Property Accountant II

About the role

The Property Accountant II enjoys an assigned mentor, a defined career path, access to established training resources, and a hybrid work schedule, all within a company that recognizes property accounting's contribution to its ongoing success. The Property Accountant 2 will gain valuable experience with full cycle G/L accounting.

He or she will ensure that the financial statements for their portfolio are completed timely and accurately. This includes a detailed review of monthly financial statements and general ledger along with reviewing daily transactions to ensure accuracy and compliance with internal and external policies. Additionally, Property Accountants assist the Property Management team with the completion of Annual Budgets and Reconciliations.

Primary Responsibilities

• Provide internal and external reporting of a portfolio/property's financial results. Prepare the monthly financial statement packages for clients. This work includes creating and posting journal entries recorded to the general ledger, fixed asset depreciation, and amortization schedules, in-depth review of the general ledger and income statement, bank statement reconciliations, in-depth property manager variance comment review, and balance sheet reconciliations. Ensure internal and external reporting deadlines are met.
• Interact frequently via verbal and written communication with the property management team and the Property Manager(s) regarding accounting and financial information.
• Interact with Clients as needed on basic or intermediate issues. Include supervisor or manager on complex or advanced issues.
• Support the property budgeting process and expense reconciliation preparation through the review of data.
• Prepare recurring and ad hoc reports and analyses as required.
• Prepare and submit Sales & Use Tax returns, as applicable.
• Manage and review the cash accounts of each project/property; Ensure critical timely payment of utilities, taxes, mortgages, and owner distributions.
• Review and post cash receipts as needed.
• Review payables. Process vendor invoices for payment as needed.
• Ensure compliance with SOC I requirements.
• Provide excellent external and internal customer service.
• Other projects and duties as assigned.

Qualifications & Requirements

• 2-4 years of related accounting/reporting experience.
• Analytical and accounting skills commensurate with experience level.
• Solid understanding of accounting principles.
• Excellent communication skills, both verbal and written. Ability to listen and ask questions for clarification.
• Ability to interact with Clients and team members.
• Self-motivation, ability to multi-task, and thrive in a deadline-oriented environment.
• Ability to take initiative in solving routine/intermediate problems and present possible solutions to supervisor.
• Intermediate competence in Microsoft Excel and Outlook.
• Knowledge of various accounting software; Yardi and/or MRI experience is a plus.
• Full-cycle G/L accounting and real estate industry experience are a plus.

Additional Information: #LI-Remote

Stream Realty Partners offers competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan with company matching, PTO, and holiday pay. Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons.