Property Accountant

Description We are looking for a Property Accountant to support financial operations for a real estate portfolio in Memphis, Tennessee. This role will oversee accounting accuracy, reporting deadlines, and cash activity across multiple properties while serving as a key partner to property and ownership teams. The ideal candidate brings strong property accounting experience, sound judgment, and the ability to manage month-end and year-end processes in a fast-paced environment.

Responsibilities:

• Produce complete financial reports for individual assets and broader portfolios, ensuring accuracy and timely delivery.
• Contribute to quarterly investor packages by preparing supporting schedules and payment-related statements.
• Partner with accounting, ownership, and property operations teams to develop and maintain property-level financial plans.
• Compile year-end financial data needed for tax filings and assist with materials related to investor K-1 distribution.
• Maintain property general ledgers by validating transactions, posting journal entries, and correcting discrepancies as needed.
• Review invoice classifications and manage the recurring accounts payable cycle on a semi-monthly basis.
• Track and confirm timely payment of debt obligations, property taxes, and owner distributions while keeping financial records current.
• Support budget reviews, annual reconciliations, bank reconciliations, cash management, and cash flow analysis for assigned properties.
• Act as an accounting resource for property teams by answering financial questions, coordinating procedures, and helping deliver training on accounting practices. Requirements
• Demonstrated experience in property accounting, preferably supporting multiple assets or portfolios.
• Hands-on proficiency with Yardi software in an accounting environment.
• Strong knowledge of month-end close procedures and accrual-based accounting.
• Solid understanding of general ledger maintenance, journal entries, accounts payable, and accounts receivable.
• Ability to prepare and interpret financial statements with a high level of accuracy and attention to detail.
• Effective communication skills with the ability to collaborate across accounting, property operations, and ownership groups.
• Strong organizational skills and the ability to manage competing deadlines in a deadline-driven setting.

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