Property Accountant - Multifamily

The Franklin Companies is an industry leading firm that specializes in the development, and management of high-quality senior living — our Franklin Park® communities — and multi-family residential properties — the Artisan affordable apartment communities.Based in San Antonio Texas and family owned, Franklin is a name associated with high quality services, affordable and luxurious living arrangements for senior and non-senior residents.We have a need for a Property Accountant/Sr. Property Accountant to join our team of professionals at our corporate office. This position will be located in our office in San Antonio.General Description:This position supports multiple properties, including maintaining their financial statements and providing guidance to on-site property management regarding property finances.Primary Duties and Responsibilities:• Prepare and maintain financial statements for multiple residential properties

• Perform month end close activities, including bank reconciliations (reconcile then research and resolve any outstanding items), preparing and posting accruals, reclassifications, and other journal entries.

• Cash management including monitoring cash balances and approving payables for weekly check runs while maintaining sufficient funds to cover critical items

• Create and maintain amortization schedules for debt and prepaids

• Perform balance sheet account reconciliations and analysis

• Prepare and submit quarterly capital replacement draw requests to lenders

• Calculate cash flow and partnership distributions

• Participate in annual budgeting process

• Assist CPA in preparation of year-end audits

• Perform other duties as assignedQUALIFICATIONS:• Four-year degree in accounting preferred; however, experience in lieu of degree is acceptable

• Experience in month-end closings in a property management environment (4 - 5 years preferred)

• Strong practical knowledge of generally accepted accounting principles

• Strong analytical and comprehension skills with ability to read and comprehend complex partnership and loan documents

• Strong balance sheet accounting knowledge.

• Exceptional computer skills, including strong working knowledge of Excel

• Ability to prioritize work assignments and work independently

• High degree of accuracy and confidentiality with all information

• Initiative, adaptability, and deadline driven

• Ability to communicate both verbally and via email with coworkers and outside contacts

• Team-oriented and customer service focusedOTHER KNOWLEDGE, SKILLS AND ABILITIES:Prior experience with RealPage or Yardi accounting software is highly desirableFRANKLIN COMPANIES IS AN EOE.Franklin does not accept unsolicited resumes from 3rd parties.