Warren Averett Staffing and Recruiting is working with a progressive and growing real estate business in Atlanta, GA, hiring a  Property Accountant with HUD experience. This Property Accountant will be responsible for performing accounting functions for a select number of properties from the company’s broad and growing portfolio and will report directly to the Controller. This individual will play a key role in the accounting department and will interface with a variety of people including site personnel, Area Managers and Administrative teams.

Responsibilities:

  • Reconcile and analyze general ledgers for multiple properties.
  • Review and report available cash balances to Property Managers and Controller.
  • Record invoices and process payments.
  • Navigate accounting software (Yardi, RealPage) and assist Property Managers in the system.
  • Review rent payments, rent adjustments, and move-in/move-out information.
  • Close monthly and annual financials including reconciling balances, reviewing income and expense balances for unusual trends or entries, and preparing financial statements.
  • Review and post standard accruals.
  • Review loan documents to understand loan compliance and take ownership for the properties assigned.

Monthly/Quarterly Tasks-

  • Prepare account reconciliations and journal entries for assigned balance sheet accounts.
  • For assigned properties, review property trial balances and financial statements for accounting inaccuracies and prepare correcting journal entries as needed.
  • Work with property operations to prepare actual-to-budget variance analysis reporting package for senior management, lenders, regulators, and investors.
  • Ensure compliance with mortgage loan covenants, and associated reporting requirements.

Annual and Other Tasks-

  • Prepare audit packages to be submitted to the 3rd party CPA firms.
  • Respond to audit inquiries and requests for additional information.
  • For assigned properties, assist in the preparation of annual budgets working with Property Operations and the Financial Planning and Analysis Department.
  • Other tasks as assigned by Controller.

Skills:

  • Effective communication (verbal and written) and listening skills
  • Strong computer literacy including advanced level with Microsoft Excel, Word and PowerPoint
  • Excellent financial and analytical acumen with a thorough understanding of financial statements and reporting
  • Experience working with loan agreements as well as present value concepts and financial terminology
  • Analytical problem-solving skills with capability to undertake detailed analyses and make well-reasoned, decisive recommendations
  • Highly self-motivated with the ability to work effectively in a fast-paced environment

Requirements

  • Bachelor’s degree, accounting preferred
  • 2-3 years of experience in Affordable Housing

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.

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