Property Accountant position + AppFolio Expert

Mission, Scope, & Key Responsibilities of the Position

The Property Accountant is a pivotal role responsible for managing and maintaining the financial health of our property portfolio. This role ensures accurate financial records, timely reconciliations, and compliance with accounting standards, supporting effective property management and decision-making. The successful candidate will work closely with property managers, vendors, and stakeholders to deliver comprehensive financial oversight.

Key Responsibilities:

• Reconcile bank statements and balance sheets to ensure financial accuracy.
• Monitor bank accounts and oversee cash flow activities.
• Prepare bills and journal entries for various GL accounts, including fixed assets, prepaid insurance, loan fees, and mortgage payables.
• Generate aged payables reports and manage outstanding liabilities.
• Monitor and process tax bills via tax websites.
• Draft revenue recognition reports.
• Record collections, remittances, deposits, and receipts.
• Manage loan payment entries and schedules.
• Perform monthly accruals for depreciation, loan fees, insurance, taxes, and interest.
• Maintain and update detailed accounting schedules.
• Process bill payments and review vendor ledgers.
• Bill back expenses to users/tenants as applicable.
• Communicate with vendors and address inquiries when necessary.
• Monitor and act on received emails and assigned tasks.
• Collaborate with and respond to queries from owners, officers, managers, supervisors, and colleagues.
• Undertake ad hoc tasks as required to support the accounting and management teams.