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Property Accountant

CFS, Washington, DC, United States

Duration: Full Time



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Property Accountant


Full-Time | Hybrid | Washington, DC


We’re seeking a motivated, hands-on Property Accountant to support full-cycle accounting for a portfolio of affordable housing and multifamily real estate assets. This role works closely with asset management, development managers, and property managers and plays a key part in ensuring accurate financial reporting across operating and development properties.


Key Responsibilities



  • Full-cycle accounting for multifamily and affordable housing properties

  • Review and reconcile third‑party property manager financials

  • Track GP/LP activity, fees, releases, and investor reporting

  • Monitor intercompany loans, transactions, and reconciliations

  • Prepare monthly, quarterly, and annual financial statements

  • Support audits, tax prep, surplus cash calculations, and workpaper packages

  • Manage construction draws, CIP activity, loan transactions, and bank reconciliations

  • Collaborate on budgets, forecasts, and variance analysis

  • Support transitions from development to operations and ensure GAAP compliance


Qualifications



  • Bachelor’s degree in Accounting or Finance; CPA/CMA preferred

  • 3–7 years of accounting experience—real estate, LIHTC, multifamily, or affordable housing strongly preferred

  • Strong GAAP knowledge, financial statement prep, and audit coordination

  • Experience with accounting software; Sage Intacct a plus

  • Advanced Excel skills

  • Collaborative, assertive communicator; strong attention to detail

  • Mission-driven, with a commitment to affordable housing




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