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Open nowPosted 46 days ago

Senior Property Accountant I (Lowell Regional Operations)

winn291 open roles

Where
Lowell, MA, USA
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Your applicationOpen nowSenior Property Accountant I (Lowell Regional Operations)winn · Lowell, MA, USA

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This job: posted 46 days ago

The posting

About the opportunity WinnCompanies is seeking a Senior Property Accountant I to join our Regional Corporate team located in Lowell, MA. The Senior Property Accountant I serves as the primary accounting liaison for an assigned portfolio of properties and is responsible for maintaining and interpreting accurate financial records, overseeing critical month end and year end accounting activities, and providing exceptional service to both internal and external customers. This role works independently, supports complex accounting functions, mentors less experienced accountants, and serves as a key resource for accounting operations, financial reporting, audits, cash management, budgeting, and property transitions. The salary range for this role is $80,000.00-$90,000.00 per year plus an annual bonus of $3,500.00. The selected candidate will adhere to the following hybrid schedule: Monday through Friday from 9:00AM to 5:00PM Responsibilities:

Perform and oversee key accounting functions for an assigned portfolio of properties, including:

Bank and escrow reconciliations Monitoring mortgage, management fee, escrow, real estate tax, and insurance payments Escrow surplus and deficit analysis Security deposit monitoring and reconciliations Month end accrual analysis and journal entries Prepaid expense reconciliations and supporting schedules Maintenance of key property accounting records and information Review and analysis of monthly financial statements for accuracy and compliance with U.S. GAAP and regulatory requirements Preparation of the accounting portion of annual operating budgets Coordination of audit activities, preparation of audit workpapers, and response to auditor requests

Monitor operating cash balances, reserve adequate funds based on financial analysis, and communicate available cash and funding needs to Operations teams. Coordinate client cash analysis processes and other bulk financial processes, including annual and semiannual distribution payments. Provide coverage and support for Accounting Supervisors, including:

Participating in client financial meetings Researching and resolving complex accounting issues Supporting less experienced accountants Maintaining alternate charts of accounts and specialized reporting schedules

Assist with property acquisitions, dispositions, refinances, re-syndications, and other property transitions by preparing journal entries and supporting accounting analyses. Onboard, train, mentor, and assist newly hired and less experienced accountants on company policies, procedures, and accounting best practices. Maintain and update accounting job aids, policies, procedures, and process documentation for assigned functions.

Requirements:

Bachelor's degree in Accounting, Finance, Business, or a related field. 5-8 years of relevant experience. 3+ years of accounting experience. Strong understanding of accounting principles, financial reporting, and account reconciliation processes. Advanced Microsoft Excel skills and proficiency with Microsoft Office applications, including Outlook, Word, and PowerPoint. Ability to analyze financial information and identify trends, risks, and opportunities for improvement. Strong written and verbal communication skills. Ability to establish priorities, work independently, and meet deadlines in a fast-paced environment. Strong attention to detail and organizational skills. Self-motivated with the ability to work effectively both independently and within a team environment. Ability to train, mentor, and support other accounting professionals.

Preferred Qualifications:

Experience with Yardi, RealPage, OneSite, or other property management and accounting software platforms. Experience in multifamily housing, affordable housing, commercial real estate, or property management accounting. Experience preparing annual operating budgets and financial forecasts. Experience coordinating external audits and investor or agency reporting requirements. Experience with property acquisitions, dispositions, refinances and property transitions. CPA designation, CPA candidate status, or interest in pursuing professional accounting certification.

 

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