Senior Property Accountant

Job Description

Job Description

Salary : ABOUT ANCORA

Ancora is a premier real estate investor, developer, and manager of creative office, life sciences / lab, and mixed-use assets headquartered in Washington, DC. Ancora is focused exclusively on knowledge markets anchored by leading universities, health systems, research institutions, and governments that are eager to collaborate and commercialize new ideas. Ancora harnesses the economic benefits of these anchor institutions engaged with their communities by building inspiring spaces and active places for the knowledge economy. Ancora is a rapidly growing organization dedicated to building a diverse and inclusive team, and we strive to foster belonging and empowerment at work. Ancora is a joint venture partnership with a global investment firm, Legal & General Capital, headquartered in London with over $1.3 trillion in assets under management.

POSITION SUMMARY

The Senior Property Accountant is a pivotal role within the Ancora financial operations team, providing critical support to property management and asset management functions. This position is responsible for overseeing a wide range of accounting activities, including financial reporting, accounts payable and receivable, bank reconciliations, and construction accounting. Working closely with outsourced property managers, vendors, and internal teams, the Senior Property Accountant ensures accurate financial management and compliance across our real estate portfolio. The role also plays an integral part in system migrations, including the transition from QuickBooks to Yardi, and contributes to financial audits by compiling and organizing necessary documentation.

The ideal candidate will bring experience in real estate accounting, strong technical skills in platforms like Yardi and Microsoft Excel, and a proactive, collaborative approach to problem-solving. With a keen attention to detail and excellent communication skills, this individual will drive efficiency, accuracy, and accountability in all aspects of property accounting.

DUTIES & RESPONSIBILITIES

• Assisting in the preparation of monthly, quarterly, and annual financial statements.
• Managing day-to-day accounts payable and receivable activities.
• Preparing monthly bank reconciliations and account reconciliation schedules as needed.
• Collaborating with outsourced property managers to review financials in partnership with the Ancora asset management team.
• Coordinating with point-of-sale providers and other vendors, as necessary.
• Preparing draw schedules and understanding of construction accounting.
• Compiling and organizing financial information for auditors as required.
• Supporting the conversion from QuickBooks to Yardi accounting software.

QUALIFICATIONS

POSITION BASED IN THE WASHINGTON, DC HEADQUARTERS OFFICE.

COMPENSATION

Compensation includes base salary, discretionary bonus, and incentives. The company provides a 401k match, employer-paid health insurance, and unlimited PTO. Ancora benchmarks compensation decisions using the CEL National Real Estate Compensation & Benefits Survey.

At Ancora, we are committed to building a team that is representative of many backgrounds, perspectives, ages and skills. We are proactively investing in hiring, inspiring and developing a diverse team. We are creating an organizational culture where everyone experiences a deep sense of belonging and inclusion, and we are building equitable practices and policies, both internally and externally. We recognize that diverse and inclusive teams make the strongest teams, and we encourage people from all backgrounds and protected classes to apply.

Ancora is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind : Ancora is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Ancora are based on business needs, job requirements and individual qualifications, without regard to race, color, age, religion or belief, family or parental status, gender identity, sexual orientation, or any other status protected by the laws or regulations in the locations where we operate. Ancora will not tolerate discrimination or harassment and will work proactively to promote diversity, equity, and inclusion throughout its business.