Property Accountant

Company Overview

Bell Properties Inc. is a premier property management firm specializing in residential commercial affordable housing and industrial properties across California. With a strong focus on operational excellence financial integrity and client satisfaction we manage a diverse portfolio while ensuring compliance with industry regulations and best practices.

We are seeking a Property Accountant to join our San Francisco team. This role plays a critical part in maintaining the financial health of our managed properties ensuring accurate reporting and supporting the overall financial operations of the company.

Position Summary

The Property Accountant is responsible for handling all accounting functions related to a portfolio of properties including financial reporting budgeting accounts payable/receivable reconciliations and compliance with accounting standards. This individual will work closely with property managers owners and the finance team to ensure accurate and timely financial information.

Key Responsibilities

1. Financial Reporting & MonthEnd Close

• Prepare and analyze monthly quarterly and annual financial statements for assigned properties.
• Complete monthend and yearend close processes including journal entries and reconciliations.
• Generate and review financial reports including income statements balance sheets and cash flow statements.
• Work with property managers to ensure financial data aligns with property performance goals.

2. General Ledger & Reconciliations

• Maintain and reconcile general ledger accounts for assigned properties.
• Perform bank reconciliations for multiple accounts ensuring accuracy and proper documentation.
• Investigate and resolve discrepancies in financial records.

3. Accounts Payable & Receivable (AP/AR) Management

• Process and review accounts payable invoices vendor payments and utility bills.
• Monitor and track accounts receivable including tenant rent payments and late fees.
• Work with property managers to ensure timely collection of outstanding balances.
• Prepare tenant CAM (Common Area Maintenance) reconciliations and annual escalations.

4. Budgeting & Forecasting

• Assist in the preparation of annual property budgets and reforecasts.
• Track budget variances and provide financial insights to property managers and owners.
• Support the preparation of financial models and cash flow projections.

5. Compliance & Tax Support

• Ensure compliance with GAAP (Generally Accepted Accounting Principles) and accrualbased accounting standards.
• Assist in tax preparation and reporting including property tax filings and 1099 processing.
• Maintain compliance with rent control affordable housing and HUD accounting regulations where applicable.

6. Audit & Internal Controls

• Assist with external audits financial reviews and internal controls to ensure financial accuracy.
• Maintain accurate records and documentation for audits and owner inquiries.

7. Owner & Stakeholder Relations

• Prepare and distribute monthly financial reports to property owners and investors.
• Address owner inquiries regarding property financials and provide necessary support.
• Assist in investment reporting and fund accounting as needed.

Qualifications & Experience

Minimum Qualifications:

Education:

• Bachelors degree in Accounting Finance Business Administration or related field.

Experience:

• 35 years of property accounting experience in multifamily commercial industrial or affordable housing sectors.
• Handson experience with general ledger accounting financial reporting and budget management.
• Strong understanding of GAAP and accrualbased accounting principles.

Technical Skills:

• Proficiency in property management accounting software (Yardi AppFolio MRI RealPage or similar).
• Advanced Excel skills (Pivot Tables VLOOKUP financial modeling).
• Experience with AP/AR reconciliations financial reporting and budgeting.

Regulatory & Compliance Knowledge:

• Understanding of California landlordtenant laws affordable housing accounting and HUD/LIHTC reporting.

Communication & ProblemSolving Skills:

• Strong ability to analyze financial data identify discrepancies and provide solutions.
• Excellent written and verbal communication skills for interacting with property managers owners and auditors.

Preferred Qualifications:

Industry Experience:

• Previous accounting experience with REITs institutional investors or affordable housing programs.
• Familiarity with Section 8 LIHTC or rent control accounting.

Certifications (Preferred but not required):

• CPA (Certified Public Accountant) or working towards CPA certification.
• CPM (Certified Property Manager) Ideal for candidates with property management exposure.

Process Improvement & Technology Skills:

• Experience with financial automation tools dashboards or BI reporting platforms.
• Ability to improve accounting workflows and enhance reporting efficiencies.

Key Competencies & Soft Skills:

Analytical Thinking & Detail Orientation: Ability to identify financial discrepancies and resolve issues efficiently.
Time Management & Multitasking: Ability to handle multiple properties and meet strict deadlines.
Leadership & Collaboration: Works well with property managers executives and team members.
Adaptability & Proactiveness: Ability to anticipate financial risks and take corrective actions.

