Property Accountant

Itex Property ManagementPort Arthur, TX
414d

About The Position

The Property Accountant at ITEX Property Management LLC is responsible for managing fiscal functions in accordance with GAAP, ensuring accurate financial reporting and compliance during audits. This role involves close collaboration with the Controller and requires a strong understanding of accounting principles, particularly in the real estate sector.

Requirements

  • Bachelor's degree in accounting, business, finance, or a related field, or 8 years equivalent experience.
  • Accounting experience in the real estate and/or property management industry preferred.
  • Demonstrated proficiency in Yardi Voyager and advanced ability with Microsoft Excel.
  • Experience with Project Based Section 8, HUD Tax Credit, and affordable housing preferred.

Responsibilities

  • Prepare and distribute monthly financial reports, including posting journal entries and analyzing expenses.
  • Perform cash management functions, including bank account reconciliations and mortgage payments.
  • Review budget, revenue, expense, payroll entries, invoices, and other accounting documents, resolving discrepancies as necessary.
  • Prepare information for various audits and act as a liaison to internal and external auditors.
  • Communicate with property managers and on-site staff to assist in completing end-of-month close out and ensure timely completion of accounting processes.
  • Complete various financial, accounting, and administrative duties, and prepare other reports and analyses as assigned.
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