What are the responsibilities and job description for the Residential Accountant position at Wellington Management, Inc.?
Wellington Management, Inc. is a well-established real estate management firm with over 40 years of experience. We oversee a diverse portfolio of 100 commercial buildings and, soon, more than 1,000 housing units across 24 communities in the Twin Cities metropolitan area.
Our mission is to grow the metro that grew us—through strategic planning, development, and property management.
We are seeking a Residential Accountant to join our team and work closely with our residential property management teams.
Key Responsibilities- Financial Management: Execute the full real estate accounting cycle, including journal entries, general ledger maintenance, bank reconciliations, and financial statement preparation.
- Budgeting & Analysis: Prepare annual budgets with site managers, conduct variance analysis, and present budget reports.
- Accounts Payable & Receivable: Process payables, review AR, and address potential issues with site managers.
- Cash Flow Monitoring: Track daily cash positions and reforecast property cash flows.
- Compliance & Auditing: Collaborate with external CPA firms on audits, tax filings, and financial reporting.
- Property Onboarding: Assist in the financial integration of new properties.
- Regulatory Compliance: Support senior staff in tracking housing compliance requirements.
- Bachelor’s degree in Accounting, Business, Real Estate, or a related field.
- Minimum five years of progressive residential real estate accounting experience. (Experience with Low Income Housing Tax Credit properties strongly preferred.)
- Proficiency in Yardi software (accounting and payment modules).
- Strong financial reporting and analytical skills.
- Advanced Excel skills, including the ability to present spreadsheets in a group setting.
- Excellent verbal and written communication skills, with the ability to interact effectively at all levels.
- Highly organized, detail-oriented, and self-motivated.
- Ability to manage multiple deadlines, particularly during budget and tax seasons.
- On-site position at our St. Paul headquarters (free parking available).
- Some travel to property sites within a 45-minute radius may be required.
- Standard office setting with occasional overtime during peak financial periods.
- Standing desk equipment available upon request.
- Competitive Salary & Performance Bonuses
- Comprehensive Benefits Package
- 401(k) with employer matching
- Medical, dental, and vision insurance
- Life insurance
- Paid time off
- Professional Growth Opportunities
- Educational assistance
- Industry association memberships
Ready to bring your accounting expertise to a dynamic real estate management firm? Apply today!
Salary : $32 - $40
