Property Accountant

Cottonwood Residential

23h • Remote

About The Position

The Property Accountant plays a critical role in ensuring the financial integrity of a portfolio of Company-owned and managed multifamily residential properties. This position applies GAAP principles to prepare, analyze, and reconcile financial information; supports budgeting and reporting processes; and partners with Operations to ensure accurate and timely financial performance reporting.

Requirements

• Ability to read, understand, and analyze financial statements.
• Comprehensive understanding of accounting and finance (GAAP) best practices as well as relevant laws and regulations.
• Proficiency in MS Office Suite. Intermediate Excel skills are required.
• Ability to work under tight deadlines.
• Ability to work remotely as a self-starter under minimal supervision.
• Minimum 5 years of experience in real estate, multifamily, or commercial property accounting.
• Full knowledge of GAAP.
• Experience with property management/accounting systems. Entrata is preferred.
• Experience handling sensitive and confidential information.

Responsibilities

• Prepare and provide financial statements, bank reconciliations, and other accounting reports that have significant influence on the financial results of the Company.
• Review budgets, revenue, expenses, invoices, and other accounting documents. Research and resolve discrepancies as necessary.
• Complete month-end close processes within established timelines.
• Process and post mortgage payments.
• Monthly reconciliation of General Ledger (GL) accounts.
• Post monthly accruals and reclassifications.
• Process and post monthly investor distributions.
• Process resident refunds.
• Process vendor payments.
• Submit capital expense reimbursement requests to lenders.
• Prepare and submit annual budgets and quarterly financial reporting packages to lenders.
• Assist Community Managers and Regional Managers with any accounting-related items.
• Assist with other duties as assigned.

Benefits

• Full health, vision, dental, life, and disability benefits available within 1-30 days
• Generous Paid Time Off (PTO) program
• 401(k) with Company match
• 11 paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level