Property Accountant
TNDC, San Francisco, CA, United States
TITLE:
Accountant - Property
REPORTS TO:
Associate Director of Accounting-Property Management
DEPARTMENT:
Accounting
STATUS:
Full-time
FLSA STATUS:
Exempt
WAGE RANGE:
$78,696 - $85,640 annually
GRANT FUNDED:
No
UNION POSITION:
Yes
LOCATION:
145 Taylor Street, San Francisco CA 94102
SCHEDULE:
Hybrid 3 days onsite; 2 days remote
Summary
Under the direct supervision of the Associate Director of Property Accounting, the Property Accountant is responsible for full‑cycle accounting of a portfolio of properties. This includes all rental transactions, month‑end closing, general ledger account analysis, reconciling inter‑fund accounts, reconciling bank accounts, performing internal audits, preparing audit schedules and other related accounting duties of the organization.
Essential Duties
Financial Operations & Reporting
Perform full‑cycle accounting for a portfolio of properties, including all revenue, expense, and general ledger activities
Prepare timely and accurate monthly, quarterly, and annual financial statements and variance analyses
Complete month‑end and year‑end close processes, ensuring adherence to established deadlines and reconciling schedules
Prepare and submit required financial reports to lenders, regulatory agencies, and other external stakeholders
Accounts Receivable & Tenant Accounting
Oversee accounts receivable functions, including tenant billing, subsidy postings, and rent collections
Reconcile tenant sub‑ledgers and ensure alignment with the general ledger
Review and post rent payments, including electronic and check‑based transactions (e.g., Yardi Checkscan)
Monitor tenant accounts and aging reports; research and resolve discrepancies
Track resident move‑outs and ensure accurate, timely processing of security deposit refunds in compliance with regulations
Reconciliations & General Ledger Management
Prepare and review monthly bank reconciliations and resolve outstanding items
Reconcile all general ledger accounts, including intercompany/inter‑fund accounts, on a monthly basis
Prepare and post journal entries with clear documentation and audit trails
Ensure financial data integrity across systems and reports
Compliance, Controls & Audits
Ensure compliance with internal policies, procedures, and internal controls, and with affordable housing regulations (e.g., LIHTC, HUD, or other applicable programs)
Perform periodic internal audits to assess accuracy and compliance
Prepare audit schedules and support external auditors during annual audits
Ensure internal financial statements align with audited financial statements
Collaboration & Cross‑Functional Support
Partner with Property Management and Leasing teams to ensure accurate rent rolls, occupancy data, and billing
Produce and present financial statements and other key reports to Housing Development team for new properties
Collaborate with Asset Management on financial performance, budgets, and operational insights
Provide financial data and support for grant reporting, lender compliance, and regulatory submissions
Serve as a key accounting liaison to Property Management and provide guidance or training on financial systems (e.g., Yardi)
Cash Management & Analysis
Monitor property‑level cash flow and ensure proper recording of intercompany transactions
Assist in identifying cash needs, funding requests, and operational variances
Support budget tracking and financial performance analysis
Contribute to process improvements and system efficiencies within the accounting function
Maintain organized and complete financial records and documentation
Qualifications
Required Skills
Proven ability to follow directions and work independently.
Proven ability to efficiently reconcile balance sheet accounts.
Excellent interpersonal and organizational skills.
Ability to create various financial reports, identify unusual activities, and propose corrections.
Knowledge of double‑entry accounting, financial statement preparation and account analysis
Strong understanding of monthly close procedures
Physical Requirements
Ability to operate office equipment such as personal computers and calculators.
Ability to coordinate eyes, hands, and fingers in performing word processing, writing, reading, and similar tasks.
Ability to lift 15‑20 pounds.
Visual acuity is necessary to review documents.
Hearing acuity sufficient to use telephone and communicate with tenants, and staff.
Ability to perform sedentary to light physical work involves sitting most of the time.
Environmental Adaptability
Ability to work in an office environment.
Ability to travel to various work sites as needed.
Mathematical Ability & Communication
Ability to add, subtract, multiply, divide, and calculate decimals, ratios, percentages, and fractions.
Ability to calculate weights and measures.
Language and communication ability; comprehend and correctly use informational documents.
Ability to communicate effectively with residents, coworkers and staff at all levels, residents, government officials, both verbally and in writing.
Ability to keep abreast of changes in policy, regulations, methods, operations, etc. as they apply to compliance and occupancy procedures and activities.
Minimum Qualifications
Bachelor’s degree in accounting or finance
1‑2 years’ accounting experience, preferred in property or affordable housing accounting.
Strong understanding of Generally Accepted Accounting Principles
Prior experience contributing to audits
Preferred Qualifications
Knowledge of residential property management, building, systems, and housing quality standards.
Knowledge of Asset Management functions
Knowledge of Tax Credit, HUD, SFHA
Knowledge of report writing
Proficient in Microsoft Excel and Yardi Voyager (or similar property management/accounting software)
Tenderloin Neighborhood Development Corporation
is an Equal Opportunity Employer.
In compliance with the San Francisco Fair Chance Ordinance (August 13, 2014), all qualified applicants with criminal histories will be considered for the position.
