Multifamily Property Accountant Assistant

REEP MANAGEMENT LLCSan Antonio, TX
Onsite

About The Position

The Property Accountant Assistant is responsible for assisting with the financial reporting and accounting operations for a portfolio of multifamily communities and related ownership entities. This role ensures the accuracy and integrity of financial statements, supports month-end close processes, and verifies the data for financial insight to support operational and strategic decision-making. The Property Accountant Assistant works closely with the Assistant Controller to maintain compliance with company policies, accounting standards, and internal financial controls across multiple entities.

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field preferred
  • At least 1 year of assisting in full cycle accounting experience preferably, but will train a candidate with a strong understanding of general ledger analysis and financial reporting statements.
  • Strong understanding of financial reporting.
  • Strong understanding of GAAP and financial reporting practices
  • Strong proficiency in Microsoft Excel
  • High attention to detail and strong organizational skills
  • Ability to manage multiple priorities and deadlines

Nice To Haves

  • Experience with property management and accounting platforms such as ResMan, AvidXchange (Avid), Yardi, AppFolio, or similar systems preferred

Responsibilities

  • Prepare the data needed to review monthly financial statements for assigned multifamily properties and ownership entities
  • Assist with analyzing income statements, balance sheets, and supporting schedules
  • Assist with performing variance analysis and provide explanations for fluctuations in revenue and expenses
  • Record and post journal entries including accruals, adjustments, and reclassifications
  • Perform bank and balance sheet reconciliations
  • Reconcile subledgers to the general ledger
  • Assist with timely completion of month-end close for multiple entities and properties
  • Maintain supporting schedules and documentation for all financial transactions
  • Assist with maintaining accurate accounting records across multiple ownership entities and property portfolios
  • Allocate expenses and shared costs appropriately across properties and entities
  • Assist with intercompany transactions and reconciliations
  • Assist with proper entity-level financial reporting and documentation
  • Assist with maintaining strong internal controls over financial reporting and expense approvals
  • Support external audits, lender reporting, and ownership reporting requirements
  • Maintain documentation for financial records and transactions
  • Work closely with property management teams to ensure accurate financial reporting
  • Assist with providing guidance on expense coding, financial processes, and budget adherence
  • Support leadership with ad hoc financial analysis and reporting requests
  • Participate in accounting system enhancements and workflow improvements
  • Assist in implementing best practices across accounting and reporting functions

Benefits

  • Salary
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