Compensation & Benefits

Salary: Competitive salary based on experience performancebased bonuses.
Benefits Package:

• Medical dental and vision insurance. 50 company sponsored) from day 1.
• 401(k) with company match.
• Paid time off (PTO) and paid holidays.
• Two floating company holidays.
• Professional development and CPA certification support.
• Hybrid work flexibility (office remote).

Why Join Bell Properties Inc.

Industry Leader: We manage highquality residential commercial and affordable housing portfolios.
Career Growth: Opportunities for professional development and upward mobility.
Supportive Work Environment: Collaborative culture with strong leadership.
TechnologyDriven: We leverage innovative property management software and automation tools.

How to Apply

If you are a detailoriented property accountant looking for a dynamic and rewarding opportunity we encourage you to apply! Please submit your resume and cover letter ONLINE AT www.BellProperties.pro/jobs.

Bell Properties Inc. is an Equal Opportunity Employer.

Property Accountant Job Requirements

Bell Properties San Francisco

To be considered for the Property Accountant role at Bell Properties Inc. candidates must meet the following minimum and preferred qualifications skills and experience:

Minimum Qualifications:

Education & Certification:

• Bachelors degree in Accounting Finance Business Administration or a related field.
• CPA designation (preferred but not required) or actively working towards CPA certification.

Experience:

• 35 years of property accounting experience preferably in multifamily commercial industrial or affordable housing.
• Experience with GAAPcompliant financial reporting monthend close reconciliations and financial analysis.
• Handson experience with accounts payable (AP) accounts receivable (AR) and tenant ledger reconciliations.

Technical Skills:

• Property Management Accounting Software: Experience with Yardi AppFolio MRI RealPage or similar platforms.
• Excel Proficiency: Strong skills in Pivot Tables VLOOKUP and financial modeling.
• General Ledger (GL) Accounting: Familiarity with journal entries accrual accounting and adjusting entries.

Regulatory & Compliance Knowledge:

• Understanding of California landlordtenant laws rent control policies and property tax regulations.
• Knowledge of HUD Section 8 LIHTC and affordable housing accounting requirements is a plus.

Financial Acumen & Reporting:

• Ability to analyze financial data identify discrepancies and provide solutions.
• Experience preparing income statements balance sheets and cash flow reports for multiple properties.

Communication & Stakeholder Management:

• Strong written and verbal communication skills to interact with property managers owners vendors and auditors.
• Ability to explain complex financial data to nonaccounting professionals.

Work Environment & Availability:

• Ability to work in a hybrid setting (onsite & remote flexibility).
• Available for monthend close deadlines audits and occasional urgent financial matters.

Preferred Qualifications:

IndustrySpecific Experience:

• Experience working with real estate investment firms REITs or institutional property owners.
• Background in HOA mixeduse or largescale residential property accounting.
• Prior experience in fund accounting investor reporting or capital expense budgeting.

Advanced Certifications (Preferred but Not Required):

• CPA (Certified Public Accountant) or working towards CPA certification.
• CPM (Certified Property Manager) for candidates with property management exposure.
• CMA (Certified Management Accountant) for those specializing in financial management.

Technology & Process Improvement Experience:

• Experience implementing financial automation tools or business intelligence dashboards.
• Ability to streamline accounting workflows reporting processes and financial reconciliation methods.

Multilingual Skills (Preferred but Not Required):

• Fluency in Spanish Mandarin or another commonly spoken language in California real estate.

Key Competencies & Soft Skills:

Analytical & DetailOriented: Ability to detect discrepancies and resolve financial issues efficiently.
Time Management & Organization: Ability to meet deadlines and manage multiple properties/accounts.
ProblemSolving & Initiative: Ability to proactively identify financial risks and implement solutions.
Collaboration & Teamwork: Works well with property managers executives and support teams.
Adaptability & Continuous Learning: Keeps up with real estate accounting trends laws and best practices.

Work Environment & Physical Demands:

• Hybrid role with occasional travel to property sites owner meetings or audit sessions.
• Ability to sit for extended periods use a computer for financial analysis and occasionally lift office materials 25 lbs).

Compensation & Benefits:

Salary: Competitive base salary (DOE) Performancebased bonuses
Benefits Package:

• Health dental and vision insurance
• 401(k) with company match
• Paid time off (PTO) and paid holidays
• CPA certification and continuing education reimbursement
• Hybrid work flexibility

How to Apply:

Qualified candidates should submit their resume and cover letter online at www.BellProperties.pro/jobs.

Bell Properties Inc. is an Equal Opportunity Employer and encourages applications from diverse backgrounds.