Property Accountant

Hillpointe - Winter Park, FL

Full-time

Winter Park, FL

Real Estate

About the position

The Property Accountant at Hillpointe is responsible for managing the full cycle of accounting for a portfolio of multifamily properties. This role involves preparing financial statements, managing cash flow, and ensuring accurate financial reporting. The position offers a career-defining opportunity within a dynamic team focused on real estate development and investment management.

Responsibilities

• Prepare financial statements and reporting packages for multiple properties in a timely manner.
• Review financial statements for accuracy and provide comments on properties within the portfolio.
• Manage cash flow and anticipate future cash deficiencies for assigned properties.
• Calculate and process required cash contributions and distributions.
• Conduct monthly bank reconciliations and follow up on outstanding items.
• Ensure accurate vendor invoicing and timely payments.
• Oversee critical payments such as real estate taxes, insurance, and debt service for assigned properties.
• Review lender escrows and replacement reserve escrows to ensure adequate funds are available.
• Reconcile escrows and reserves monthly, when applicable.
• Communicate with on-site teams to assist in completing pre-close and close activities.
• Review site reports against general ledger reports for accuracy during month-end preparation.
• Calculate and review management fees for accuracy.
• Reconcile balance sheet accounts and prepare supplementary reporting as required.
• Close the general ledger monthly and respond to inquiries in a timely manner.
• Review and post accruals and reclasses as needed.
• Assist in preparing supporting working papers for year-end audits.
• Follow up on the status of budgets throughout the draft, revised, and final stages.
• Assist with special or ad hoc projects as needed.

Requirements

• 3+ years of accounting experience, preferably in property accounting.
• 4-year degree in Accounting or Finance required.
• Proficient in Microsoft Word and Excel.
• Experience with financial systems software required, RealPage preferred.
• Strong written and oral communication skills.
• Strong analytical skills.
• Ability to work under pressure and meet deadlines.
• Ability to multi-task and work independently.
• Ability to work cooperatively with all levels of employees and management.