Property Accountant - Owned Assets

Greystar•Houston, TX
•$60,000 - $70,000•Remote

About The Position

This is a remote Property Accountant position, with preference for candidates local to Houston, Texas. The role applies generally accepted accounting principles (GAAP) to analyze financial information, reconcile financial statements, prepare general and standard journal entries, assist with budget development, and prepare standard accounting and financial reports for management. The Property Accountant compiles and analyzes financial information for financial statements and accounting reports, reviews and reconciles figures, researches discrepancies, and supports property accounting close activities. The position also handles bank reconciliations, wire transfers, mortgage payments, and distributions; monitors accounting controls and budgets; reviews financial resources and transactions related to property acquisitions, dispositions, and closings; and supports internal and external audits. The role works with property managers and other stakeholders to help complete accounting processes and reporting on time.

Requirements

  • Three years of relevant experience in an accounting or financial setting is preferred.
  • Experience demonstrating the application and use of generally accepted accounting principles (GAAP) is preferred.
  • Employment history demonstrating an accounting and financial background sufficient to analyze financial data and prepare reports using accounting, finance, budgeting, and cost-control principles.
  • Proficiency with internet, word processing, spreadsheet, and database management programs.
  • Strong analytical skills and familiarity with financial and property management systems.
  • Comprehensive understanding of accounting and finance best practices and relevant laws and regulations.
  • Proactive, self-directed, highly motivated, and able to manage time and multiple projects simultaneously.

Nice To Haves

  • Bachelor’s or master’s degree in Accounting, Finance, Business, or a related field from an accredited college or university.
  • Local to Houston, Texas.

Responsibilities

  • Compile and analyze financial information for financial statements and accounting reports, and prepare appropriate general ledger journal entries.
  • Check calculations, review the basis for figures, and balance and reconcile financial information.
  • Review budgets, revenue, expenses, payroll entries, invoices, and other accounting documents; research and resolve discrepancies.
  • Perform bank reconciliations and wire transfers for deposits, make mortgage payments and distributions, and ensure accuracy.
  • Maintain and coordinate accounting control procedures by analyzing revenue and expenditure trends and recommending appropriate budget levels.
  • Analyze and review accounting and financial resources for property acquisitions, dispositions, and closings, as well as budgets and expenditures for funding, contracts, grants, and other corporate transactions.
  • Liaise with internal and external auditors by explaining journal entries and financial transactions, providing requested research and information, and answering questions.
  • Communicate with on-site and other property managers to assist with pre-close and close activities, answer questions, provide support, and ensure timely accounting processes and reporting.
  • Prepare financial, accounting, administrative, and other reports and analyses, and perform other duties as assigned or necessary.

Benefits

  • Competitive medical, dental, vision, disability, and life insurance; low-cost or free basic employee-only medical coverage.
  • Paid time off, including 15 vacation days, 4 personal days, 10 sick days, and 11 paid holidays for new hires; birthday off after one year of service; additional vacation accrual with tenure.
  • Onsite housing discount for onsite team members at Greystar-managed communities, subject to discount and unit availability.
  • Six-week paid sabbatical after 10 years of service and every five years thereafter.
  • 401(k) with company match up to 6% of pay after six months of service.
  • Paid parental leave and lifetime fertility benefit reimbursement up to $10,000, including adoption or surrogacy.
  • Employee Assistance Program.
  • Critical illness, accident, hospital indemnity, pet insurance, and legal plans.
  • Charitable giving program and benefits.
  • Potential eligibility for a quarterly or annual bonus program based on individual and company performance.
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