Senior Property Accountant

ProPivotal; Boston (MA); On-site; USD 85,000 - 100,000; Full time

Job summary

A leading property management firm in Boston seeks a Senior Property Accountant to oversee financial reporting, budgeting, and compliance for affordable housing properties. The role involves partnerships with internal teams to maintain the financial health of the portfolio, ensuring accurate financial statements and compliance with regulations.

Qualifications

• 5+ years of accounting experience in real estate or property management.
• Strong background in financial statement preparation.
• Experience in managing HUD and tax credit property compliance.

Responsibilities

• Oversee financial reporting and compliance for senior housing properties.
• Develop and manage annual property budgets.
• Ensure accuracy in accounting transactions and implement process improvements.

Skills

Financial statement preparation

Variance analysis

Financial analysis

Process management

Organizational abilities

Proficient in NetSuite

Attention to detail

Tools

NetSuite

Job description

Senior Property Accountant

Job Summary:

A leading property management firm is seeking a Senior Property Accountant to oversee financial reporting, budgeting, and compliance for a portfolio of tax credit and affordable/HUD senior housing properties. This role, which offers a competitive salary of up to $100,000 per year, ensures the accuracy of financial statements, manages month-end and year-end closing processes, and partners with internal teams to maintain strong financial health across multiple properties.

Key Responsibilities:

Financial Reporting & Compliance

• Prepare and oversee monthly financial statements for property entities
• Ensure compliance with HUD regulations, tax credit requirements, and lender reporting
• Perform monthly, quarterly, and annual variance analyses and reconciliations

Budgeting & Audits

• Develop annual property budgets in collaboration with site personnel
• Conduct financial analysis of operating costs, including utilities, taxes, and insurance
• Prepare audit schedules and support external auditors for annual property audits

Process Management & Improvements

• Ensure accuracy in accounting transactions, bank reconciliations, and inter-company entries
• Identify and implement process improvements to enhance efficiency in financial reporting

Cross-Department Collaboration

• Work closely with the CFO, Controller, and Accounting Managers to drive financial strategy
• Partner with Property Management and Asset Management teams on budget planning and compliance reporting

Required Experience:

• 5+ years of accounting experience in real estate, affordable housing, or property management
• Strong track record of financial statement preparation and variance analysis
• Experience managing compliance and reporting for HUD and tax credit properties

Nice-to-Have Experience:

• Previous work with nonprofit organizations or mission-driven housing communities
• Experience supporting external audits and working with investors

Required Skills:

• Proficiency in NetSuite software (or similar property management accounting systems)
• Advanced financial analysis & reconciliation skills with exceptional attention to detail
• Strong process management & organizational abilities for workflow structuring and task prioritization

Preferred Skills:

• NetSuite systems
• Strong problem-solving and communication skills for cross-functional collaboration
• Real estate property accounting experience

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