Junior Property Accountant

Position Summary
Aszkenazy Development Inc. is seeking a motivated and detail-oriented Junior Property Accountant to support the accounting operations for a portfolio of residential and commercial properties. This role will assist with daily accounting activities while also supporting the monthly close process, financial reporting, and property-level accounting functions.

The ideal candidate is organized, analytical, and interested in developing expertise in real estate and property management accounting, including property financials, reconciliations, and capital expenditure tracking.

Key Responsibilities

Accounts Payable & Vendor Processing

• Review, code, and enter vendor invoices into the accounting system
• Ensure invoices are accurately allocated to the appropriate property and general ledger accounts
• Assist with weekly check runs and electronic payments
• Maintain vendor files including W-9 documentation and payment records
• Coordinate with property management staff regarding invoice approvals and expenses

Tenant Accounting & Accounts Receivable

• Post tenant payments and reconcile rent receipts
• Assist with tenant charge adjustments and account reconciliations
• Monitor accounts receivable balances and support collection follow-up when needed
• Assist with reconciliation of tenant ledgers and rent rolls

General Ledger & Reconciliations

• Assist with bank and credit card reconciliations for multiple properties
• Prepare and post journal entries as directed
• Maintain accurate general ledger records and supporting documentation
• Review transactions to ensure proper coding and classification

Month-End Close & Financial Reporting

• Support monthly close procedures for multiple properties
• Assist in preparation of monthly financial statements and supporting schedules
• Assist with variance analysis and financial reporting tasks
• Track capital expenditures, improvements, and major repair expenses

Property Accounting Functions

• Assist with operating expense tracking and reconciliations
• Support preparation of common area maintenance (CAM) reconciliations where applicable
• Assist with annual budget preparation and financial projections
• Maintain organized financial records for each property

Administrative & Compliance

• Maintain organized accounting files and digital records
• Assist with documentation for audits, tax preparation, and lender reporting
• Support accounting process improvements and special projects as assigned

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field preferred
• 1–3 years of accounting or property accounting experience preferred
• Experience with Yardi accounting software is highly desirable
• Strong proficiency in Microsoft Excel and Microsoft Office
• Excellent organizational and analytical skills
• Strong attention to detail and ability to manage multiple properties and deadlines
• Ability to work independently while collaborating with the property management team

Compensation

• Salary range: $65,000 – $72,000, depending on experience and qualifications
• Opportunity for professional growth within a growing real estate organization
• Paid vacation and holiday pay
• 401k with employer matching
• Medical and dental insurance (company contribution towards premiums)