Property Accountant - Owned Assets

Greystar•Tennessee Ridge, TN
•$60,000 - $70,000•Remote

About The Position

The Property Accountant applies generally accepted accounting principles (GAAP) to analyze financial information, reconcile financial statements, prepare general and standard journal entries, assist in budget development, and prepare accounting and financial reports for management. The role supports accounting activities for owned assets, including reconciliations, financial reviews, audits, and property close processes. Team members may work in an office or remote work environment. The position may be performed remotely anywhere within the United States except Alaska. Rare or occasional travel may be required for business meetings, training, or other work-related needs. Job demands may require long periods of sitting.

Requirements

  • Bachelor’s or master’s degree in Accounting, Finance, Business, or a related field from an accredited college or university.
  • At least 3 years of relevant experience in accounting or a financial setting, including demonstrated application and use of GAAP.
  • Employment history demonstrating accounting and financial experience sufficient to analyze financial data and prepare reports in accordance with accounting, finance, budgeting, and cost-control principles.
  • Proactive, self-directed, and highly motivated, with time-management skills to manage multiple projects simultaneously.
  • Proficiency with internet, word-processing, spreadsheet, and database-management programs.
  • Strong analytical skills and familiarity with financial and property-management systems such as Yardi and One Site.
  • Comprehensive understanding of accounting and finance best practices and relevant laws and regulations.

Responsibilities

  • Compile and analyze financial information for financial statements and accounting reports; prepare appropriate general ledger journal entries by checking calculations, reviewing figures, and reconciling balances.
  • Review budgets, revenue, expenses, payroll entries, invoices, and other accounting documents, and 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 budget levels to control expenditures.
  • Analyze and review accounting and financial resources for property acquisitions, dispositions, and closings, as well as budgets and expenditures for corporate financial and accounting transactions involving funding, contracts, and grants.
  • Liaise with internal and external auditors by explaining journal entries and financial transactions, providing requested research and information, and answering questions to support timely audits.
  • Communicate with on-site and other property managers to assist with pre-close and close activities, answer questions, provide support, and help ensure accounting processes and reporting are completed on time.
  • Complete 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 or free basic medical costs for employee-only coverage.
  • Paid time off, including 15 vacation days, 4 personal days, 10 sick days, and 11 paid holidays for new hires; an additional birthday day off after one year of service and increased vacation accrual with tenure.
  • Onsite housing discount at Greystar-managed communities for onsite team members, 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.
  • May be eligible for a quarterly or annual bonus program based on individual and company performance.
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