Property Management Accountant

Ledgent; Houston (TX); Hybrid; USD 70,000 - 75,000; Full time

Job summary

Ledgent is helping a Houston-based residential real estate, construction, and property management company locate a Staff/Property Management Accountant for its Property Management Accounting group. This direct hire role offers a hybrid schedule—50% in-office and 50% remote after a 90-day period.

Responsibilities include applying GAAP to prepare monthly financial statements for multifamily properties, overseeing one remote analyst, posting journal entries, and producing investor reporting

Qualifications

• Bachelor's degree in Accounting is required.
• 2+ years of corporate/GL accounting experience with strong GAAP/GL accounting experience.
• Property management or real estate industry experience is highly desired.
• Strong Excel and ERP accounting software experience.

Responsibilities

• Apply GAAP to analyze, reconcile and prepare monthly financial statements for multifamily properties.
• Provide oversight to one remote support analyst handling daily accounting tasks.
• Analyze financial reporting and post journal entries to the general ledger; review recurring entries.
• Maintain balance sheet schedules and provide insights from calculations.
• Review income/expense accounts for proper GAAP treatment and coding.
• Complete capitalization and depreciation schedules and review bank reconciliations.
• Monitor payments for property tax, insurance, mortgage, distributions and other payments.
• Produce monthly reporting packages for investors and lenders and respond to inquiries.
• Provide audit team with requested documentation.

Skills

GAAP/GL accounting

Excel

ERP software

Property management experience

Education

Bachelor's degree in Accounting

Tools

ERP accounting software

Job description

Our client, a residential real estate, construction, and property management company in the Houston Galleria area, is looking for a Staff/Property Management Accountant in their Property Management Accounting group. This is a direct hire position.

This position pays $70-75K with a yearly bonus.

Also, this position is hybrid and is 50% in the office and 50% work from home after working for 90 days!

Job duties will include:

• Apply generally accepted accounting principles (GAAP) to analyze, reconcile and prepare monthly financial statements for multifamily properties.
• Provide oversight to one remote support analyst that processes daily accounting tasks.
• Analyze financial reporting and information to prepare and post appropriate journal entries into the general ledger. Review and approve recurring journal entries posted by analyst.
• Maintain, reconcile, and understand balance sheet supporting schedules. Be able to provide support and insight on the basis of calculations and reasoning.
• Review income and expense accounts for coding accuracy and proper GAAP treatment.
• Complete capitalization and depreciation schedules.
• Review bank account reconciliations and cash journals maintained by support analyst.
• Monitor and meet payment deadlines for property tax, insurance, mortgage, distributions, and other significant payments.
• Produce monthly reporting packages and financial schedules for multiple investors and lenders.
• Communicate with and respond to investor inquiries in a timely and professional manner.
• Provide annual audit team with support and documentation based on their selections.

Qualifications:

• Bachelor's degree in Accounting (must have an ACCOUNTING degree) required
• 2+ years of experience in corporate/GL accounting with strong GAAP/GL accounting experience
• Property management or real estate industry highly desired
• Strong Excel and ERP accounting software experience

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status.

We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, Los Angeles County Fair Chance Ordinance, and San Francisco Fair Chance Ordinance.