Accountant

Avenue5 Residential, LLC
Phoenix, AZ Full Time
POSTED ON 5/25/2024 CLOSED ON 6/4/2024

What are the responsibilities and job description for the Accountant position at Avenue5 Residential, LLC?

Avenue5 is growing, and we are in search of an property accountant to join our dynamic team of Fivers!

About Us

We are a vibrant third-party multifamily property management firm with locations across the United States. We are proud of our vibrant, inclusive, make-it-happen culture, where we:

  • Listen to our associates, recognize them, and give them room to grow
  • Invest in our associates to help them become the best version of themselves
  • Approach every important decision with our associates in mind
  • Celebrate our associates’ successes and encourage them to raise the bar even higher

About the Property Accountant Role

We’re looking for a talented property accountant who will be responsible for the general ledger accounting activities including, balance sheet reconciliations, and the preparation of monthly property financial reporting packages. The property accountant will also be responsible for the property accounting for 6-10 properties including, collaborating with property managers and regional leadership to ensure accurate, timely, and complete property execution from a financial standpoint.

Property Accountant Responsibilities and Objectives

  • Compile and analyze financial information for month-end and year-end close including the preparation of supporting schedules and work papers.
  • Prepare monthly reporting packages for 6-10 properties, including financial statements and bank reconciliations.
  • Prepare journal entries and ensure that the general ledger activity is accurate and complete.
  • Handle cash management including, cash application and reconciliations.
  • Collaborate with property managers and regional leadership to ensure timely and accurate pre-close activities are recorded.
  • Proactively follow up with clients regarding property profitability and address client inquiries in a timely manner.
  • Support accounts payable and accounts receivable functions.
  • On-board new properties to ensure correct set-up, make necessary adjustments and produce accurate financial statements.
  • Perform other related duties or ad hoc projects within the scope of responsibilities.

Education and Experience

  • Bachelors’ degree in accounting or another business-related field is required.
  • Five or more years of experience in an accounting role is required.
  • Three or more years of experience in multi-family property management accounting is preferred.
  • Experience in Yardi Voyager or other equivalent system is preferred.
  • Strong knowledge of GAAP is required.

Skills and Requirements

  • Excellent written and verbal communication skills.
  • Intermediate to advanced level knowledge with MS Office Suite including Outlook, Word, PowerPoint and Excel (including Excel functions).
  • Strong attention to detail with a focus on accuracy.
  • Ability to meet deadlines.
  • Ability to perform advanced mathematical functions.
  • Ability to perform cash forecasting, planning and management.
  • Ability to read and understand financial statements.
  • Ability to work independently and prioritize effectively in a fast-paced environment.

Scheduling

  • Typically, Monday-Friday 8am – 5pm
  • Hybrid

Environment

  • Exposure to environment typically found in an office building.

Physical Requirements

Avenue5 will make reasonable accommodations to enable individuals with disabilities to perform the essential functions. These functions include, but are not limited to:

  • Ability to lift, push and pull up to 25 pounds.
  • Hearing and visual ability to observe and detect signs of emergency required.
  • Must be able to sit, stand, reach, bend and stoop for extended periods of time.
  • Talking and expressing or exchanging ideas by means of the spoken word. Those activities in which they must convey detailed or important spoken instructions to other workers accurately, loudly, or quickly.
  • Perceiving the nature of sounds at normal speaking levels with or without correction.
  • Ability to receive detailed information through oral communication, and to make the discriminations in sound.
  • Visual requirements including color, depth perception, and field vision.
  • Ability to compare, copy, coordinate, synthesize, negotiate, communicate, and instruct.
  • Ability to tolerate stressful situations.
  • Ability to work under minimal to moderate supervision.

This job description is not an all-inclusive list of functions and tasks. Over the length of employment these functions and tasks may change.

Diversity

Diversity creates a healthier atmosphere: Avenue5 is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

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