Senior Multifamily Property Accountant

Foresight Asset Management LLC; San Antonio (TX); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance.

401(k)

Paid time off and holidays

Job summary

Foresight Asset Management, LLC in San Antonio, TX, is seeking a detail-oriented Property Accountant to oversee financial operations for a portfolio of properties. You will ensure timely reporting, manage cash flow, process accounts payable, and support utility and operational accounting.

The ideal candidate has 2–4 years of accounting experience in real estate, proficiency with RealPage, strong Excel skills, and solid knowledge of GAAP.

Qualifications

• 2–4 years of accounting experience, preferably in property management or real estate.
• Strong Excel skills and attention to detail.
• Working knowledge of GAAP and general accounting principles.
• Experience with property management software like RealPage is preferred.

Responsibilities

• Prepare monthly financial statements and supporting schedules.
• Review GL activity for accuracy and proper classification.
• Reconcile bank and reserve accounts monthly.
• Analyze financial results, identify variances, and report to management.
• Support cash management and AP processes and vendor payments.

Job description

We are seeking a detail-oriented Property Accountant to join our accounting team and oversee the financial operations for a designated portfolio of properties. The Property Accountant will be responsible for ensuring accurate and timely financial reporting, managing cash flow, processing accounts payable, and supporting utility and operational accounting needs. The ideal candidate will have a strong understanding of property management accounting, exceptional analytical skills, and a commitment to accuracy and collaboration.

What You'll Do

Portfolio Accounting & Financial Reporting

• Prepare monthly financial statements, including balance sheets, income statements, and supporting schedules.
• Review general ledger activity for accuracy, completeness, and proper classification.
• Reconcile bank accounts, security deposits, balance sheet accounts, and reserve accounts on a monthly basis.
• Analyze financial results, identify variances, and communicate findings to management.
• Ensure compliance with ownership, lender, and regulatory reporting requirements.

Cash Management

• Monitor daily cash balances and forecast short-term cash needs for each property.
• Prepare funding requests, intercompany transfers, and capital contribution entries as needed.
• Track deposits and disbursements to maintain accurate cash flow records.
• Coordinate with operations and ownership groups on cash availability and funding priorities.

Accounts Payable & Vendor Management

• Process, code, and approve invoices within RealPage or other property management accounting systems.
• Ensure timely and accurate vendor payments while maintaining adherence to internal controls.
• Maintain organized AP records and assist with vendor setup and compliance documentation.

Utility & Operational Support

• Oversee utility setup, tracking, and account management for new acquisitions and dispositions.
• Collaborate with Property Managers and Regional Managers to ensure accurate recording of revenue, expenses, and accruals.
• Assist with property onboarding/offboarding, including initial setup of accounts and financial tracking.
• Support year-end audit preparation and provide documentation to auditors and ownership as requested.

What We're Looking For

• Bachelor's degree in Accounting, Finance, or a related field strongly preferred.
• 2–4 years of accounting experience, ideally within property management or real estate.
• Proficiency in property management accounting software such as RealPage (preferred).
• Strong Excel and analytical skills with high attention to detail.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.
• Working knowledge of GAAP and general accounting principles.

Key Attributes

• Detail-oriented and highly organized.
• Strong written and verbal communication skills.
• Proactive, adaptable, and collaborative.
• Demonstrated ability to maintain confidentiality and professionalism.

Work Schedule

• Full-time, exempt position.
• Consistent and reliable attendance is essential.
• Occasional evenings or weekends may be required based on reporting deadlines or audits.

Benefits

• Medical, dental, and vision insurance.
• 401(k).
• Paid time off and holiday pay.

About Us

Foresight Asset Management, LLC is a leading property management firm dedicated to maximizing the value and performance of real estate assets for our clients. With a focus on innovation, transparency, and operational excellence, we deliver forward-thinking strategies that enhance asset performance and resident satisfaction. Our success is built on collaboration, accountability, and a shared commitment to delivering lasting value for our partners and communities.

All employment offers are contingent upon the successful completion of a background check and drug test.