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Property Accountant - Student Housing

Property Accountant - Student Housing

University PartnersDallas, TX, US
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Job Description

Job Description

ABOUT UNIVERSITY PARTNERS :

UNIVERSITY PARTNERS IS WITHIN THE TOP 15 OWNER / OPERATORS IN THE COUNTRY, POSSESSES MORE THAN 20 YEARS OF EXPERIENCE IN ACQUIRING, DEVELOPING, AND MANAGING STUDENT HOUSING COMMUNITIES. WITH 500+ EMPLOYEES, 46 PROPERTIES, AND OVER 25,000 BEDS, UNIVERSITY PARTNERS PROVIDES THE BEST IN SERVICE AND SUSTAINABILITY. OUR COMPETITIVE SPIRIT AND TEAM APPROACH ALLOWS US TO MOVE QUICKLY AND MAKE THE MOST OF EVERY OPPORTUNITY. WE ARE TEAM PLAYERS WITH ALL WHO PARTNER WITH US. AS EXCEPTIONAL LEADERS AND GOOD LISTENERS, WE CHEER FOR EVERYONE’S WIN. WE NOT ONLY OFFER THE BEST IN STUDENT LIVING, BUT WE ALSO OFFER PEACE OF MIND.

Opportunity Overview

Assist the Vice President with accounting execution of assigned student housing property-level financial information and prepare financial statements in a timely and accurate manner.  The candidate will be expected to exhibit creative and flexible skills, working in a relatively small, yet growing environment.

Responsibilities and Duties

  • Perform full-cycle accounting, including full accounts payable processing, journal entries, monthly accruals / amortizations, and Balance Sheet reconciliations.
  • Responsible for multiple student housing properties within Company portfolio.
  • Respond to Property Managers’ questions regarding monthly charges, invoice coding, and month-end reporting.
  • Assist with preparation of annual budget.
  • Review monthly charges, Gross Potential Rent report, and other AR balances.
  • Calculate monthly property management fees and process payments.
  • Prepare month-end reporting packages and review and analyze budget-to-actual variances.
  • Prepare annual work papers and reconciliations for year-end tax returns and external audit.
  • Assist Property Accounting Manager and Vice President with cash flow analyses.

Qualifications

  • Bachelor’s degree in Accounting
  • 1 - 5 years of prior Real Estate property-level accrual basis accounting
  • Student housing or multifamily property accounting experience preferred
  • Proficiency in Microsoft Excel application
  • Experience with Entrata, MRI, and / or Yardi accounting software preferred
  • Candidate needs to be coachable, enthusiastic, creative, flexible, display strong technical aptitude, detail oriented with strong analytical and problem-solving skills
  • Selling Points

  • Growth-centric working environment
  • Competitive benefits package, including 401K match program
  • Unlimited PTO policy
  • WFH Fridays
  • Location – Downtown Dallas - Bank of America Plaza (“green” building)

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    Property Accountant • Dallas, TX, US

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