Senior Property Accountant

Eisneramper Llp - Philadelphia, PA

Full-time - Mid Level

Philadelphia, PA

1,001-5,000 employees

Professional, Scientific, and Technical Services

About the position

The Senior Property Accountant at EisnerAmper is responsible for managing the accounting functions for real estate clients, overseeing multi-entity portfolios of commercial and residential properties. This role involves making journal entries, performing reconciliations, and preparing financial statements, while also leading a team of accountants. The position emphasizes flexibility, work-life balance, and a commitment to diversity and inclusion within a rapidly growing accounting firm.

Responsibilities

• Make appropriate journal entries to record mortgage, payroll, utilities, management fees, property insurance, and property taxes.
• Perform bank reconciliations for operating, security deposit, and escrow accounts.
• Conduct monthly financial reviews, accrual accounting, and GL reclasses.
• Perform reconciliations of balance sheet accounts and in-depth reviews of the income statement.
• Conduct actual-to-budget variance analysis and management fee calculations.
• Prepare monthly financial statement packages for ownership, including balance sheets and profit & loss statements.
• Prepare quarterly financial reporting for lender compliance requirements.
• Act as a liaison to external auditors, providing necessary data and answering questions for timely audits.
• Submit wires, ACHs, and internal bank transfers.
• Develop and upload budgets, maintain job costing schedules, and prepare construction draw packages.
• Maintain technical knowledge of lease accounting and CAM escalation schedules.
• Manage task management and workpapers in FloQast.

Requirements

• Bachelor's Degree in Business, Finance, Accounting, or related field.
• 3+ years' experience in real estate managing multiple property entities (commercial, residential, and new construction).
• Experience with RealPage is required.
• Knowledge of Sage Intacct and/or Yardi.

Nice-to-haves

• Master's degree in Business, Finance, Accounting, or related field.
• Experience with task management and workpaper system FloQast.
• Experience with Appfolio and/or Avid Exchange.

Benefits

• Competitive salary
• Work/life balance
• Diversity, Equity, & Inclusion initiatives
• Employee Resource Groups (ERGs)
• Career development opportunities