Senior Property Accountant - GY Properties

THE OPPORTUNITY – About GY Properties

GY Properties is a U.S. real estate company headquartered in Philadelphia, PA, specializing in acquisition, development, construction and in-house management of multifamily residential properties and high-end residential condominiums. GY Properties has been doing business for more than 30 years in the Philadelphia region.

At GY Properties our mission is to create homes and communities by focusing on location, wellness, and innovation for our residents and investors. Our core values include treating our residents, employees, and investors with respect and honesty, being accountable, innovating, and working together inclusively.

POSITION SUMMARY

We are looking for a Senior Property Accountant to join our team and contribute to our financial operations. You will be heavily involved in managing and analyzing property financial data. In this role, you will be responsible for ensuring accuracy in financial reporting and adherence to accounting standards.

Your role is to oversee financial transactions related to our properties, including rent collection, expense tracking, and budgeting. Your responsibilities may include preparing financial statements, reconciling accounts, and providing financial analysis to support decision-making processes.

Previous experience as an accountant or financial analyst in the real estate industry would be advantageous. Knowledge of property management software and familiarity with accounting principles specific to real estate transactions are also desirable qualities for this role.

This is a fully in-office position at our Philadelphia headquarters office.

PRIMARY RESPONSIBILITIES

• Review all invoices/bills for completeness and correctness, code to proper accounts and prepare and draw checks from proper accounts.
• Fill out and make bank deposits of all checks via remote deposit scan online bank software for properties.
• Strong follow up with property management to insure proper and timely receipt of all checks and invoices for all property sites, by location.
• Advise any issues concerning same (delinquency in rent and or other payments).
• Monitor all management activities and resolve issues while keeping all parties advised.
• Responsible for making required daily General Ledger entries and month end Journal Entries
• Accounts Payable entries and Disbursements
• Generate Monthly P&Ls & Balance Sheets
• Bank Reconciliations
• General Office Duties
• Other duties as assigned

MINIMUM REQUIREMENTS

• Adherence to the company's mission and values in all aspects of the job.
• Excellent time management skills and ability to multi-task and prioritize work.
• Attention to detail and problem-solving skills.
• Excellent written and verbal communication skills.
• Strong organizational and planning skills in a fast-paced environment.
• A creative mind with an ability to suggest improvements.
• Excellent communication and interpersonal skills, with the highest level of integrity.
• Highly motivated with a strong desire and ability to learn quickly.
• Responsive and open to feedback and growth.
• Effective communication with all stakeholders, including employees, management, and other departments.
• Proficiency in PM Systems.
• Accounting degree preferred.

PREFERRED SKILLS

• 3+ years of accounting experience
• Experience in the real estate/construction space
• CPA License

SALARY AND BENEFITS

The compensation for this position ranges from $70,000/year and up, commensurate with qualifications and experience. This full-time position is considered exempt from overtime pay under the federal and state wage and hour laws. GY Properties offers a highly competitive compensation package that includes medical, dental and vision insurance, 401(k) retirement plan with company matching, generous vacation and paid time off, an employee referral program, complementary employee parking, and opportunities for continuing education and training.

GY Properties currently requires the COVID-19 vaccination for all employees, other than those with religious or medical exemptions. This is a full-time in-office position.

Join our dynamic Accounting team! If you are a motivated individual with a passion for accounting and a team player, we would love to hear from you. Apply today!