Senior Property Accountant

Atlas Search

New York (NY)

Hybrid

USD 85,000 - 110,000

Full time

2 days ago
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Job summary

Atlas Search in New York, NY is seeking a Senior Multifamily Property Accountant to support full-cycle accounting and financial reporting for a portfolio of residential properties. This role reports to the Multifamily Accounting Manager and emphasizes month-end close, reconciliations, budgeting, and lender reporting.

The ideal candidate has a Bachelor’s degree in Accounting or Finance and 2+ years of property accounting experience, preferably in multifamily.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • 2+ years of accounting experience.
  • Multifamily/residential property accounting experience preferred.
  • Experience with month-end close, financial reporting, reconciliations, and property-level accounting.
  • Experience with Yardi or another real estate accounting system preferred.

Responsibilities

  • Manage full-cycle accounting and month-end close for assigned multifamily properties.
  • Reconcile accounts receivable, accounts payable, bank accounts, and other sub-ledgers.
  • Prepare journal entries, accruals, reserves, and supporting schedules.
  • Prepare monthly property-level financial statements and reporting packages.
  • Perform balance sheet reconciliations and account roll-forwards.
  • Review property expenses and ensure proper accounting treatment and G/L coding.
  • Partner with property management teams on operating expenses, accruals, fixed assets, and other accounting matters.
  • Review expenditures to determine appropriate expense versus capitalization treatment.
  • Monitor property cash balances and funding requirements.
  • Record mortgage activity and reconcile related lender and escrow accounts.
  • Prepare lender reporting packages and assist with draw requests.
  • Support annual budgeting and budget-to-actual analysis.
  • Assist with quarterly and annual financial reporting requirements.
  • Provide documentation and support for property-level audits.
  • Assist with regulatory and governmental filings as required.
  • Participate in process improvements, special projects, and other ad hoc accounting initiatives.

Skills

Analytical
Organizational
Communication

Education

Bachelor’s degree in Accounting, Finance, or a related field

Tools

Yardi

Job description

Senior Multifamily Property Accountant | Hybrid NYC

Position Overview

The Senior Multifamily Property Accountant will support the accounting and financial reporting functions for a portfolio of residential properties. Reporting to the Multifamily Accounting Manager, this individual will be responsible for full-cycle property accounting, including month‑end close, financial reporting, reconciliations, budgeting, lender reporting, and audit support.

This is a strong opportunity for an experienced property accountant looking to take on greater ownership of a portfolio and work closely with property management and other internal teams.

Responsibilities
  • Manage full-cycle accounting and month‑end close for assigned multifamily properties.
  • Reconcile accounts receivable, accounts payable, bank accounts, and other sub‑ledgers.
  • Prepare journal entries, accruals, reserves, and supporting schedules.
  • Prepare monthly property‑level financial statements and reporting packages.
  • Perform balance sheet reconciliations and account roll‑forwards.
  • Review property expenses and ensure proper accounting treatment and G/L coding.
  • Partner with property management teams on operating expenses, accruals, fixed assets, and other accounting matters.
  • Review expenditures to determine appropriate expense versus capitalization treatment.
  • Monitor property cash balances and funding requirements.
  • Record mortgage activity and reconcile related lender and escrow accounts.
  • Prepare lender reporting packages and assist with draw requests.
  • Support annual budgeting and budget‑to‑actual analysis.
  • Assist with quarterly and annual financial reporting requirements.
  • Provide documentation and support for property‑level audits.
  • Assist with regulatory and governmental filings as required.
  • Participate in process improvements, special projects, and other ad hoc accounting initiatives.
Qualifications
  • Bachelor’s degree in Accounting, Finance, or a related field.
  • 2+ years of accounting experience.
  • Multifamily/residential property accounting experience strongly preferred.
  • Experience with month‑end close, financial reporting, reconciliations, and property‑level accounting.
  • Experience with Yardi or another real estate accounting system is preferred.
  • Strong analytical, organizational, and communication skills.
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