have a diverse team of family people, single people, every kind of happy people. You will find friends here.

At Pegasus Residential, our associates epitomize the word success! Out fast-paced company culture mixes challenges with excitement to create an environment of professionalism, engagement, and job growth opportunities seldom seen or experienced!

Key Responsibilities in your role as an Accountant:

• 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 true0up. 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).

Education and Experience

• Four-year degree in Accounting or Finance, or equivalent combination of education and experience.
• We prefer at least two yeas of experience in real estate accounting
• Proficiency in use of 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

Qualifications

Education

Preferred

Bachelors

Experience

Preferred

Property Accountant

Job Type: Full-time

Salary: $55,000.00 - $75,000.00 per year

Benefits:

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

Physical setting:

• Office

Schedule:

• Monday to Friday

Ability to commute/relocate:

• Alpharetta, GA 30009

Experience:

• Accounting: 2 years (Preferred)

License/Certification:

• CPA (Preferred)

Work Location: One location

#INDHP

Equal Opportunity Employer
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