Property Accountant

Beacon Hill is partnering with a property management firm to bring an experienced Property Accountant onto their team. This individual will work closely with property management teams and community board members to support accurate financial reporting, budgeting, variance analysis, and overall financial oversight. If you have 2+ years of property accounting experience within the real estate or property management industry, please apply!

Responsibilities

• Manage general ledger accounting for an assigned portfolio of condominium and cooperative properties.
• Prepare and review monthly and annual financial statements, making necessary adjustments to ensure accuracy.
• Review budget-to-actual variances and prepare explanations for property management and board members.
• Maintain and analyze trial balances, accruals, reconciliations, cash activity, and supporting schedules.
• Prepare annual operating budgets, custom financial reports, and cash flow projections.
• Communicate with property managers, board treasurers, and board presidents regarding the financial position of assigned properties.
• Assist with the financial onboarding of new properties, including reviewing transferred accounting records and verifying the appropriate transfer of funds and documentation.
• Support the annual audit process by preparing schedules and providing requested financial information.
• Monitor property cash balances and assist with the administration of client funds based on authorized instructions.
• Provide ongoing financial analysis and reporting to help properties achieve their financial objectives.