<p>TITLE: Accountant - Property</p> <p>REPORTS TO: Associate Director of Accounting-Property Management</p> <p>DEPARTMENT: Accounting</p> <p>STATUS: Full-time</p> <p>FLSA STATUS: Exempt</p> <p>WAGE RANGE: $78,696 - $85,640 annually</p> <p>GRANT FUNDED: No</p> <p>UNION POSITION: Yes</p> <p>LOCATION: 145 Taylor Street, San Francisco CA 94102</p> <p>SCHEDULE: Hybrid 3 days onsite; 2 days remote</p> <p>SUMMARY</p> <p>Under the direct supervision of the Associate Director of Property Accounting, the Property Accountant is responsible for full-cycle accounting of a portfolio of properties. This includes all rental transactions, month-end closing, general ledger account analysis, reconciling interfund accounts, reconciling bank accounts, performing internal audits, preparing audit schedules and other related accounting duties of the organization.</p> <p>ESSENTIAL DUTIES</p> <p>Financial Operations & Reporting</p> <ul> <li>Perform full-cycle accounting for a portfolio of properties, including all revenue, expense, and general ledger activities </li><li>Prepare timely and accurate monthly, quarterly, and annual financial statements and variance analyses </li><li>Complete month-end and year-end close processes, ensuring adherence to established deadlines and reconciling schedules </li><li>Prepare and submit required financial reports to lenders, regulatory agencies, and other external stakeholders </li></ul> <p>Accounts Receivable & Tenant Accounting</p> <ul> <li>Oversee accounts receivable functions, including tenant billing, subsidy postings, and rent collections </li><li>Reconcile tenant sub-ledgers and ensure alignment with the general ledger </li><li>Review and post rent payments, including electronic and check-based transactions (e.g., Yardi Checkscan) </li><li>Monitor tenant accounts and aging reports; research and resolve discrepancies </li><li>Track resident move-outs and ensure accurate, timely processing of security deposit refunds in compliance with regulations </li></ul> <p>Reconciliations & General Ledger Management</p> <ul> <li>Prepare and review monthly bank reconciliations and resolve outstanding items </li><li>Reconcile all general ledger accounts, including intercompany/interfund accounts, on a monthly basis </li><li>Prepare and post journal entries with clear documentation and audit trails </li><li>Ensure financial data integrity across systems and reports </li></ul> <p>Compliance, Controls & Audits</p> <ul> <li>Ensure compliance with internal policies, procedures, and internal controls, as well as affordable housing regulations (e.g., LIHTC, HUD, or other applicable programs) </li><li>Perform periodic internal audits to assess accuracy and compliance </li><li>Prepare audit schedules and support external auditors during annual audits </li><li>Ensure internal financial statements align with audited financial statements </li></ul> <p>Collaboration & Cross-Functional Support</p> <ul> <li>Partner with Property Management and Leasing teams to ensure accurate rent rolls, occupancy data, and billing </li><li>Produce and present financial statements and other key reports to Housing Development team for new properties </li><li>Collaborate with Asset Management on financial performance, budgets, and operational insights </li><li>Provide financial data and support for grant reporting, lender compliance, and regulatory submissions </li><li>Serve as a key accounting liaison to Property Management and provide guidance or training on financial systems (e.g., Yardi) </li></ul> <p>Cash Management & Analysis</p> <ul> <li>Monitor property-level cash flow and ensure proper recording of intercompany transactions </li><li>Assist in identifying cash needs, funding requests, and operational variances </li><li>Support budget tracking and financial performance analysis </li><li>Other Responsibilities </li><li>Contribute to process improvements and system efficiencies within the accounting function </li><li>Maintain organized and complete financial records and documentation </li></ul>