TITLE: Senior Accountant - Property 

REPORTS TO: Associate Director of Accounting-Property Management 

DEPARTMENT: Accounting 

STATUS:  Full-Time  

FLSA STATUS: Exempt 

WAGE RANGE:  $95,347 - $103,760 annually 

GRANT FUNDED: No 

UNION POSITION: Yes 

LOCATION: 145 Taylor Street, San Francisco CA 94102 

SCHEDULE: Hybrid 3 days onsite, 2 Days remote 

 

SUMMARY 

Under the direct supervision of the Associate Director of Property Accounting, the Senior Property Accountant is responsible for full-cycle accounting of a portfolio of properties. This includes all rental transactions, month-end closing, general ledger account analysis, reconciling interfund accounts, reconciling bank accounts, performing internal audits, preparing audit schedules and other related accounting duties of the organization. 

 

 

ESSENTIAL DUTIES

Financial Operations & Reporting:

• Perform full-cycle accounting for a portfolio of properties, including all revenue, expense, and general ledger activities 


• Prepare timely and accurate monthly, quarterly, and annual financial statements and variance analyses 


• Complete month-end and year-end close processes, ensuring adherence to established deadlines and reconciling schedules 


• Prepare and submit required financial reports to lenders, regulatory agencies, and other external stakeholders 

Accounts Receivable & Tenant Accounting:

• Oversee accounts receivable functions, including tenant billing, subsidy postings, and rent collections 


• Reconcile tenant sub-ledgers and ensure alignment with the general ledger 


• Review and post rent payments, including electronic and check-based transactions (e.g., Yardi Checkscan) 


• Monitor tenant accounts and aging reports; research and resolve discrepancies 


• Track resident move-outs and ensure accurate, timely processing of security deposit refunds in compliance with regulations 

Reconciliations & General Ledger Management:

• Prepare and review monthly bank reconciliations and resolve outstanding items 


• Reconcile all general ledger accounts, including intercompany/interfund accounts, on a monthly basis 


• Prepare and post journal entries with clear documentation and audit trails 


• Ensure financial data integrity across systems and reports 

Compliance, Controls & Audits:

• Ensure compliance with internal policies, procedures, and internal controls, as well as affordable housing regulations (e.g., LIHTC, HUD, or other applicable programs) 


• Perform periodic internal audits to assess accuracy and compliance 


• Prepare audit schedules and support external auditors during annual audits 


• Ensure internal financial statements align with audited financial statements 

Collaboration & Cross-Functional Support:

• Partner with Property Management and Leasing teams to ensure accurate rent rolls, occupancy data, and billing 


• Produce and present financial statements and other key reports to Housing Development team for new properties  


• Collaborate with Asset Management on financial performance, budgets, and operational insights 


• Provide financial data and support for grant reporting, lender compliance, and regulatory submissions 


• Serve as a key accounting liaison to Property Management and provide guidance or training on financial systems (e.g., Yardi) 

Cash Management & Analysis:

• Monitor property-level cash flow and ensure proper recording of intercompany transactions 


• Assist in identifying cash needs, funding requests, and operational variances 


• Support budget tracking and financial performance analysis 


• Other Responsibilities 


• Contribute to process improvements and system efficiencies within the accounting function 


• Maintain organized and complete financial records and documentation