Pennrose

Property Accountant(s)

Pennrose  •  Philadelphia, PA (Onsite)  •  1 month ago
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Job Description

Responsible for assisting the Controller with the day-to-day reporting of the Company’s managed properties by maintaining accurate books and records of each property and providing analysis and support.

The Property Accountant will be responsible for creating a professional work environment, which reflects the PMC priorities of customer service, respect and collegiality among property team members, full compliance with the regulatory requirements, while following company policies and procedures and applicable regulations. In addition, the Staff Accountant will be responsible for presenting to PMC and ownership periodic reports on financial issues.

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Responsibilities

  • Completes monthly and quarterly reporting packages and prepares reporting packages for distribution within established deadlines.
  • Reconciles all bank accounts associated with each property in assigned portfolio on a monthly basis.
  • Responsible for cash management of each property on a daily basis.
  • Prepares and enters all journal entries necessary to maintain balance sheet and income statement accounts to accurately reflect financial activity and balances.
  • Prepares workpapers for annual audit by outside auditors.
  • Assists with the preparation of annual budgets for all properties in assigned portfolio.
  • Maintains debt service schedules and verifies all debt service and reserve and escrow payments are made as required.
  • Completes periodic site visits and reports in accordance with company policy.
  • Performs other accounting tasks as assigned.

Qualifications

  • Bachelor’s degree in Accounting required
  • 2 years’ experience in general accounting required.
  • Requires valid driver’s license, insured vehicle and ability to travel (properties, offices, agencies, etc.)
Pennrose

About Pennrose

For over 50 years, Pennrose has combined quality development and proven management to create great lifestyles for our residents. We are committed to developing exceptional properties, constructed with quality materials, designed with features and amenities residents really want, and managed by a well-trained and dedicated staff.

As a nationally recognized developer of affordable, mixed-use, mixed-income, market-rate and master-planned communities, we believe in fostering neighborhoods that sustain future generations. Our dedication to partnering with host communities ensures that our developments are tailor-made - not standardized, one-size-fits-all solutions.

Our approach to management and the commitment we have to our residents, investors, and personnel we serve and work with, set us apart from other multi-family property management companies. We deliver the highest quality housing with a superior level of customer service to establish an enduring sense of community.

We bring it all together to provide quality development, proven management, and great lifestyles.

Industry
Real Estate & Property
Company Size
201-500 employees
Headquarters
Philadelphia, PA
Year Founded
1971
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