Property Management Accountant

NAI Sioux Falls Property Management is seeking a detail-oriented and proactive Property Management Accountant to provide vital support to our growing team. A Property Management Accountant is a specialized accountant responsible for managing financial activities related to properties owned, leased, or managed by a company.  

Key Responsibilities 

• Sales tax filings 
• Prepare and analyze financial statements for properties, including income statements, balance sheets, and cash flow statements. Calculate and issue annual NNN reconciliations. 
• Ensure accuracy and compliance with accounting standards and regulations. 
• Generate monthly and quarterly financial reports for property owners, investors, and management. 
• Develop and manage property budgets in collaboration with property managers and stakeholders, based on historical data, market trends, and projected expenses. 
• Monitor actual financial performance against budgets identifying variances and recommending corrective actions, as necessary. 
• Oversee the processing and approval of property-related expenses, including utilities, maintenance, repairs, insurance, and taxes. 
• Analyze expenditure patterns to identify cost-saving opportunities and improve efficiency. 
• Monitor rent payments and lease agreements, ensuring timely collection and accurate recording of rental income. 
• Review lease terms and conditions to ensure compliance with financial reporting requirements. 
• Coordinate with property managers to resolve tenant billing issues and disputes. 
• Identify opportunities to streamline accounting processes and improve efficiency through automation or process optimization. 
• Implement accounting software systems or upgrades to enhance reporting capabilities and data accuracy. 
• Maintain documentation and records to support audit trails, and regulatory filings. 
• Communicate financial information and analysis to stakeholders in a clear and concise manner. 
• Collaborate with property managers, leasing agents, and other departments to achieve financial objectives and resolve issues. 
• Participate in meetings and presentations to provide financial insights and support strategic initiatives. 
• Stay updated on industry trends, accounting principles, and best practices in property management accounting. 

• Pursue professional development opportunities such as certifications, training programs, and workshops to enhance skills and knowledge. 

Qualifications 

• Bachelor’s degree in accounting is preferred or an associate degree in accounting is required with 2 – 5 years of accounting experience. 
• Experience with Appfolio and Yardi Property Management Software 
• Proficient in MS Office (Excel, Word, Outlook, Teams)  
• Ability to learn new skills 
• Professional attitude and appearance 
• Self-starter, problem solver and proactive when issues arise 
• Time-management skills, with the ability to prioritize 

 Benefits 

• 80 Hours (accrued) PTO annually 
• Company-paid Individual Health Insurance (Avera Health) 
• Dental & Vision Insurance (employee paid) 
• 401K with 3% company match 
• Casual work environment with strong company culture 

This is a full-time position, 40 hours per week, Monday through Friday. Pay will be based on experience. NAI Sioux Falls is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status. 

Overall, a Property Management Accountant plays a critical role in ensuring the financial health and performance of properties under management, contributing to strategic decision-making and long-term success in the real estate industry. 

About NAI Sioux Falls 

NAI Sioux Falls is a renowned real estate and property management company specializing in commercial properties. With a strong presence in Sioux Falls, South Dakota, we have been serving our clients since 1986. We provide a wide range of services, including leasing, sales, property management, and consulting. Our team of experienced professionals is dedicated to delivering exceptional results and exceeding our clients' expectations. 

At NAI Sioux Falls, we value integrity, professionalism, and a customer-centric approach. We believe in building strong relationships with our clients and helping them achieve their real estate goals. With our deep knowledge of the Sioux Falls market, we offer unparalleled expertise and guidance to our clients. 

If you are looking to be part of a dynamic team in the fast-paced real estate industry, join us at NAI Sioux Falls. With our commitment to excellence and exceptional service, we are a leading force in the Sioux Falls real estate market. Apply today and be part of our success story!