Property Accountant
DLP CapitalAbout the role
The Property Accountant will generate accurate and timely financial reporting on assigned properties including completing bank reconciliations, recording mortgage payments, tax packages, oversee the posting and payment of property taxes, property insurance and related property fees, record the acquisition and disposition of properties, among other accounting tasks as assigned. The Senior Accountant will assist the property accounting team in complex reconciliations and problem solving to ensure financial accuracy across the portfolio, as well as assist the Property Management Controller on special projects.
What you have already achieved: (Requirements)
- Bachelor's Degree in Accounting
- 3+ years Accounting experience
- Property Accounting experience preferred
What you are great at: (Responsibilities)
- Reporting: Preparation of timely and accurate monthly financial statements on assigned properties by the deadlines indicated on Accounting Department Reporting Scorecard.
- Mortgages: verify principal, taxes, insurance and reserves balances match statements. Record taxes and insurance paid by escrow.
- Insurance & Taxes: Responsible for monitoring and assisting in processing the payment and amortization of all insurance and property taxes to ensure timely payment and accurate amortizations.
- Reconciliations: Reconciles assigned bank accounts. Investigates and solves issues regarding cash deposits/checks and cash balances.
- Reporting: Reviewing financial reporting before finalized to ensure accuracy.
- Track and send monthly/quarterly distributions list.
- Post and pay property management fees and asset management fees.
- Acquisitions and Dispositions of Properties: Responsible for recording the HUDs of single family & multi family purchases, dispositions, and refinances.
- Responsible for annual tax workpapers for your assigned properties; verifying data and adjusting inconsistencies.
- Assists PM Controller, SVP Finance, CFO and the accounting department with special projects as may be needed or directed.
- Perform such other accounting, financial, or administrative tasks as may be required from time to time (often on short notice), as directed.
- Assist with implementing new policies & procedures as necessary.
- Mentoring, leading, guiding, training, instructing, overseeing, monitoring and verifying the work of direct report team members, delegating such duties as feasible while at all times controlling the processes and maintaining the accuracy and integrity of the financial ledgers, and related record keeping.
What you’re motivated by:
- Making an impact. Whether it's the residents who call our Thriving Communities home, the investors who trust us to be stewards of their capital, or the sponsors we work with to 10x their business, everything we do is about making an impact.
- Challenges. You see roadblocks as opportunities and are proactive in finding solutions.
- Growth. We’ve been named to the Inc. 5000 as one of the Fastest-Growing Private Companies in America for eleven consecutive years.
Who We Are
What We Do In One Sentence:
We finance the building of Thriving Communities.
Our Mission:
We are changing the nation through the building of Thriving Communities. We are the leader in funding the building of Thriving Communities centered in safe, attainable housing.
Our Purpose:
To passionately make an extraordinary impact by transforming lives and building Thriving Communities.
Our Big, Hairy, Audacious Goal (BHAG):
To positively impact and transform 10 million lives by funding the building of 5,000 Thriving Communities, becoming one of America’s 100 largest private companies.
Our Culture:
- We work hard, marching towards ambitious goals driven by a purpose that’s bigger than ourselves.
- We are impact-driven, seeking to make a difference not just on the affordable housing crisis but also in the lives of our employees, investors, and partners.
- We are disciplined, following our exclusive Elite Execution System to develop personally and professionally.
- We strive to Live Fully, finding fulfillment in all areas of our lives.
Our Core Values:
Driven For Greatness: We are driven by the pursuit of knowledge and the paramount importance of a growth mindset, cultivating greatness both personally and professionally.
Living Fully: We prioritize living fully with a dedication to achieving optimal health i
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