What are the responsibilities and job description for the Staff Accountant position at Hawthorne Residential Partners?
Staff Accountant (Property Accountant) - Join the Hawthorne Residential Partners Team!
Here at Hawthorne Residential Partners, we are looking to add a Staff Accountant (internally known as a Property Accountant) to our team to manage a portfolio of apartment communities! We are proud to be one of the top 50 largest multifamily management companies in the nation, headquartered right here in Greensboro, NC.
We are committed to our mission of "Leaving Others Better Than We Found Them," which is at the core of our Live It culture. Our Property Accounting Department offers a unique blend of full-charge accounting, treasury, and financial analysis, creating an environment that fosters growth and development.
If you're looking to be part of a team where your work truly makes a difference, we’d love to hear from you!
Primary responsibilities of the position include but are not limited to:
General Accounting and Portfolio Management:
- Responsibility for the accounting and reporting of a portfolio of 8-10 multi-family properties
- Review of the financial package (GL, budget comparison, and 12 months rolling P&L) for required reclasses, accruals, and explanations in close collaboration with Community Managers
- Confirm accuracy and upload petty cash transactions
- G/L review and re-classes to ensure operating/major expenses and capital expenditures are recorded accurately
- Calculate accruals for mortgage interest, management fees, property taxes, and insurance
- Periodic review of the Balance Sheet for monthly submissions, focusing on the accuracy of accruals, escrows, and loan amortizations
Treasury and Cash Management Functions:
- Review and process payables, including utilities, ensuring timely payments to vendors
- Daily review of cash position and forecasting for all properties in the portfolio
- Daily and monthly bank reconciliations
- Ensuring mortgage is recorded and paid timely
Owner and Investor Servicing:
- Distribute monthly financial reporting to owners that provide an overview of financials reviewed throughout the accounting month cycle
- Review and initiate ownership disbursements as necessary
- Prepare quarterly reporting as needed (Reserve Reimbursement Requests, Financial Statements, etc.)
Operations and Community Manager Support:
- Distribution of variance reports and financial reviews to Community and Regional Managers
- Provide Accounting support for site teams
- Build positive working relationships with site and regional teams
Other Responsibilities:
- Review all necessary agreements for your properties and utilize organizational tools to document critical information for future reference
- Support the annual audit process and assist with year-end tax procedures
- Foster a team-oriented environment, working professionally with internal and external customers
- Help develop and update operational accounting policies and procedures
- Attend and participate in periodic training sessions
- Perform other duties as assigned
Our Benefits Package Includes:
- Medical, Dental, Vision
- Life Insurance
- 401K with Match
- Flexible Spending and Health Savings Account
- Short-Term and Long-Term Disability
- Corporate Engagement Events
- Birthday, Vacation-Time, Personal-Time, and Sick-Time Off
- Paid Holidays
- Remote Working Days
- And More!
Required Qualifications:
- Bachelor’s Degree in Accounting, Business, or equivalent combination of education and experience
- Ability to work in a fast-paced environment with multiple priorities
- Excellent communication skills that are effective across multiple levels and departments
Preferred Qualifications:
- General Ledger Experience
- Yardi Experience
- Intermediate Excel Experience
- Physical requirements include but are not limited to the ability to effectively communicate with team members, supervisors, vendors and service providers. Must be able to see, hear, talk, sit, stand, walk, reach, climb, stoop, kneel, and crouch. Must be able to lift a minimum of 60 lbs. as needed
Hawthorne Residential Partners' hiring practices include pre-employment testing including drug tests, background screening, and successful completion of a personality and basic skills assessment.
