Property Accountant (Residential /affordable desired)

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Residential Property Accountant

Location: 4 days in‑office (Hybrid)
Salary: $105,000 – $115,000 + discretionary bonus

About the Company

We are a highly reputable, financially stable real‑estate owner with a family‑oriented culture. Our accounting and finance team is known for mentorship, collaboration, and long‑term career development. We manage a diversified portfolio of residential properties, including affordable‑housing assets, and pride ourselves on delivering exceptional service to our partners, lenders, and residents.

Why Join Us?

• Supportive culture – mentorship programs and a collaborative environment.
• Career growth – clear pathways for advancement and professional development.
• Stability – strong balance sheet and long‑standing market presence.
• Impact – work on projects that directly support affordable‑housing initiatives.

Key Responsibilities

• Prepare and record monthly accruals, prepaid rent/expense entries, and GAAP‑related adjustments.
• Perform monthly bank reconciliations and maintain fixed‑asset records (including depreciation schedules).
• Calculate and reconcile operating‑expense and real‑estate‑tax escalations, as well as percentage‑rent calculations.
• Manage billing and application processes for subsidized‑housing programs.
• Enter and post monthly journal entries in the Yardi general‑ledger system.
• Reconcile balance‑sheet accounts and various accounts‑receivable sub‑ledgers.
• Conduct monthly income‑and‑expense variance analyses and utility‑expense trend reviews.
• Prepare and distribute monthly financial and accounting reports.
• Support annual audits, budget preparation, and lease‑abstraction processes.
• Ensure compliance with partnership agreements, loan covenants, and GAAP.
• Communicate effectively with external stakeholders, including joint‑venture partners and lenders.

Required Qualifications

• 3–5 years of experience in residential real‑estate accounting, with exposure to affordable‑housing programs.
• Proficiency in Yardi (or comparable property‑management accounting software).
• Strong understanding of GAAP, partnership agreements, and loan covenants.
• Demonstrated ability to perform bank reconciliations, fixed‑asset accounting, and variance analysis.
• Excellent written and verbal communication skills; comfortable interacting with external partners and lenders.

Preferred (but not required)

• Experience with subsidized‑housing billing/application processes.
• CPA or progress toward CPA certification.
• Advanced Excel skills (pivot tables, VLOOKUP, macros).

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How to Apply
If you’re ready to contribute to a thriving, mission‑driven organization, please email your resume to ken.casaccio@lhh.com with the subject line “Residential Property Accountant – [Your Name]”.

We look forward to reviewing your application!