Property Accountant - Virtual Company
Washington, DC 20002
About the Job
Join a growing Real Estate Investment firm located in Washington, DC. This is a 3-month contract to hire role that will require you to work onsite. This is a 40-hour work week. If you are interested, please submit your application.
The Senior Property Accountant is responsible for all financial and analytical procedures for a group of assigned multi-family properties, working closely with the Community Managers on performance, variances, and reconciliations. This is a great opportunity for someone who thrives in a fast-paced, entrepreneurial environment with prior property accounting experience.
Responsibilities:
- Prepare and maintain accurate financial statements, including income statements, balance sheets, and cash flow statements in an audit ready format.
- Preparation of timely and accurate monthly, quarterly, and annual financial reporting.
- Review Bank Reconciliations and Intercompany tie outs.
- Prepare General Ledger Posting, Recurring, and Reclass Entries
- Prepare appropriate Workpapers and Roll forwards for All Balance Sheet Accounts.
- Track closing calendar and checklist on a monthly schedule.
- Variance reporting current vs prior and actual vs budget review.
- Oversee rent collection processes and ensure timely collection of rent and other property-related income.
- Maintain accurate tenant ledgers, including rent payments, security deposits, and other charges.
- Work with Community Managers to follow-up on tenant inquiries and disputes related to financial matters.
- Review balance sheet related Accounts Payable ensuring timely payment of bills and expenses.
- Follow Up with Community Managers on Outstanding AP and AR balances.
- BA/BS in Accounting or Finance with 5+ years of real estate accounting experience with preference in property accounting management and/or controller role.
- Previous experience in a development and construction environment is highly desired.
- A thorough knowledge of GAAP is required.
- Strong communication and interpersonal skills, both verbal and written.
- Exemplary problem-solving and analytic skills.
- A strong sense of accountability and thrives in a collaborative environment.
- Excellent organizational and prioritization skills with a keen sense of urgency, works well under pressure, and consistently meets deadlines.
- Advanced Microsoft Office skills, particularly Word and Excel.
- Knowledge of Yardi software is highly desirable.
- CPA or CMA certification is preferred but not required.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.