Property Accountant

Job Description

Property Accountant | Rise48 Equity

The Tone:
This is a full-time role at Rise48 Equity, located in North Scottsdale, AZ. Rise48 Group is a real estate investment company that has expanded its robust property management team to include third-party management for more communities. This role is crucial for maintaining the financial order and stability across multiple properties, as the Property Accountant is responsible for meticulously preparing monthly financial statements and various ad hoc reports. The ideal candidate will be a detail-oriented professional who thrives on being dependable, thoughtful in problem-solving, and systematic in completing tasks from start to finish.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person Scottsdale, AZ
• Team: Accounting Team, collaborates with Property Managers, Regional Directors, Accounts Payable, and Accounts Receivable
• Mission: Prepare accurate monthly financial statements and ad hoc reports for multiple properties, ensuring financial accuracy and meeting deadlines.
• Tech Stack: Entrata (preferred)

What You’ll Actually Do
• Financial Closing: Compile and analyze financial information necessary for accurate month-end and year-end close processes.
• Reporting Packages: Prepare comprehensive monthly reporting packages for 8-10 properties, including financial statements and all supporting documentation.
• Account Reconciliation: Perform accurate bank reconciliations for multiple bank accounts and complete balance sheet tie-outs for all assigned properties each month.
• Expense Management: Reconcile and review all property expenses monthly, including recurring contracts, and prepare necessary journal entries.
• Accuracy Assurance: Review the general ledger for precision, complete a weekly pre-close checklist, and communicate effectively with property managers and regional directors.

The Must-Haves
• Background: Bachelor’s degree in accounting or a similar business-related field.
• Experience: 1-2 years of accounting experience. Experience with preparing accrual financial statements.
• Skills: Detail-oriented approach to tasks, systematic problem-solving, meticulous record-keeping, effective communication, ability to meet deadlines, financial analysis, general ledger review.
• Bonus: Experience in Property Management or Multi-Entity Accounting. Experience with Entrata.