Property Accountant

Franklin Companies•San Antonio, TX

1d•Hybrid

About The Position

The Franklin Companies is an industry leading firm that specializes in the development, and management of high-quality senior living — our Franklin Park® communities — and multi-family residential properties — the Artisan affordable apartment communities. Based in San Antonio Texas and family owned, Franklin is a name associated with high quality services, affordable and luxurious living arrangements for senior and non-senior residents. We have a need for a Property Accountant/Sr. Property Accountant to join our team of professionals at our corporate office. This position will be in office five days a week for the first 120 days. Afterwards, remote work may be available. General Description: This position supports multiple properties, including maintaining their financial statements and providing guidance to on-site property management regarding property finances.

Requirements

Four-year degree in accounting
Experience in month-end closings in a property management environment (4 - 5 years preferred)
Strong practical knowledge of generally accepted accounting principles
Strong analytical and comprehension skills with ability to read and comprehend complex partnership and loan documents
Strong balance sheet accounting knowledge.
Exceptional computer skills, including strong working knowledge of Excel
Ability to prioritize work assignments and work independently
High degree of accuracy and confidentiality with all information
Initiative, adaptability, and deadline driven
Ability to communicate both verbally and via email with coworkers and outside contacts
Team-oriented and customer service focused

Nice To Haves

Prior experience with RealPage or Yardi accounting software is highly desirable

Responsibilities

Prepare and maintain financial statements for multiple residential properties
Perform month end close activities, including bank reconciliations (reconcile then research and resolve any outstanding items), preparing and posting accruals, reclassifications, and other journal entries.
Cash management including monitoring cash balances and approving payables for weekly check runs while maintaining sufficient funds to cover critical items
Create and maintain amortization schedules for debt and prepaids
Perform balance sheet account reconciliations and analysis
Prepare and submit quarterly capital replacement draw requests to lenders
Calculate cash flow and partnership distributions
Participate in annual budgeting process
Assist CPA in preparation of year-end audits
Perform other duties as assigned