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Property Accountant

Adalease Property Management
Summerville, SC
Expired: over a month ago Applications are no longer accepted.
  • $50,000 to $70,000 Yearly
  • Full-Time
Job Description

Full Job Description

The team accountant is responsible for supporting project managers in the financial management of their projects. This may include reviewing budgets, and work plans; posting entries into the general ledger; analyzing financial transactions and statements financial reporting to banks for bank draws. This is a full-time position reporting to the Accounting Manager and is based near Charleston, SC. A successful Staff Accountant will:

Job Summary

This individual will be responsible for taking point with end-of-month closings including but not limited to the following:

Job Complexity & Critical Skills

  • The Staff Accountant must perform the job duties with a view toward projecting a professional and competent image. The timeliness and professional responses are key to this position.
  • The position is fundamental to the accounting and financial analysis of an Association as such requires knowledge of the accrual basis of accounting, with attention to detail, solid time management, and good interpersonal skills.

Essential Duties and Responsibilities: include the following but are not limited to the job specifications contained herein. Additional duties or job functions may be required as deemed necessary by supervisory personnel.

  • Prepare and deliver Financial Statement packages for an assigned portfolio of multifamily properties following quality standards as instructed. Verify correctness of information prior to submission.
  • Maintain project-related financial records, including contracts and change orders for construction projects.
  • Prepare Balance Sheet reconciliations and supporting schedules. Analyze the Balance Sheet and Income Statement accounts for accuracy.
  • Complete all general ledger accounting such as accruing for property taxes, insurance, and other property expenses.
  • Prepare and post journal entries to the General Ledger. Review periodic reports of general ledger accounts to ensure accuracy and correct errors prior to close of accounting period.
  • Review and analyze transactions from Accounts Receivables and Accounts Payable to ensure they have been accurately coded and recorded. Work with AP and AR to investigate, resolve, and/or report on discrepancies.
  • Research, analyze, identify, and explain any variances or unexplained items on the Income Statement and changes on the Balance Sheet.
  • Prepare additional financial reports to be included in the Financial Package as requested by our clients.
  • Analyze and post end-of-year audit adjusting entries.
  • Provide assistance and guidance to Property Management by answering questions regarding monthly Financial Statements and other related matters. Responsible for monthly financial statement package preparation.
  • Cross train for all accounting functions.
  • Assisting as directed by supervisor in preparing annual and monthly budgeting and forecasting.
  • Preparing various ad-hoc reports as requested.
  • Must have ability to prioritize and multi-task.
  • Assisting in accounting or operations projects from time to time as requested.
  • Manage operating cash accounts for assigned properties, including recording bank fees and preparing bank reconciliations.
  • Responsible for month-end close accounting and review
  • Ensure the accuracy of financial statements in accordance with GAAP and compliance to internal policies.

Job Qualifications:

  • Education: Bachelor's degree in Accounting or Business Administration required
  • Experience: 2-4 years of related experience; or equivalent combination of education and experience
  • Construction accounting a plus
  • Ability to calculate figures and amounts such as discounts, interest, commissions, management fees and various expense reimbursements. proportions, and percentages. Ability to apply concepts of basic algebra.
  • Ability to define problems, collects data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several dependent and concrete independent variables.
  • Ability to work remotely while being part of the virtual team and managing deliverables.


  • Excellent verbal and written communication
  • QuickBooks
  • Strong analytical skills complimented by clear verbal and written communication skills.
  • Fanatical discipline and relentless desire to do what needs to be done.
  • To perform this job successfully, an individual should have knowledge of Property Accounting software AppFolio ; Spreadsheet software and Word Processing software. Strong computer skills; proficiency in Excel is required.

Salary: Based on experience

  • Offering Sign on Bonus

Job Type: Full-time


  • 401(k)
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Physical setting:

  • Office


  • Monday to Friday

Ability to commute/relocate:

  • Summerville, SC 29483: Reliably commute or planning to relocate before starting work (Required)


  • QuickBooks: 1 year (Preferred)


  • Driver's License (Required)

Work Location: One location

Physical Setting


  • Office
Why Work Here?
Amazing local Property Management Company with continued growth.


Adalease Property Management

Summerville, SC


Real Estate

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