Senior Property Accountant
About The Position
SPM, LLC, a third-party property management company overseeing 170+ multifamily communities across 12 states, including a substantial Affordable Housing portfolio, is hiring a Senior Property Accountant with hands-on Affordable Housing accounting experience to own full-cycle property accounting for a portfolio of subsidized residential assets. Candidates without direct Affordable Housing accounting experience (Section 8, Tax Credit, HUD 202, or PRAC) will not be considered. This is not a fit for general corporate accounting, commercial real estate, single-family/homeowner association backgrounds, or conventional-only multifamily accounting without subsidized housing exposure. Strong fit requires hands-on fluency in both Entrata and Yardi, along with familiarity with HUD chart-of-accounts requirements and subsidy-layered reporting.
Requirements
- Affordable multifamily property accounting experience is mandatory
- 10+ years of property accounting experience, specifically within affordable multifamily property management, required
- Hands-on experience with Yardi
- Ability to handle both cash and accrual properties
- Bachelor's degree in Accounting, Finance, or related field required
- Advanced Excel skills and comfort managing multiple property closes on deadline
- Excellent communication skills and experience presenting financials to non-accounting stakeholders
Nice To Haves
- Hands-on fluency in Entrata
- Familiarity with HUD chart-of-accounts requirements and subsidy-layered reporting
Responsibilities
- Manage full-cycle accounting for an assigned multifamily property portfolio, including journal entries, accruals, and general ledger maintenance
- Prepare monthly, quarterly, and annual financial statements and owner reporting packages
- Complete balance sheet reconciliations and monthly bank reconciliations
- Analyze budget-to-actual variances and partner with property managers on trends and NOI
- Serve as the accounting liaison to auditors, property managers, and Regional/VP leadership during close and audit cycles
- Monitor cash positions, funding requests, and critical payment timing across assigned properties
- Ensure financials are in accordance with GAAP for year-end audits and tax returns
- Assist with cash-to-accrual reporting when required
- Assist with system-level accounting setup for new property onboarding and PMS transitions
Benefits
- Medical, Dental & Vision Insurance
- Voluntary Life & Disability Insurance
- Paid holidays, personal, vacation, and sick time
- 401(k) with employer match
- Immediate access to earned wages
- Employee Assistance Program and wellness resources
- Collaborative, supportive team culture
- Meaningful work supporting communities where residents feel at home
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What This Job Offers
Job Type
Full-time
Career Level
Senior
