Property Accountant Position Available In Shelby, Tennessee
Tallo's Job Summary: We are seeking a Property Accountant in Memphis, Tennessee to handle financial reporting and analysis for multifamily properties. Responsibilities include preparing financial statements, reconciling balances, and collaborating with other teams. Requirements include a Bachelor's degree in Accounting, 1-4 years of relevant experience, and proficiency in accounting software systems. Familiarity with property management software is a plus.
Job Description
Property Accountant
We are looking for a detail-oriented Property Accountant to join our team in Memphis, Tennessee. In this role, you will manage financial reporting and analysis for a portfolio of multifamily properties, ensuring accuracy and compliance with accounting standards. This is an excellent opportunity for a motivated individual to contribute to a growing organization while advancing their career.
Responsibilities:
- Prepare and deliver comprehensive financial statement packages for assigned properties, ensuring accuracy and adherence to quality standards.
- Conduct detailed balance sheet reconciliations and create supporting schedules to verify account accuracy.
- Post journal entries to the general ledger and review reports to identify and correct discrepancies before closing periods.
- Collaborate with Accounts Payable and Accounts Receivable teams to ensure proper coding and recording of transactions, resolving any discrepancies.
- Analyze income statements and balance sheets to identify and explain variances or unusual changes.
- Assist in preparing additional financial reports as requested by clients and management.
- Support external auditors during year-end reviews by providing necessary documentation and posting adjusting entries.
- Manage daily and monthly bank reconciliations and oversee cash management for assigned properties.
- Respond to inquiries from property management teams regarding monthly financial statements and related matters.
- Participate in special accounting and operational projects as needed.
- Bachelor’s degree in Accounting or a related field is required.
- 1-4 years of relevant work experience, with at least 2 years focused on general ledger accounting.
- Strong understanding of accounting software systems and general accounting functions.
- Proficiency in managing accounts payable (AP) and accounts receivable (AR) processes.
- Experience with accrual accounting and preparing financial reports.
- Familiarity with property management software such as AMSI or AppFolio is a plus.
- Excellent analytical and problem-solving skills with attention to detail.
- Ability to work independently while also collaborating effectively with team
