Property Accountant

LHH Professional Recruitment Solutions is seeking a Property Accountant for a confidential client based in Philadelphia, PA. This role involves managing the financial records for a variety of properties within the client's commercial and residential portfolios. The Property Accountant will handle a range of accounting tasks, including journal entries, reconciliations, and the preparation of financial statements for each property. This position offers a unique opportunity to collaborate closely with Asset Management, Property Management, and VPs of Commercial/Residential. A solid understanding of accounting principles and a readiness to take on project-based tasks are essential.

Key Responsibilities:

• Accurately and promptly record business transactions by preparing journal entries.
• Conduct general ledger reconciliations in line with the month-end close schedule.
• Prepare and review monthly and quarterly financial statements, including budget-to-actual variance analysis.
• Manage cash schedules to ensure the financial needs of properties are met.
• Prepare lender reports on a monthly, quarterly, and annual basis for loan compliance.
• Assist Asset and Property Managers with accounting, budgeting, and reporting matters.
• Support external auditors with year-end audits for select properties.
• Collaborate with external CPAs on annual entity tax returns.
• Undertake special projects and other duties as needed.

Qualifications:

• A proactive, self-directed team player who is conscientious and takes responsibility for their work.
• Strong organizational skills and attention to detail.
• Ability to work in a fast-paced environment and prioritize competing deadlines.
• Excellent time management skills and the ability to work independently.
• Strong working knowledge of Microsoft Excel.
• Problem-solving and analytical skills.
• Knowledge of accounting principles and general ledger account practices.

Education:

• Bachelor’s degree in Accounting, Finance, or a related field.

Experience:

• Minimum of 2 years of industry experience.
• Experience with MRI Software (preferred, but not required).
• Proficiency in MS Excel, Word, and database applications.

If you are interested in this exciting opportunity, please apply above. Only qualified candidates will be considered and contacted to discuss the position further.

Equal Opportunity Employer/Veterans/Disabled

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The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:

• The California Fair Chance Act
• Los Angeles City Fair Chance Ordinance
• Los Angeles County Fair Chance Ordinance for Employers
• San Francisco Fair Chance Ordinance