Property Accountant Job at Kibo Capital, Brentwood, TN

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  • Kibo Capital
  • Brentwood, TN

Job Description

Job Description

Job Description

Salary:

Role Summary:The Property Accountant owns full-cycle accounting for an 840-unit multifamily portfolio, ensuring timely month-end close, accurate financial reporting, and clear communication with onsite teams. This role manages day-to-day cash activity, general ledger integrity, and property-level analyses that support operational and ownership goals.

Key Responsibilities:

Month-End Close & Reporting

  • Prepare monthly financial reports for each property; analyze variances and provide concise narratives.
  • Post recurring/accrual journal entries; maintain schedules for prepaid, fixed assets, and other balance-sheet accounts.
  • Complete and document account reconciliations, including bank, security deposits, and intercompany.

General Ledger & Cash Management

  • Maintain accurate tenant/resident ledgers; review move-in/move-out activity, concessions, write-offs, and late fees for compliance with policy.
  • Perform daily cash updates and monitor cash positions; ensure proper coding of AP/AR transactions.
  • Assist with bank reconciliations and cash activity reviews.

Property Operations Support

  • Partner with property operations teams on pre-close/close activities; maintain clear, proactive communication.
  • Produce site-level analyses and dashboards to inform operations and ownership decisions.

Budget/Administrative

  • Assist with annual budgets and reforecasts.
  • Coordinate property tax, insurance, and lender/owner reporting as needed
  • Prepare presentations for financial and board meetings

Qualifications:

  • Education: Bachelors degree in Accounting, Finance, or related field.
  • Experience: 13+ years of accounting experience required; property or real estate accounting experience strongly preferred (multifamily a plus).
  • Technical: Proficient with Microsoft Excel (pivot tables, lookups), and familiar with property management/accounting platforms (e.g., AppFolio preferred, Yardi, RealPage, MRI).
  • Skills: Detail-oriented with strong organization, deadlines focus, and clear written/verbal communication; able to partner effectively with onsite teams and leadership.

At Kibo, full-time employees enjoy a comprehensive benefits package designed to support health, financial security, and worklife balance. This role is a hybrid position with three in-office days per week.

Kibo is Certified as a Great Place to Work!

Job Tags

Full time, Work at office, 3 days per week,

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