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Accountant - Property
REPORTS TO:
Associate Director of Accounting-Property Management
DEPARTMENT:
Accounting
STATUS:
Full-time
FLSA STATUS:
Exempt
WAGE RANGE:
$78,696 - $85,640 annually
GRANT FUNDED:
No
UNION POSITION:
Yes
LOCATION:
145 Taylor Street, San Francisco CA 94102
SCHEDULE:
Hybrid 3 days onsite; 2 days remote
Summary
Under the direct supervision of the Associate Director of Property Accounting, the Property Accountant is responsible for full‑cycle accounting of a portfolio of properties. This includes all rental transactions, month‑end closing, general ledger account analysis, reconciling inter‑fund accounts, reconciling bank accounts, performing internal audits, preparing audit schedules and other related accounting duties of the organization.
Essential Duties
Financial Operations & Reporting
Perform full‑cycle accounting for a portfolio of properties, including all revenue, expense, and general ledger activities
Prepare timely and accurate monthly, quarterly, and annual financial statements and variance analyses
Complete month‑end and year‑end close processes, ensuring adherence to established deadlines and reconciling schedules
Prepare and submit required financial reports to lenders, regulatory agencies, and other external stakeholders
Accounts Receivable & Tenant Accounting
Oversee accounts receivable functions, including tenant billing, subsidy postings, and rent collections
Reconcile tenant sub‑ledgers and ensure alignment with the general ledger
Review and post rent payments, including electronic and check‑based transactions (e.g., Yardi Checkscan)
Monitor tenant accounts and aging reports; research and resolve discrepancies
Track resident move‑outs and ensure accurate, timely processing of security deposit refunds in compliance with regulations
Reconciliations & General Ledger Management
Prepare and review monthly bank reconciliations and resolve outstanding items
Reconcile all general ledger accounts, including intercompany/inter‑fund accounts, on a monthly basis
Prepare and post journal entries with clear documentation and audit trails
Ensure financial data integrity across systems and reports
Compliance, Controls & Audits
Ensure compliance with internal policies, procedures, and internal controls, and with affordable housing regulations (e.g., LIHTC, HUD, or other applicable programs)
Perform periodic internal audits to assess accuracy and compliance
Prepare audit schedules and support external auditors during annual audits
Ensure internal financial statements align with audited financial statements
Collaboration & Cross‑Functional Support
Partner with Property Management and Leasing teams to ensure accurate rent rolls, occupancy data, and billing
Produce and present financial statements and other key reports to Housing Development team for new properties
Collaborate with Asset Management on financial performance, budgets, and operational insights
Provide financial data and support for grant reporting, lender compliance, and regulatory submissions
Serve as a key accounting liaison to Property Management and provide guidance or training on financial systems (e.g., Yardi)
Cash Management & Analysis
Monitor property‑level cash flow and ensure proper recording of intercompany transactions
Assist in identifying cash needs, funding requests, and operational variances
Support budget tracking and financial performance analysis
Contribute to process improvements and system efficiencies within the accounting function
Maintain organized and complete financial records and documentation
Qualifications
Required Skills
Proven ability to follow directions and work independently.
Proven ability to efficiently reconcile balance sheet accounts.
Excellent interpersonal and organizational skills.
Ability to create various financial reports, identify unusual activities, and propose corrections.
Knowledge of double‑entry accounting, financial statement preparation and account analysis
Strong understanding of monthly close procedures
Physical Requirements
Ability to operate office equipment such as personal computers and calculators.
Ability to coordinate eyes, hands, and fingers in performing word processing, writing, reading, and similar tasks.
Ability to lift 15‑20 pounds.
Visual acuity is necessary to review documents.
Hearing acuity sufficient to use telephone and communicate with tenants, and staff.
Ability to perform sedentary to light physical work involves sitting most of the time.
Environmental Adaptability
Ability to work in an office environment.
Ability to travel to various work sites as needed.
Mathematical Ability & Communication
Ability to add, subtract, multiply, divide, and calculate decimals, ratios, percentages, and fractions.
Ability to calculate weights and measures.
Language and communication ability; comprehend and correctly use informational documents.
Ability to communicate effectively with residents, coworkers and staff at all levels, residents, government officials, both verbally and in writing.
Ability to keep abreast of changes in policy, regulations, methods, operations, etc. as they apply to compliance and occupancy procedures and activities.
Minimum Qualifications
Bachelor’s degree in accounting or finance
1‑2 years’ accounting experience, preferred in property or affordable housing accounting.
Strong understanding of Generally Accepted Accounting Principles
Prior experience contributing to audits
Preferred Qualifications
Knowledge of residential property management, building, systems, and housing quality standards.
Knowledge of Asset Management functions
Knowledge of Tax Credit, HUD, SFHA
Knowledge of report writing
Proficient in Microsoft Excel and Yardi Voyager (or similar property management/accounting software)
Tenderloin Neighborhood Development Corporation
is an Equal Opportunity Employer.
In compliance with the San Francisco Fair Chance Ordinance (August 13, 2014), all qualified applicants with criminal histories will be considered for the position.
#J-18808-Ljbffr