Property Accountant

CWS Apartment Homes • Austin, TX

7d • Onsite

About The Position

CWS Capital Partners is a fully integrated real estate investment company that specializes in the acquisition, development, reposition and management of luxury apartments. While we have a considerable presence in Texas, we also service other markets in North Carolina, Georgia, Arizona, Colorado, Washington, Tennessee, and California. CWS Apartment Homes is the property management arm of CWS Capital Partners. Our accounting team is located primarily in Austin, Texas and consists of a team of 20+ dedicated individuals who work hard but still know how to have fun. We maintain the books and records for approximately 30,000 apartment units held in 1,200 partnerships and other entities. It’s a big job that we take a great deal of pride in executing. Currently, we have an opportunity for a Property Accountant who will be responsible for designated tasks for a portfolio of apartment properties. The position will be trained and supported by one or more members of the accounting team.

Requirements

• An understanding of the flow of financial statements, both balance sheet and income statement.
• An understanding of accrual accounting (versus cash basis accounting).
• An understanding of Retained Earnings /Equity Accounts.
• An understanding of the flow and workings of the Statement of Cash Flows.
• An understanding of the concepts and practices of depreciation and amortization.
• Strong attention to detail.

Nice To Haves

• Working knowledge of Yardi Software is a plus.

Responsibilities

• Capex Reimb Draws
• Insurance claim reimbursement draws
• Property tax and insurance accruals
• Deferred revenues
• Prepaid journal entries and reversing JE’s
• Reclass A/P payables
• Research/Follow-up on Open Oper Cash Items
• Reconciliation of Operating Cash
• Compliance with Lender Reporting

Benefits

• 50% apartment rental discount for onsite team members
• 20% rental discount for all other employees
• Multiple medical, dental, and vision plan options
• Company-paid life and disability insurance
• Paid parental leave
• 401(k) with company match
• Pet insurance
• Tuition reimbursement
• Flexible spending and health savings account options
• Fitness Bucks program
• Paid time off
• Company holidays
• A floating holiday
• A birthday holiday

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed