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Junior Property Accountant

Vaco
$50,000.00 - $60,000.00 / yr
United States, North Carolina, Raleigh
Jan 03, 2025
Junior Property Accountant

Job Summary:
The Junior Property Accountant will assist in managing the financial operations of a property portfolio. This includes handling the accounting and reporting functions for property transactions, ensuring accurate records, preparing financial statements, and assisting with budgets. This position will require strong attention to detail, organizational skills, and a basic understanding of property accounting principles.


Key Responsibilities:
  • Process daily financial transactions related to properties (e.g., rent payments, vendor invoices, utilities, taxes).
  • Reconcile property-related bank accounts and general ledgers.
  • Maintain accurate and up-to-date financial records for properties under management.
  • Assist in the preparation of monthly, quarterly, and annual financial statements for assigned properties.
  • Assist with AP and accruals as needed.
  • Prepare schedules for property income, expenses, and capital expenditures.
  • Generate variance reports comparing actual to budgeted performance.
  • Support in the preparation of property budgets and forecasts, ensuring that all transactions are in line with financial plans.
  • Monitor budget performance and report variances to the senior accounting team.
  • Help with the preparation of property tax filings and ensure tax payments are accurate and timely.
  • Ensure compliance with local tax regulations and property laws.
  • Support senior property accountants and property managers with various administrative tasks.

Skills and Qualifications:
  • Education: Bachelor's degree in Accounting, Finance, or a related field.
  • Experience: Some experience in accounting or finance, preferably in the property or real estate industry. Internship experience is also valuable.
  • Knowledge:
    • Familiarity with property management software (e.g., Yardi, MRI, RealPage) is a plus.
    • Basic knowledge of accounting principles (GAAP).
    • Proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUP).
  • Skills:
    • Strong attention to detail and accuracy.
    • Good organizational and time management skills.
    • Ability to work under pressure and meet deadlines.
    • Strong communication skills to work with internal and external stakeholders.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

  • the individual's skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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