Senior Portfolio Accountant

Morgan Group•Houston, TX

12h•Onsite

About The Position

The Senior Portfolio Accountant role at The Morgan Group involves managing accounting functions for a portfolio of multifamily properties. This position requires building relationships with property management teams, communicating accounting policies, and processing various financial transactions. The role emphasizes leveraging technology, including AI-enabled solutions, to streamline processes and improve data accuracy. Key responsibilities include monthly reviews of property revenues and expenses, preparing financial reports, performing bank reconciliations, and ensuring adherence to accounting deadlines. The position also supports audits and process improvement initiatives within the accounting department.

Requirements

Bachelor’s degree in Accounting required
1–3 years of real estate accounting experience preferred
Strong proficiency in Microsoft Excel required
Solid understanding of Generally Accepted Accounting Principles (GAAP)
Strong analytical, organizational, and communication skills
Ability to build effective working relationships across teams
Ability to work independently with minimal supervision while managing multiple priorities
Demonstrated curiosity and openness to leveraging technology, including AI tools, to improve workflows and efficiency

Nice To Haves

Experience with property management/accounting systems such as OneSite, Entrata, MRI, or Yardi preferred
Experience using automation, data analytics, or AI-assisted tools in accounting or finance workflows
Continuous improvement mindset with a focus on process efficiency and innovation

Responsibilities

Build and maintain strong, collaborative relationships with property management teams.
Communicate accounting policies, including accrual methodologies, to property managers and regional property managers.
Record unposted cash transactions (e.g., distributions, mortgage payments, and other activity).
Leverage available tools, including AI-enabled solutions, to streamline transaction processing and improve data accuracy.
Perform detailed monthly reviews of property revenues and expenses; identify, investigate, and correct discrepancies.
Analyze trends, budgets, and invoices to validate accruals and expense classifications.
Prepare and communicate adjusting entries to the Regional Controller and property management teams.
Compile and post routine general ledger entries, including importing accounts receivable data and recording standard accruals (e.g., taxes and insurance).
Prepare income and expense accruals for monthly financials and submit preliminary reports within established deadlines.
Perform monthly bank reconciliations for assigned portfolio.
Maintain and update accounting schedules, including balance sheet reconciliations and fixed asset schedules.
Prepare and maintain owner-specific reporting and reconciliations as required.
Ensure strict adherence to all deadlines within the accounting calendar.
Assist with audits by providing supporting documentation, analysis, and explanations for financial activity.
Utilize data analytics and AI tools, where appropriate, to identify anomalies, improve reporting efficiency, and enhance financial insights.
Support process improvements and automation initiatives within the accounting function.
Perform other duties as assigned by the Regional Controller, National Controller, or Chief Accounting Officer.

Benefits

Advancement opportunities
Training
Low-cost Medical, Dental, Vision
Flexible Spending Accounts (Medical, Limited Purpose)
Health Savings Account
Voluntary Life Insurance
Long-Term Disability Insurance
Company Paid Life Insurance
Company Paid Short-Term Disability Insurance
401K (Traditional & Roth) with Company Match
Employee Assistance Program
Paid Time Off plans including: Vacation, Sick, Floating Holiday, Bereavement Leave
Holiday Schedule
Referral Bonus Program
Annual Bonus Program