Accounting Associate (AR/AP)

Our client is seeking a highly skilled and analytical Senior Property Accountant to join our team. This role will report directly to the Controller and is responsible for full-cycle property accounting, including complex transactions such as acquisitions, dispositions, capital activity, and investor distributions.

This is not a transactional role. The ideal candidate must demonstrate strong critical thinking, ownership of financial accuracy, and the ability to identify and resolve discrepancies independently. The candidate should be comfortable operating in a fast-paced, evolving environment and be proactive in improving processes and controls.

Role Mission:

To ensure accurate, timely, and complete financial reporting while proactively identifying issues, improving processes, and supporting strategic decision-making across the portfolio.

Key Responsibilities:

General Ledger & Financial Reporting

• Maintain and reconcile general ledger accounts; prepare and review journal entries

• Own full month-end close process with strong self-review and variance analysis

• Prepare financial statement packages with supporting schedules and explanations

• Identify discrepancies and proactively resolve issues before review

Capital & Transaction Accounting

• Record equity contributions and distributions, including investor allocations

• Prepare and record acquisition and disposition entries, including gain/loss calculations

• Prepare Construction Draw Funding entries

• Understand and account for 1031 exchange transactions

• Record and track intercompany activity and capital structures

Accounts Receivable & Tenant Analysis

• Review tenant ledgers and identify discrepancies, unapplied cash, or missing payments

• Investigate tenant disputes and reconcile balances with supporting documentation

• Ensure accurate billing and revenue recognition

Accounts Payable

• Oversee AP and AR processes; review entries for proper coding and accuracy.

• Identify and resolve discrepancies in AP transactions; perform necessary reconciliations.

• Process recurring financial transactions such as debt service, real estate taxes, and utility payments.

• Calculate and maintain Management/Acquisition Fee schedules for

Property-Level Accounting & Operations

• Lead CAM reconciliations and validate accuracy of recoveries

• Ensure lease terms are accurately reflected in financial reporting

• Monitor property-level financial performance and identify variances

• Track and record intercompany transactions, wire fees, and bank charges.

Management Fee Calculation Billing & Tracking

• Calculate and prepare management fess in accordance with PM agreements

• Ensure accuracy of fee structure and the supporting calculations across managed entities.

• Coordinate internal review and approval prior to posting

• Record and upload management fee charges in Yardi at the property level.

• Maintain supporting documentation for audit and reconciliation purposes.

Debt & Asset Management Support

• Maintain loan schedules and record financing activity

• Record deferred financing costs and amortization

• Support asset management with financial analysis and reporting

Process Improvements & Controls

• Identify inefficiencies and propose process improvements

• Develop and update SOPs to improve accuracy and consistency

• Ensure adherence to internal controls and accounting policies

Reporting & Compliance

• Prepare cash reports and support investor reporting requirements

• Assist with audits and tax support as needed

• Ensure compliance with GAAP and company policies

Requirements

• 5–8 years of experience in property accounting or real estate accounting

• Strong proficiency in Yardi (required)

• Advanced Excel skills

• Strong understanding of GAAP and real estate accounting concepts

• Experience with acquisitions, dispositions, and capital activity

• Ability to think critically and solve problems independently

• Strong attention to detail with a high level of accountability

• Excellent communication and organizational skills

Milestone Timeline

First 30 Days – Integration & Orientation

• Complete onboarding and system training

• Review property financials and identify initial discrepancies

• Understand capital structures and reporting requirements

By Day 60 – Independent Execution

• Own month-end close for assigned properties

• Begin handling capital activity and transaction entries

• Identify and communicate process improvement opportunities

By Day 90 – Ownership & Accuracy

• Fully manage assigned portfolio with minimal oversight

• Perform detailed variance analysis and provide explanations

• Support acquisition/disposition accounting

By Day 120 – Strategic Contributor

• Lead complex transactions and reporting

• Improve processes and documentation

• Serve as a key resource to the Controller and team

Benefits

• Work remotely Monday - Friday, 40 hours a week (no weekends)

• Did we mention it's REMOTE?!!

One of our core values at Zipdev is "Be authentic." that's why we encourage you to answer the application form in your own words; we are interested in getting to know you, not a digital assistant.

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