What are the responsibilities and job description for the Staff Accountant position at Panco Operations of NJ LLC?
Who We Are
Panco is a fully integrated owner/operator of multifamily assets along the East Coast. Our commitment to the highest level of property management and exceptional service has remained consistent. We execute the highest level of service, community experiences and lifestyle for all our residents.
Our mission is to provide an exceptional living experience to our residents by continuously investing in and managing our properties at the highest level. We strive to achieve peak performance in all areas of our business while focusing on strategic investment, sound asset management and consistent execution across all disciplines. We believe that integrity, teamwork, focus and creativity are our guiding principles to lead our teams and shape our community experiences.
We offer a comprehensive benefits package that includes a variety of health care options, retirement benefits and other flexible benefits.
About the role
The Staff Accountant is responsible for supporting day-to-day accounting operations, including maintaining financial records, preparing journal entries, reconciling accounts, and assisting with month-end and year-end closings. This role ensures accuracy and compliance with company policies and accounting standards and works closely with other departments to support financial reporting and audits.
Responsibilities
- Preparing journal entries for cash activity for management companies and private equity funds.
- Ensuring daily updates of management company and fund-level cash balances.
- Performing bank reconciliations for management company and fund-level bank accounts.
- Reviewing accounts payable for management companies and funds and executing payments via account transfer, wire transfer, or ERP systems (RealPage).
- Managing intercompany billing transactions, including corporate accounts payable allocations, payroll, and fund transfers.
- Controlling the accounting function for employee travel and expenses, including expense report reviews and journal entries.
- Leveraging daily cash reconciliations to meet owner and investor requests.
- Assisting with updating investor records in the private equity ERP system.
Skills and Qualifications
- Bachelors degree required in Accounting, Finance, or related field.
- Candidates with fund-level accounting experience in real estate, private equity, credit/debit, or financial services industries preferred.
- Minimum of 1 year accounting experience.
- Knowledge of general ledger, ACH/wire transfers and bank reconciliations, supporting account schedules, financial statements, and other management reports.
- Proficiency in MS Office products, with advanced working knowledge of Excel.
- Must be detail oriented, highly organized, and analytical.
- Graduating students of 2025 with relevant internship experience are welcome to apply.
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