Description Company Overview Bell Properties, Inc. is a premier property management firm specializing in residential, commercial, affordable housing, and industrial properties across California. With a strong focus on operational excellence, financial integrity, and client satisfaction, we manage a diverse portfolio while ensuring compliance with industry regulations and best practices. We are seeking a Property Accountant to join our San Francisco team. This role plays a critical part in maintaining the financial health of our managed properties, ensuring accurate reporting, and supporting the overall financial operations of the company. Position Summary The Property Accountant is responsible for handling all accounting functions related to a portfolio of properties, including financial reporting, budgeting, accounts payable/receivable, reconciliations, and compliance with accounting standards. This individual will work closely with property managers, owners, and the finance team to ensure accurate and timely financial information. Key Responsibilities 1. Financial Reporting & Month-End Close Prepare and analyze monthly, quarterly, and annual financial statements for assigned properties. Complete month-end and year-end close processes, including journal entries and reconciliations. Generate and review financial reports, including income statements, balance sheets, and cash flow statements. Work with property managers to ensure financial data aligns with property performance goals. 2. General Ledger & Reconciliations Maintain and reconcile general ledger accounts for assigned properties. Perform bank reconciliations for multiple accounts, ensuring accuracy and proper documentation. Investigate and resolve discrepancies in financial records. 3. Accounts Payable & Receivable (AP/AR) Management Process and review accounts payable invoices, vendor payments, and utility bills . Monitor and track accounts receivable , including tenant rent payments and late fees. Work with property managers to ensure timely collection of outstanding balances. Prepare tenant CAM (Common Area Maintenance) reconciliations and annual escalations. 4. Budgeting & Forecasting Assist in the preparation of annual property budgets and reforecasts. Track budget variances and provide financial insights to property managers and owners. Support the preparation of financial models and cash flow projections. 5. Compliance & Tax Support Ensure compliance with GAAP (Generally Accepted Accounting Principles) and accrual-based accounting standards. Assist in tax preparation and reporting , including property tax filings and 1099 processing. Maintain compliance with rent control, affordable housing, and HUD accounting regulations where applicable. 6. Audit & Internal Controls Assist with external audits, financial reviews, and internal controls to ensure financial accuracy. Maintain accurate records and documentation for audits and owner inquiries. 7. Owner & Stakeholder Relations Prepare and distribute monthly financial reports to property owners and investors. Address owner inquiries regarding property financials and provide necessary support. Assist in investment reporting and fund accounting as needed. Qualifications & Experience Minimum Qualifications: ? Education: Bachelor’s degree in Accounting, Finance, Business Administration, or related field. ? Experience: 3-5 years of property accounting experience in multifamily, commercial, industrial, or affordable housing sectors. Hands-on experience with general ledger accounting, financial reporting, and budget management. Strong understanding of GAAP and accrual-based accounting principles. ? Technical Skills: Proficiency in property management accounting software (Yardi, AppFolio, MRI, RealPage, or similar). Advanced Excel skills (Pivot Tables, VLOOKUP, financial modeling). Experience with AP/AR, reconciliations, financial reporting, and budgeting. ? Regulatory & Compliance Knowledge: Understanding of California landlord-tenant laws, affordable housing accounting, and HUD/LIHTC reporting. ? Communication & Problem-Solving Skills: Strong ability to analyze financial data, identify discrepancies, and provide solutions. Excellent written and verbal communication skills for interacting with property managers, owners, and auditors. Preferred Qualifications: ? Industry Experience: Previous accounting experience with REITs, institutional investors, or affordable housing programs. Familiarity with Section 8, LIHTC, or rent control accounting . ? Certifications (Preferred but not required): CPA (Certified Public Accountant) or working towards CPA certification . CPM (Certified Property Manager) – Ideal for candidates with property management exposure. ? Process Improvement & Technology Skills: Experience with financial automation tools, dashboards, or BI reporting platforms. Ability to improve accounting workflows and enhance reporting efficiencies. Key Competencies & Soft Skills: Analytical Thinking & Detail Orientation: Ability to identify financial discrepancies and resolve issues efficiently. Time Management & Multitasking: Ability to handle multiple properties and meet strict deadlines. Leadership & Collaboration: Works well with property managers, executives, and team members. Adaptability & Proactiveness: Ability to anticipate financial risks and take corrective actions. Compensation & Benefits Salary: Competitive salary based on experience + performance-based bonuses. Benefits Package: Medical, dental, and vision insurance. (50% company sponsored) from day 1. 401(k) with company match. Paid time off (PTO) and paid holidays. Two floating company holidays. Professional development and CPA certification support. Hybrid work flexibility (office + remote). Why Join Bell Properties, Inc.? ? Industry Leader: We manage high-quality residential, commercial, and affordable housing portfolios.
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