Property Accountant

We are looking for a Residential Real Estate Accountant to support the financial operations of a portfolio of residential properties in New Jersey. This Long-term Contract position is ideal for an accounting specialist who can manage day-to-day property accounting with accuracy, maintain strong tenant and vendor communication, and contribute to timely financial reporting. The role will partner closely with property management and accounting leadership to keep records current, resolve issues efficiently, and deliver reliable month-end and year-end results.

Real Estate Accountant Responsibilities:

• Oversee the accounting activity for an assigned group of residential properties, ensuring general ledger records and supporting transactions remain accurate and up to date.
• Manage receivables by coordinating with on-site staff to collect required lease documentation, following up on tenant balances, and addressing billing questions or discrepancies.
• Prepare tenant renewal-related financial documents, complete move-out accounting, and issue final disposition documentation with appropriate backup.
• Support collections efforts by monitoring outstanding balances, encouraging timely payment, and coordinating legal actions with external counsel when needed.
• Review invoices for coding, accuracy, and completeness, then process payments according to due dates and property cash availability.
• Maintain effective vendor relationships by responding to payment concerns, resolving invoice issues, and assisting with utility or submeter billing review when applicable.
• Reconcile security deposit accounts and bank accounts on a monthly basis, post journal entries, and investigate variances against budget and prior periods during close.
• Produce year-end financial statements and supporting schedules for tax preparation, including accounting for capital improvement activity across the portfolio.
• Collaborate with the accounting manager, property managers, and cross-functional teams to provide timely reporting, answer financial questions, and serve as a resource on accounting matters.
• Perform additional accounting and portfolio support duties as business needs require.