Residential Property Accountant

Company Description

Morguard is a fully integrated real estate company. We strategically invest in high-quality, well-located, multifamily assets across North America and our onsite teams are critical to our Communities' success.

Job Description

PURPOSE

The Residential Property Accountant is responsible for the bookkeeping of residential apartment properties, which can include up to approximately 5 entities per property accountant, depending on the size of the property.

Qualifications

DUTIES AND RESPONSIBILITIES

• The property accountant will be responsible for posting daily deposits to cash sheets, preparing and posting journal entries, including reclassifications & accruals. Enter info into FAS software which calculates depreciation. Record monthly depreciation entry, calculate utility accruals, post mortgage payment, real estate tax, insurance and interest accruals.

• Prepare a monthly binder for each property including monthly financial statements, general ledger and supporting schedules for each balance sheet account.

• Review general ledger and income statement for proper coding of invoices, additional accruals and reclasses needed.

• Research, explain & work with property managers to correct outstanding items on bank reconciliations.

• Understanding of intercompany accounts.

• Must have full understanding of accounting concepts.

• Strong Excel skills. Monthly backup schedules are maintained in excel.

• Has no problem meeting deadlines and can handle working under pressure at times.

• Can work independently with little supervision as well as be a team player. Also, works well with others in the department.

• Focuses on the tasks at hand and getting the job done accurately and timely.

• Reports directly to the financial accountant for the APTS.

• May require overtime during quarter end/year end close out process

CORE COMPETENCIES

• Positive attitude towards job duties, position and coworkers.

• Fast learner and good ability to follow instructions.

• Excellent work ethic, ability to multi task, and very detail oriented.

• Independent thinker and strong initiative.

• Ability to be open minded and takes on new responsibilities when deemed appropriate.

• Ability to work and understand Yardi software (Apartments).

• 3-5 Years’ Experience

• Accounting Degree Preferred

Additional Information

Why you should join Morguard

At Morguard, our employees are our greatest investment. We make people our priority and strive to create a culture of respect, health and safety, and equal opportunity to support employees to meet their goals.

When you join Morguard, you join a strong and committed team and will have access to:

• Employer Provided Medical Insurance Options
• Excellent culture that supports a work-life balance with time off for Summer Hours, Vacation, Personal, Sick Leave, and Paid Holidays
• Education Reimbursement Program
• Dollar for dollar matching 401k Savings Plan with immediate vesting
• Opportunity to live onsite within portfolio with our Employee Discount

*Morguard is an equal opportunity employer

+This job description is intended to describe the nature and level of work being performed by individuals assigned to this position. It is not an exhaustive list of all responsibilities required of the job. Job descriptions may also be rewritten periodically to reflect any changes in the position’s duties.

Morguard is an equal opportunity employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

 Morguard participates in the E-verify program to confirm eligibility to work in the United States.

PRIVACY