Property Accountant

LHH; San Francisco (CA); On-site; USD 142,411,000 - 146,794,000; Full time

Benefits offered by this job

Medical, dental, vision

401(k) plan

Commuter benefits

Job summary

LHH Recruitment Solutions in San Francisco is seeking a Property Accountant to oversee-day-to-day accounting for a portfolio of ~10–12 properties, including month-end close, reconciliations, and financial reporting. You will collaborate with property management and asset management teams to ensure accuracy and timeliness of reporting.

Ideal candidates bring strong GL and journal entry skills, multi-entity experience, and advanced Excel proficiency, with a focus on accuracy and internal controls

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field preferred.
• Minimum of 3 years of progressive accounting experience required.
• 5+ years of accounting experience preferred.
• Strong working knowledge of General Ledger Accounting, Journal Entry Preparation, Account Reconciliations, Month-End Close, Budget Variance Analysis.

Responsibilities

• Manage accounting functions for a portfolio of approximately 10-12 properties.
• Execute monthly close activities and ensure timely reporting.
• Prepare and post journal entries maintaining GL accuracy.
• Reconcile balance sheet and income statement accounts and investigate variances.
• Monitor financial activity and investigate unusual fluctuations.
• Prepare monthly financial statements and supporting schedules.
• Analyze budget-to-actual performance and provide explanations for variances.
• Process and reconcile intercompany transactions.
• Review accounts payable activity and validate proper coding.
• Partner with property management on rent activity, security deposits, and operating results.
• Coordinate with asset management to meet reporting deadlines.
• Support investor, lender, and ownership reporting requirements.
• Assist with year-end audits and annual financial reporting.
• Participate in special projects and ad hoc reporting requests.

Skills

General Ledger Accounting

Journal Entry Preparation

Account Reconciliations

Month-End Close

Budget Variance Analysis

Multiple Entities Management

Advanced Excel

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Microsoft Excel

Job description

LHH Recruitment Solutions is partnering with a mission-driven affordable housing organization seeking an experienced Property Accountant to join its growing accounting team. This is an excellent opportunity for an accounting professional who enjoys overseeing a portfolio of properties, collaborating with operations and asset management teams, and contributing to an organization dedicated to providing quality affordable housing throughout the community.

The ideal candidate will possess strong accounting fundamentals, experience managing multiple entities or properties, and the ability to balance competing deadlines in a fast-paced, collaborative environment.

Position Overview

The Property Accountant will oversee the day-to-day accounting and financial reporting activities for a portfolio of approximately 10-12 properties. This role is responsible for month-end close, reconciliations, financial reporting, variance analysis, investor reporting support, and maintaining accurate financial records while partnering closely with internal stakeholders.

What You'll Do

• Manage all accounting functions for a portfolio of approximately 10-12 properties.
• Execute monthly close activities and ensure timely completion of reporting deliverables.
• Prepare and post journal entries while maintaining general ledger accuracy.
• Reconcile balance sheet and income statement accounts and investigate variances.
• Monitor financial activity and research unusual fluctuations or discrepancies.
• Prepare monthly financial statements and supporting schedules.
• Analyze budget-to-actual performance and provide explanations for variances.
• Process and reconcile intercompany transactions.
• Review accounts payable activity and validate proper account coding.
• Partner with property management teams regarding rent activity, security deposits, and property operating results.
• Coordinate with asset management teams to ensure reporting deadlines are met.
• Support investor, lender, and ownership reporting requirements.
• Assist with year-end audits and annual financial reporting activities.
• Participate in special projects, financial analysis, and ad hoc reporting requests.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field preferred.
• Minimum of 3 years of progressive accounting experience required.
• 5+ years of accounting experience preferred.
• Strong working knowledge of:
• General Ledger Accounting
• Journal Entry Preparation
• Account Reconciliations
• Month-End Close
• Budget Variance Analysis
• Experience managing multiple entities, business units, or property portfolios.
• Advanced Microsoft Excel skills including Pivot Tables, VLOOKUP/XLOOKUP, and financial analysis functions.
• Strong organizational and analytical skills.
• Ability to effectively manage multiple priorities and reporting deadlines.
• Excellent verbal and written communication skills.
• Ability to work independently and collaboratively across departments.

Preferred Qualifications

• Property accounting or real estate accounting experience.
• Affordable housing, multifamily housing, or nonprofit housing experience.
• Experience supporting investor and lender reporting requirements.
• Knowledge of intercompany accounting.
• Experience with work-in-progress (WIP) accounting.
• Experience with MIP Fund Accounting.

• Benefit offerings include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, an Employee Assistance Program (EAP), commuter benefits, and a 401(k) plan.
• Our program provides employees the flexibility to choose the type of coverage that best meets their individual needs.
• Available paid leave may include Paid Sick Leave, where required by law, as well as any other paid leave required by federal, state, or local law.
• Holiday pay may be available and is subject to eligibility requirements.

The pay rate for this position is $49.70 to $51.23 per hour. Compensation is determined based on experience, education, skills, certifications, internal equity, and market conditions.

Work Authorization

Applicants must be authorized to work in the United States without employer sponsorship.

Equal Opportunity Employer / Veterans / Disabled

LHH Recruitment Solutions is an Equal Opportunity Employer/Veterans/Disabled. We are committed to creating a diverse and inclusive workplace and consider all qualified applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, ancestry, age, disability, genetic information, veteran status, marital status, citizenship status, or any other protected status under applicable federal, state, or local law.

Candidate Privacy Information Statement

To read our Candidate Privacy Information Statement, which explains how we will use your information, please visit: LHH Candidate Privacy Information Statement

Qualified applicants with arrest or conviction records will be considered for employment in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable, the California Fair Chance Act, Los Angeles City Fair Chance Ordinance, Los Angeles County Fair Chance Ordinance for Employers, and the San Francisco Fair Chance Ordinance.