Resident Acccountant

Shelter Corporation•Minnetonka, MN

About The Position

The Resident Accountant is responsible for supporting the financial operations of the property management portfolio by reviewing resident ledgers, monitoring accounts receivable, processing payments, and ensuring accurate financial reporting. This position works closely with Property Managers and Regional Managers to maintain accurate resident accounts and support timely collections and eviction processes.

Requirements

3-5+ years in property management accounting, accounts receivable, or affordable housing required
Strong understanding of resident ledgers, rent collections, and delinquency processes
Experience with property management software required
Strong attention to detail and organizational skills
Ability to manage multiple properties and deadlines efficiently
Proficient in Microsoft office including word, excel, outlook ect.
Understanding of financial reporting literacy and invoice processing and reconciliation
Strong communication and problem-solving skills
High School Diploma or equivalent required

Responsibilities

Review and correct resident ledgers to ensure accuracy and proper account balances
Monitor and assess late fees in accordance with company policies
Process resident payments and apply charges accurately
Process assistance (HAP, CAR, etc.) payments and apply charges accurately
Review and correct lease charges as needed
Work alongside Property Managers to ensure timely eviction filings and required notices are completed
Monitor delinquency and collections activity across assigned properties
Review Accounts Receivable (AR) reports and provide detailed notes and updates to Regional Managers, weekly follow up on any outstanding accounts.
Complete month-end reporting and reconciliation processes
Review Gross Potential Rent (GPR) reports for accuracy and reporting consistency
Identify discrepancies within resident accounts and resolve issues promptly
Maintain accurate financial documentation and resident account records
Communicate with onsite teams regarding ledger corrections, payment issues, and outstanding balances
Assist Property Managers with establishing payment plans and monitoring payment plan compliance, when applicable
Support compliance with company policies, lease requirements, and accounting procedures
Coordinate with property management, Corporate Accounting Team and ownership accounting partners as needed in processing and reviewing payscan invoicing
Complete deposit accounting timely and accurately per state law.
Coordinate with Property Managers for financial audits