Senior Property Accountant

Salary Range: 100000 to 125000 (Currency: USD) (Pay period: per-year-salary)

Responsibilities:

• Perform monthly and periodic cash reconciliations on all bank accounts, including operating, tenant security deposit, reserve fund, and escrow accounts
• Prepare and review monthly financial statements for residential, commercial, and condominium properties, including income statements, balance sheets, and variance analysis
• Review monthly receipts for residential and commercial tenants as well as condo owners' maintenance fees and special assessments, resolving any discrepancies with Property Controllers and on-site personnel
• Audit the billing process for tenants and condo unit owners to ensure accuracy in charges such as maintenance fees, utility allocations, and capital project contributions
• Collaborate with on-site leasing and condo management teams to facilitate delinquent accounts into collections, monitor collection agency progress, and write off uncollectible charges
• Assist the accounts payable department by ensuring proper classification of operating and common area expenditures and conducting audits for reclassification when necessary
• Reconcile and track reserve fund contributions, expenditures, and compliance with local and board-mandated policies
• Coordinate with the Director of Payroll on payroll allocations, including commission payments, general ledger coding, and reimbursement workflows for properties and condo associations
• Compile documentation for condo board reports, including annual budgets, audited financial statements, and tax filings
• Provide support for annual audits and tax return preparation for both operating entities and condominium corporations, including collaboration with external auditors
• Maintain accurate records and schedules for fixed assets and capital improvements in condo common areas
• Identify and resolve discrepancies in property-level reporting across all ownership types
• Undertake special projects, financial modeling, and ad hoc analysis requests from management, including those related to HOA governance, capital planning, and cost recovery models

Ideal Background

• Bachelor's degree in Accounting/Finance or equivalent experience required
• 3–5 years of experience in property management accounting, with direct experience in condominium association or HOA financial management
• Familiarity with condominium reserve fund planning, board financial reporting, and audit preparation for condo corporations
• Extensive experience with Yardi and strong understanding of CAM reconciliations
• Experience with financial software and large data sets
• Strong organizational skills and exceptional attention to detail
• Proficiency with Google Workspace and Microsoft Office (Excel, Word)