Live opening · Posted 7 hours ago
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About the role
Description supplied by the original job listing.
Overview
Avanath is a real estate private equity firm focused on the preservation of affordable housing across the United States. Avanath owns and manages over 15,000 apartment units totaling $4.0 Billion of assets under management across three investment funds. Avanath manages the investment of large institutional pension funds, retirement systems, endowments, etc.
The Role
At Avanath, we believe that great things happen when talent and opportunity cross paths. We empower our employees to be successful by promoting diversity and teamwork within a positive, rewarding atmosphere.
The Property Accountant will handle the financial aspect of residential property management.
The accountant must maintain a thorough understanding of property management financial processes, adhere to industry regulations, and contribute to the overall efficiency of the accounting function. Strong attention to detail, organizational skills, and proficiency in relevant accounting software are essential for success in this role.
Qualifications
Bachelor’s degree in finance/accounting or related
3+ years of experience in property
Understanding of and experience in residential real estate accounting concepts and principles are a plus but not
Must possess intermediate skill level of Microsoft Office Suite (Word, Excel, PowerPoint), Yardi, Internet and email
Strong interpersonal skills as well as strong verbal and written communication skills
Ability to interact effectively with senior executives, business vendors, community associates and investor contacts as
Ability to work well under time and other
Strong attention to detail and thoroughness are required for this position
Key Accountabilities
Accounting
Assisting in the onboarding of currently outsourced residential property management accounting functions, including Bank Reconciliation, Account Reconciliation, AP, Fixed Assets, Accruals, Debt Service, Monthly Close, and other G/L functions.
Serve as an accounting liaison to Property Management, Acquisitions, Asset Management, and other groups within Avanath to facilitate collaboration and success for the accounting department.
Facilitates the accounting close process and creates monthly reporting packages and financial statements.
Assists with ad hoc analysis, reporting, and special projects, as needed.
Community Relations + Customer Service
Positive interaction and communication with communities regarding operational concerns.
Assist the team in creating and implementing systems that provide necessary services to property management, community personnel, or investor
Adherence to PM Rules, Regulations and Guidelines
Respond to any potential housing violations and liability concerns regarding the property in a prompt, transparent and effective
Physical Demands & Working Conditions
The incumbent in this is classified as essential staff and is expected to report to work and adhere to all safety and business protocols.
Frequent sitting and walking.
Occasional travel to other business offices, communities, and events via airline, trains, and automobiles.
Repetitive use of computer, keyboard, mouse, and phone
Reading, comprehending, writing, performing calculations, communicating verbally.
May work in an elevated site, may walk on uneven ground.
Occasional squatting, bending neck/waist, twisting neck/waist, pushing, and pulling.
How Avanath Supports You
We know that our teams are the heart of our success and growth, and we are committed to showing our appreciation.
We offer:
Culture Built on Purpose and Core Values - a Commitment to Integrity, a Spirit of Caring, and a Focus on Continuous Improvement.
Comprehensive Benefits – health, dental & vision, 401(k), personal time off, paid holidays and more!
Growth is based on achievement and an emphasis on promoting from within our ranks versus just external candidates.
Development – a commitment to creating opportunities to learn and expand your knowledge in the industry, from online training platforms to training
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