Portfolio Accountant

BH Management
Hiring: Portfolio Accountant
Pay: $28.00 - $33.00/hr.
Location: Des Moines, IA (Hybrid Opportunity)

Position Summary:

The Portfolio Accountant (Internally known as Staff Accountant) is responsible for learning to oversee the day-to-day accounting functions for a portfolio of multifamily properties. The Staff Accountant will analyze the general ledger activity, prepare monthly financial statements, and manage cash position of a portfolio. Represents the company in a professional and courteous manner.

Essential Job Functions:

• Responsible for portfolio of multifamily rent properties; analyzing general ledger activity to ensure revenue and expense are correctly recognized and prepared in agreement with the client requirements and the applicable accounting principles.
• Prepares monthly financial statements for the assigned portfolio to ensure an accurate representation of the company’s financial position; including but not limited to closing entities books on a monthly basis, preparing journal entries, balance sheet and income statement analysis and reconciliation.
• Manages cash position of portfolio; calculating distributions per client requirements, committing cash to approved payables and communicating any cash deficits for funding.
• Manages capital escrows, verifying repairs are completed on a timely basis, and submitted per terms of loan agreements.
• Completes bank reconciliations on a monthly basis and assists in the detection/correction of adjustments in a timely manner.
• Completes special projects as assigned.

Minimum Qualifications/Skills:

• 4-year accounting degree, or equivalent experience
• Knowledge of standard accounting practices and procedures
• Microsoft Excel and Microsoft Office application skills
• Strong written and oral communication skills
• Ability to work in a fast paced, deadline driven environment

Desired Qualifications/Skills:

• Bachelors or Associates degree in Accounting or Related Field

BH/B.HOM is an Equal Employment Opportunity Employer. We foster the diverse voices of our community by advocating for inclusivity, celebrating our differences, and continually evolving our practice to make BH/B.HOM a better place to work and live.

Job Type: Full-time

Pay: $28.00 - $33.00 per hour

Work Location: In person