Senior Property Accountant

ML Property Group LLC•Atlanta, GA

About The Position

The Senior Property Accountant is a senior-level Property Accountant responsible for managing the books and accounting activities for ML Property Group. This position is responsible for accurate and timely property and corporate accounting, while providing day-to-day guidance and support to other Property Accountants and Accounts Payable personnel. The Senior Property Accountant reports to the VP of Accounting, who oversees the overall accounting department.

Requirements

  • Minimum of 3 years of progressive accounting experience with significant multifamily/property accounting experience.
  • Strong understanding of multifamily property accounting and financial statements.
  • Extensive knowledge of accounting procedures, journal entries, accruals, reconciliations, and month-end close.
  • Experience with company payroll accounting and payroll-related reconciliations.
  • Strong attention to detail and ability to research and resolve accounting discrepancies.
  • Strong organizational, analytical, and problem-solving skills.
  • Ability to manage multiple properties, deadlines, and priorities independently.
  • Strong verbal and written communication skills.
  • Ability to provide direction, training, and support to less-tenured accounting team members.
  • Proficiency with Microsoft Excel and accounting systems

Nice To Haves

  • Bachelor's degree in Accounting, Finance, or related field preferred.
  • Experience recording and reconciling 401 (k) activity preferred.
  • OneSite experience a plus.

Responsibilities

  • Manage the day-to-day accounting and books for ML Property Group.
  • Serve as a senior accounting resource for Property Accountants, Accounts Payable, and property operations.
  • Prepare and review monthly financial statements and supporting schedules for assigned properties.
  • Prepare and post monthly journal entries, accruals, reclasses, and adjusting entries.
  • Prepare and review weekly cash balance summaries and AP reports.
  • Post and reconcile property debt service payments and payroll-related accounting entries.
  • Review bank reconciliations, petty cash reconciliations, and other account reconciliations and research outstanding items.
  • Reconcile loan activity and ensure debt-related transactions are accurately recorded.
  • Handle and/or review company payroll accounting, including payroll entries, allocations, and related reconciliations.
  • Record and reconcile 401 (k) contributions, employer matches, and related employee benefit activity.
  • Assist with year-end close, tax audits, financial audits, and preparation of adjusting entries.
  • Assist Directors of Operations, Property Managers, and other associates with accounting questions, income and expense reclasses, and other property accounting needs.
  • Review accounting work as needed and provide guidance to Property Accountants and Accounts Payable personnel.
  • Help ensure accounting procedures, deadlines, and internal controls are consistently followed.
  • Identify discrepancies and accounting issues and work with the appropriate team members to resolve them.
  • Support the VP of Accounting with accounting projects and other responsibilities as needed.
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