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Property Accountant

Fogelman Properties
Memphis, TN Full Time
POSTED ON 3/7/2025
AVAILABLE BEFORE 5/7/2025
Fogelman is a nationally recognized leader in the multi-family industry. We are proud to have received several outstanding awards - #1 Best Place to Work in Multifamily, Top 50 Multifamily Property Management Firms, & Top 50 fastest growing companies, to name a few. It’s our company culture that makes the difference - a fun, family atmosphere with exceptional pay and recognition of our associates through appreciation events and individual awards. You will love working at Fogelman!

Under minimal supervision, applies cash, accrual and full GAAP accounting principles to prepare, analyze, maintain and deliver complete, accurate and timely monthly financial reports for a portfolio of multi-family properties. Works closely with property manager to complete monthly reporting package sent to the clients.
Duties and Responsibilities
Prepares monthly financial reporting packages on a schedule to ensure timely delivery to client and other management teams that include review of revenue transactions, creating and posting journal entries recorded to the general ledger, fixed asset depreciation and amortization roll-forward, in depth review of general ledger and income statement, and balance sheet reconciliations.
Ensures that all expenses, receipts, owner's distributions, funding requests and other transactions for the accounting period have been accurately posted.
Compiles quarterly schedules as requested by SVP.
Calculates management fees.
Calculates and prepares distributions for clients.
Submits quarterly reports and reserve draws to Lenders.
Researches, resolves and responds to requests from management teams and clients regarding various accounting issues and reports.
Participates in recording of property purchase and sale transitions, and client audit requests.
Performs other duties/projects as assigned.
Qualifications
Degree from a four-year college or university program with an emphasis in accounting, finance or related field required.
The ideal candidate will be energetic, self-motivated, deadline driven, extremely organized and detail-oriented, with the ability to professionally communicate with all levels of individuals within and outside the organization, while successfully managing multiple tasks.
Positive team-player attitude, and ability to work with minimal supervision.
Listens with understanding; Exceptional problem solving and can embrace change; Demonstrates initiative; Independent thinker.
Advanced working knowledge of Microsoft Excel.

Fogelman is a drug free workplace and Equal Opportunity Employer. Offers are contingent upon the successful completion of the pre-employment process which may include criminal background, motor vehicle reporting, drug testing, and reference checks.

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