Property Accountant

Posted 23 Days Ago
Be an Early Applicant
Remote
1-3 Years Experience
Real Estate
Truehold is the leading provider of sale-leasebacks, the choice for people who want to sell their home without moving.
The Role
The Property Accountant will review financial statements, reconcile accounts, manage journal entries, verify cash transactions, and assist with audits. Responsibilities include tracking expenses, preparing reconciliations, and enhancing accounting efficiencies.
Summary Generated by Built In

Key Responsibilities:

  • Review monthly income statements and variance reports, assisting with the preparation of audit workpapers. 
  • Analyze and reconcile accounts, perform accurate and timely monthly, quarterly, and year-end close transactions
  • Manage GL/journal entry input and reconcile sub-ledgers, scanning GL for miscoding and inconsistencies. 
  • Verify cash transactions and prepare monthly reconciliations
  • Obtain draw request information from escrow/reserve drawdown.
  • Track monthly utility expenses, review tenant billings for accuracy. 
  • Gather lease information for property acquisitions and set up. 
  • Assist with audit requests, including general audit inquiries, preparation of schedules/reports, testing of internal controls
  • Analyze property-related transactions to ensure accuracy, completeness, compliance, and reasonableness
  • Assist with system and process improvements to enhance financial reporting and accounting efficiency
  • Assist developing and maintaining standard operating procedures and documentation
  • Prepare monthly balance sheet reconciliations and schedules for proper amortization, accruals, and true ups
  • Work with internal real estate team to ensure accurate presentation of accounting functions

Qualifications:

  • A Bachelor’s degree in accounting or finance required.  
  • Three (3) years experience in residential real estate accounting. Experience with GAAP accounting is preferred. 
  • Proficient in Excel and General Ledger/Property Management Software Program is required.
  • Experience with Propertyware is strongly preferred. .
  • Ability to effectively present and information and respond to questions from management, vendors, and associates.
  • Adhere to tight deadlines and quick turnaround for deliverables.
  • Strong written and oral skills.
  • Accurate with a strong attention to detail.

We provide

  • A collaborative, people-first culture with a passion for doing good and enjoying doing it
  • A unique opportunity to build our brand in the early stages
  • Competitive benefits and compensation, including 401(k) w/match
  • Choice between hybrid and fully remote work
  • Flexible PTO (with a 3-week minimum)
  • 11 paid holidays

About us

Truehold is the nation's leading provider of residential sale-leasebacks, the preferred choice for homeowners who want to unlock their equity without taking on debt or moving. We've brought together industry-leading experts to unlock over $400 million in home equity to hundreds of residents in 7 cities across the Midwest. Our mission is to create a new type of senior living that enables people to enjoy their health and wealth as they age, without giving up their homes. 

Top Skills

Accounting
Excel
Gaap
The Company
New York, NY
90 Employees
Hybrid Workplace
Year Founded: 2021

What We Do

Truehold is the nation's leading provider of residential sale-leasebacks, the preferred choice for homeowners who want to unlock their equity without taking on debt or moving. A BBB-accredited American company, Truehold has brought together industry-leading experts to unlock over $200 million in home equity to hundreds of residents in 13 cities across the Midwest. Our mission is to create a new type of home living that enables people to keep living in the places they love while fulfilling their unique goals.

Truehold was founded in 2021 where we built our first community of residents in St. Louis. We are a well-capitalized, venture-backed, and New York City-based company with employees all across the US.

Why Work With Us

Truehold is a mission-driven company that believes homeowners deserve more -and better - options. Our sale-leaseback provides financial freedom while allowing people to continue living in the homes they love. Our employees (Truepers!) feel a strong connection to our mission and have a real hand in shaping and scaling our company.

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