Sr. Property Accountant

KBW Financial Staffing & Recruiting

Concord (NH)

On-site

USD 65,000 - 75,000

Full time

2 days ago
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Job summary

KBW Financial Staffing & Recruiting seeks a Senior Property Accountant to manage the financial accounting for a portfolio of properties in Concord, NH. You will prepare and analyze financial statements and maintain accurate records, partnering with Property Managers and the accounting team.

Key duties include journal entries, monthly statements, budget-to-actual analysis, bank reconciliations, depreciation, year-end audits, budgeting, and reporting to lenders and investors.

Qualifications

  • Bachelor's degree in accounting or related field required.
  • 3+ years of accounting experience.
  • Property management or real estate accounting experience preferred.
  • Advanced proficiency in Microsoft Excel.

Responsibilities

  • Prepare journal entries and monthly financial statements.
  • Complete monthly financial reporting.
  • Analyze and explain monthly budget-to-actual variances.
  • Review A/P, A/R, prepaid schedules, and cost center transactions for accuracy.
  • Complete and verify bank reconciliations for all cash accounts.
  • Partner with Property Managers to review property financial performance.
  • Manage security deposit accounting; ensure regulatory compliance.
  • Maintain fixed asset schedules and record depreciation.
  • Assist with year-end audits, tax preparation, and auditor requests.
  • Support annual budgeting and forecasting activities.
  • Prepare financial reporting for lenders, investors, and regulators.
  • Support accounting system improvements and process efficiencies.
  • Attend occasional Board Meetings and assist with budget-versus-actual reporting.

Skills

Accounting experience
Property management accounting
Attention to detail
Confidentiality

Education

Bachelor's degree in Accounting

Tools

Microsoft Excel

Job description

A well-established property management organization is seeking a Senior Property Accountant to manage the financial accounting for a portfolio of properties. This role is responsible for maintaining accurate financial records, preparing and analyzing financial statements, and partnering closely with Property Managers and the accounting team.

Key Responsibilities
  • Prepare journal entries and monthly financial statements.
  • Complete monthly financial reporting.
  • Analyze and explain monthly budget-to-actual variances.
  • Review A/P, A/R, prepaid schedules, and cost center transactions for accuracy and proper coding.
  • Complete and verify bank reconciliations for all cash accounts.
  • Partner with Property Managers to review property financial performance.
  • Manage security deposit accounting in accordance with applicable regulations.
  • Maintain fixed asset schedules and record depreciation.
  • Assist with year-end audits, tax preparation, and auditor requests.
  • Support annual budgeting and forecasting activities.
  • Prepare financial reporting for lenders, investors, and regulatory agencies.
  • Support accounting system improvements and process efficiencies.
  • Attend occasional Board Meetings and assist with annual budget-versus-actual reporting.
Qualifications
  • Bachelor’s degree in Accounting or related field.
  • 3+ years of related accounting experience.
  • Property management or real estate accounting experience preferred.
  • Advanced proficiency in Microsoft Excel.
  • High level of professionalism, confidentiality, and attention to detail.
Compensation

$65,000-75,000 plus benefits

KBW789

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