Property Accountant

Job Description

Antheus Capital is a private real estate company focused on the acquisition, development, and redevelopment of apartment properties in select supply-constrained submarkets located throughout the United States.

Overall Responsibility:

The Property Accountant is a team member of the centralized accounting department in the corporate office.

Essential Functions:

• Maintain proper accounting records for the assigned properties and tasks
• Review and understand the organizational and financial documents and apply accounting and reporting requirements accurately
• Monitor AR and AP aging, unapplied cash, bad debt allowance, debt service ratio, cash flows and cash positions, etc.
• Approve accounts payable timely
• Work closely with the field team to timely resolve receivable and payable issues
• Review tenant ledgers in question
• Review commercial lease charges, perform CAM reconciliations
• Analyze activity in capital expenditure accounts. Apply for replacement reserve according to loan agreements.
• Follow month-end closing calendar
• Prepare monthly centralized journal entries and supporting schedules for the assigned accounts
• Review bank reconciliations and timely resolve bank reconciling items.
• Maintain and reconcile all general ledger activities for properties in the assigned portfolio
• Prepare monthly closing work paper packages independently including variance explanations
• Investigate and resolve issues through communication with operations, finance teams and outside parties
• Prepare monthly reports as needed, such as investor, lender
• Follow quarter-end closing calendar
• Assist in preparing quarterly financial reports and supplemental schedules
• Prepare lender reports, and other required quarterly reports.
• Perform year-end responsibilities
• Prepare required work papers at year-end for annual audits
• Respond to auditor’s questions
• Prepare financial statements and footnote disclosures
• Review tax returns prepared by CPAs as needed.
• Complete ad hoc financial projects as required.

Qualifications:

• Bachelor's degree in Accounting
• 2-3 years accounting experience (property accounting experience preferred).
• Proficiency in Excel required, Salesforce and Yardi software experience a plus
• Demonstrated problem-solving and analytical skills.
• Ability to work in a fast-paced environment and prioritize multiple high-priority projects.
• Strong work ethic focused on meeting deadlines