Senior Portfolio Accountant
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Job Description
Floating Sr. Portfolio Accountant handling advanced-level accounting tasks at Greystar. Overseeing workflows and ensuring continuity across accounting functions.
Responsibilities:
- Serves as a senior floating accountant who can step into lead or manager roles during planned and unplanned absences.
- Oversees team workflows.
- Reviews and approves other accountants’ work.
- Provides guidance, prioritization, and issue resolution.
- Ensures that deadlines, close activities, and control processes continue uninterrupted.
- Acts as a subject matter expert across multiple accounting areas, providing training, cross-coverage, and support to strengthen department continuity and reduce single points of failure.
- Analyzes and reviews accounting and financial activity related to property acquisitions, dispositions, valuations, and closings.
- Ensures accurate recording of capital expenditures, fixed assets, construction-in-progress (CIP), and depreciation in accordance with GAAP.
- Prepares and reconciles fixed asset schedules, property-level financial reports, and capital project budgets; monitors expenditures and ensures proper capitalization.
- Supports lease accounting functions, including reconciliation of rent schedules, common area maintenance (CAM) adjustments, and straight-line rent (ASC 842).
- Communicates with on-site and property management teams to support pre-close and close activities, resolve questions related to property operations, and ensure timely reporting for both company and client requirements.
- Compiles and analyzes financial information in preparation for entries into financial statements and accounting reports; prepares and reviews journal entries to the general ledger by verifying calculations, reviewing supporting documentation, and reconciling and balancing figures.
- Reviews budget, revenue, expense, payroll entries, invoices, and other accounting documents; researches and resolves discrepancies to ensure accuracy and compliance.
- Performs bank reconciliations, processes wire transfers, prepares mortgage payments and distributions, and ensures accuracy of cash and debt-related transactions.
- Maintains and coordinates accounting control procedures, including monitoring revenue and expenditure trends and recommending appropriate budget levels to support organizational financial control.
Requirements:
- Bachelor’s degree in Accounting, Finance, Business, or related field highly preferred.
- Demonstrated experience applying GAAP in accounting and financial reporting roles.
- Prior experience in property, real estate, or fixed asset accounting strongly preferred.
- Experience at a level beyond a Senior Accountant, with readiness to step into lead or managerial duties.
- Strong verbal and written communication skills with the ability to present and explain financial data to senior leaders, property managers, and auditors.
- Proficiency in word processing, spreadsheets, and property management accounting systems (e.g., Yardi, OneSite).
- Strong mathematical skills, including the ability to compute percentages and analyze complex financial data.
- Demonstrated expertise in GAAP, budgeting, cost control, property accounting, and financial reporting.
- Strong analytical, organizational, and problem‑solving skills with the ability to handle complex assignments and leadership responsibilities.
- Ability to provide interim supervision, review work of others, and support team leadership functions.
Benefits:
- Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
- Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
- Generous Paid Time off.
- All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays.
- Plus your birthday off after 1 year of service!
- Additional vacation accrued with tenure.
- For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
- 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
- 401(k) with Company Match up to 6% of pay after 6 months of service.
- Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
- Employee Assistance Program.
- Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
- Charitable giving program and benefits.
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