Property Accountant

Job Description

Property Accountant | Truity Partners

The Tone:
This is a Property Accountant role for an organization in the Milwaukee area that is actively seeking a professional to join their team. This position is vital for maintaining the financial accuracy and operational efficiency of properties, ensuring all accounting processes run smoothly. The client fosters a flexible, laidback culture within a collaborative team environment, offering the possibility of a hybrid work schedule after an initial training period.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid, Milwaukee, WI
• Pay: $70000–$85000 yearly
• Mission: Ensure accurate financial reporting, robust accounting controls, and comprehensive financial support for property operations.
• Tech Stack: Microsoft Office, NetSuite, Yardi, Kardin

What You’ll Actually Do
• Financial Close: Prepare comprehensive monthly accounting close entries and produce accurate financial statements.
• Account Reconciliation: Reconcile bank statements, meticulously review accounts payable invoices, and actively manage accounts receivable and tenant collections.
• Budgeting & Analysis: Review property operating results against established budgets, prepare detailed variance analyses for management, and contribute to annual property budgets and financial reforecasts.
• Tenant Billing & Support: Oversee monthly tenant charges, accurately enter non-recurring charges, and provide assistance in resolving tenant billing disputes.
• Property Compliance: Prepare and review various reconciliations including Common Area Maintenance (CAM), real estate taxes, and insurance, while supporting property onboarding and internal accounting controls.

The Must-Haves
• Background: Bachelor’s degree in Accounting, preparing you for an early career role focused on property accounting functions.
• Experience: At least 1 year of relevant accounting experience is required; prior experience within the real estate industry is preferred.
• Skills: Proficiency in Microsoft Office applications; strong written and verbal communication to follow up on open items; highly organized with keen attention to detail and strong time-management abilities to meet reporting deadlines.
• Bonus: Familiarity and experience with accounting software systems such as NetSuite, Yardi, or Kardin.