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Zipdev

Zipdev is a staffing and recruiting company that works with its clients to hire for tech positions. As an employer, the company aims to foster a flexible work environment that prom

Senior Property Accountant

Location

Worldwide

Posted

30 days ago

Salary

0

Seniority

Senior

No structured requirement data.

Job Description

Senior Property Accountant

Zipdev

Role Description Our client is seeking a highly skilled and analytical Senior Property Accountant to join our team. This role will report directly to the Controller and is responsible for full-cycle property accounting, including complex transactions such as acquisitions, dispositions, capital activity, and investor distributions. This is not a transactional role. The ideal candidate must demonstrate strong critical thinking, ownership of financial accuracy, and the ability to identify and resolve discrepancies independently. The candidate should be comfortable operating in a fast-paced, evolving environment and be proactive in improving processes and controls. Role Mission: To ensure accurate, timely, and complete financial reporting while proactively identifying issues, improving processes, and supporting strategic decision-making across the portfolio. Key Responsibilities: - General Ledger & Financial Reporting - Maintain and reconcile general ledger accounts; prepare and review journal entries - Own full month-end close process with strong self-review and variance analysis - Prepare financial statement packages with supporting schedules and explanations - Identify discrepancies and proactively resolve issues before review - Capital & Transaction Accounting - Record equity contributions and distributions, including investor allocations - Prepare and record acquisition and disposition entries, including gain/loss calculations - Prepare Construction Draw Funding entries - Understand and account for 1031 exchange transactions - Record and track intercompany activity and capital structures - Accounts Receivable & Tenant Analysis - Review tenant ledgers and identify discrepancies, unapplied cash, or missing payments - Investigate tenant disputes and reconcile balances with supporting documentation - Ensure accurate billing and revenue recognition - Accounts Payable - Oversee AP and AR processes; review entries for proper coding and accuracy - Identify and resolve discrepancies in AP transactions; perform necessary reconciliations - Process recurring financial transactions such as debt service, real estate taxes, and utility payments - Calculate and maintain Management/Acquisition Fee schedules - Property-Level Accounting & Operations - Lead CAM reconciliations and validate accuracy of recoveries - Ensure lease terms are accurately reflected in financial reporting - Monitor property-level financial performance and identify variances - Track and record intercompany transactions, wire fees, and bank charges - Management Fee Calculation Billing & Tracking - Calculate and prepare management fees in accordance with PM agreements - Ensure accuracy of fee structure and the supporting calculations across managed entities - Coordinate internal review and approval prior to posting - Record and upload management fee charges in Yardi at the property level - Maintain supporting documentation for audit and reconciliation purposes - Debt & Asset Management Support - Maintain loan schedules and record financing activity - Record deferred financing costs and amortization - Support asset management with financial analysis and reporting - Process Improvements & Controls - Identify inefficiencies and propose process improvements - Develop and update SOPs to improve accuracy and consistency - Ensure adherence to internal controls and accounting policies - Reporting & Compliance - Prepare cash reports and support investor reporting requirements - Assist with audits and tax support as needed - Ensure compliance with GAAP and company policies Qualifications - 5–8 years of experience in property accounting or real estate accounting - Strong proficiency in Yardi (required) - Advanced Excel skills - Strong understanding of GAAP and real estate accounting concepts - Experience with acquisitions, dispositions, and capital activity - Ability to think critically and solve problems independently - Strong attention to detail with a high level of accountability - Excellent communication and organizational skills Milestone Timeline - First 30 Days – Integration & Orientation - Complete onboarding and system training - Review property financials and identify initial discrepancies - Understand capital structures and reporting requirements - By Day 60 – Independent Execution - Own month-end close for assigned properties - Begin handling capital activity and transaction entries - Identify and communicate process improvement opportunities - By Day 90 – Ownership & Accuracy - Fully manage assigned portfolio with minimal oversight - Perform detailed variance analysis and provide explanations - Support acquisition/disposition accounting - By Day 120 – Strategic Contributor - Lead complex transactions and reporting - Improve processes and documentation - Serve as a key resource to the Controller and team Benefits - Work remotely Monday - Friday, 40 hours a week (no weekends) - One of our core values at Zipdev is "Be authentic." That's why we encourage you to answer the application form in your own words; we are interested in getting to know you, not a digital assistant. - Wondering how our remote environment or our payment method work? We've put together some helpful answers in our FAQs at the bottom of our career site. Take a look and let us know if you have any other questions!

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