Property Accountant Kenosha, WI $85,000 — $90,000 Posted 2 weeks ago Kenosha, WI 53140, USA Property Accountant About the Opportunity Our client is seeking an experienced Property Accountant to oversee the financial operations of a portfolio of affordable housing properties operating under the Low-Income Housing Tax Credit (LIHTC) program. This role is ideal for an accounting professional who enjoys working in a multi-entity environment, managing complex reconciliations, and partnering with property management and compliance teams. The ideal candidate will bring a strong understanding of LIHTC accounting, partnership accounting, compliance reporting, and affordable housing operations while contributing to a collaborative, team-first culture. Key Responsibilities for the Property Accountant Property Accounting & Financial Reporting Prepare monthly, quarterly, and annual financial statements for assigned LIHTC properties Manage general ledger activities including journal entries, accruals, amortizations, depreciation, and reconciliations Reconcile bank accounts, A/R, A/P, reserve accounts, security deposits, and intercompany transactions Maintain schedules for fixed assets, debt, reserve balances, escrow accounts, and prepaid expenses Compliance & Investor Reporting Ensure accounting activities comply with LIHTC regulations, partnership agreements, and lender requirements Prepare supporting schedules for annual audits and cost certifications Assist with partnership tax reporting, including Forms 1065 and K-1 tracking Budgeting, Forecasting & Analysis Assist with annual operating and capital budgets Prepare monthly variance analyses and explain budget-to-actual fluctuations Monitor property cash flow, reserves, and capital expenditure activity Provide financial insights and recommendations to management Cross-Functional Collaboration Partner with property management, compliance, and asset management teams Support lease-ups, refinancing projects, rehabilitation projects, and property acquisitions Provide financial reporting and analysis to ownership groups and investors Serve as a resource to property managers regarding financial performance and reporting Systems & Process Improvement Identify opportunities to improve accounting processes, workflows, and internal controls Support ERP and property management system enhancements Develop best practices around reserve tracking, compliance deadlines, and reporting requirements Qualifications for the

Property Accountant Required:

Bachelor's degree in Accounting, Finance, or related field 3-5 years of accounting experience At least 2 years of LIHTC, affordable housing, HUD, RD, HOME, or related housing program experience Strong understanding of GAAP and real estate/property accounting Advanced Excel skills including Pivot Tables, VLOOKUPs, and XLOOKUPs Ability to manage multiple properties, deadlines, and reporting requirements

Preferred:

Experience with Yardi, RealPage, MRI, or similar property management systems Partnership accounting experience Experience with layered financing programs including HOME, CDBG, Tax-Exempt Bonds, PBRA, PBV, or RD Experience supporting investor reporting and syndicator compliance CPA or CPA-track candidate Why This Role? Opportunity to work with a growing portfolio of LIHTC and affordable housing properties High-impact role with exposure to property operations, compliance, and investor reporting Collaborative team environment with experienced leadership Opportunity to expand expertise in affordable housing, partnership accounting, and real estate finance Meaningful work supporting housing initiatives that strengthen communities Exposure to budgeting, forecasting, audits, and strategic property analysis #PropertyAccountant #LIHTCJobs #AffordableHousingJobs #AccountingJobs #RealEstateAccountingJobs #

INJUL2026

EB-1841707767