Property Accountant - Multifamily

Franklin Companies; San Antonio (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

Franklin Companies, based in San Antonio, TX, seeks a Property Accountant/Sr. Property Accountant to support multiple residential properties from its corporate office. The role emphasizes accurate financial statements and guidance to on-site management.

Responsibilities include month-end closings, cash management, budgeting support, and year-end audit assistance, with experience in property management accounting highly valued.

Qualifications

• Four-year degree in accounting preferred; experience acceptable in lieu of degree.
• 4–5 years in month-end closings in property management preferred.
• Strong GAAP knowledge and balance sheet accounting expertise.
• Strong analytical and reading comprehension for complex partnership and loan documents.
• Excel proficiency and high accuracy with confidentiality.

Responsibilities

• Prepare and maintain financial statements for multiple residential properties.
• Perform month-end close, reconcile banks, post accruals and journal entries.
• Manage cash balances and approve payables for weekly checks.
• Create and maintain debt amortization and prepaids schedules.
• Perform balance sheet reconciliations and analysis.

Skills

GAAP knowledge

Analytical skills

Attention to detail

Communication skills

Ability to work independently

Education

Bachelor's degree in accounting or related field

Tools

Excel

RealPage

Yardi

Job description

San Antonio, TX

The Franklin Companies is an industry leading firm that specializes in the development, and management of high-quality senior living — our Franklin Park® communities — and multi-family residential properties — the Artisan affordable apartment communities.

Based in San Antonio, Texas and family owned, Franklin is a name associated with high quality services, affordable and luxurious living arrangements for senior and non-senior residents.

We have a need for a Property Accountant/Sr. Property Accountant to join our team of professionals at our corporate office. This position will be located in our office in San Antonio.

General Description

This position supports multiple properties, including maintaining their financial statements and providing guidance to on‑site property management regarding property finances.

Primary Duties And Responsibilities

• Prepare and maintain financial statements for multiple residential properties
• Perform month end close activities, including bank reconciliations (reconcile then research and resolve any outstanding items), preparing and posting accruals, reclassifications, and other journal entries.
• Cash management including monitoring cash balances and approving payables for weekly check runs while maintaining sufficient funds to cover critical items
• Create and maintain amortization schedules for debt and prepaids
• Perform balance sheet account reconciliations and analysis
• Prepare and submit quarterly capital replacement draw requests to lenders
• Calculate cash flow and partnership distributions
• Participate in annual budgeting process
• Assist CPA in preparation of year‑end audits
• Perform other duties as assigned

Qualifications

• Four-year degree in accounting preferred; however, experience in lieu of degree is acceptable
• Experience in month‑end closings in a property management environment (4‑5 years preferred)
• Strong practical knowledge of generally accepted accounting principles
• Strong analytical and comprehension skills with ability to read and comprehend complex partnership and loan documents
• Strong balance sheet accounting knowledge.
• Exceptional computer skills, including strong working knowledge of Excel
• Ability to prioritize work assignments and work independentlyHigh degree of accuracy and confidentiality with all information
• Initiative, adaptability, and deadline driven
• Ability to communicate both verbally and via email with coworkers and outside contacts
• Team‑oriented and customer service focused

Prior experience with RealPage or Yardi accounting software is highly desirable.

FRANKLIN COMPANIES IS AN EOE.