Pennrose is an industry leader in the management and development of Affordable Housing. We are excited to be hiring for a Senior Property Accountant for our Property Support Center located in Philadelphia, PA.
This position is responsible for assisting the Controller with the day-to-day reporting of the Company’s managed properties by maintaining accurate books and records of each property and providing analysis and support.
The Staff Accountant will be responsible for creating a professional work environment, which reflects the PMC priorities of customer service, respect and collegiality among property team members, full compliance with the regulatory requirements, while following company policies and procedures and applicable regulations. In addition, the Staff Accountant will be responsible for presenting to PMC and ownership periodic reports on financial issues.
Duties & Responsibilities:
• Completes monthly and quarterly reporting packages and prepares reporting packages for distribution within established deadlines. • Reconciles all bank accounts associated with each property in assigned portfolio on a monthly basis. • Responsible for cash management of each property on a daily basis. • Prepares and enters all journal entries necessary to maintain balance sheet and income statement accounts to accurately reflect financial activity and balances. • Prepares workpapers for annual audit by outside auditors. • Assists with the preparation of annual budgets for all properties in assigned portfolio. • Maintains debt service schedules and verifies all debt service and reserve and escrow payments are made as required. • Completes periodic site visits and reports in accordance with company policy. • Performs other accounting tasks as assigned.
Required Education & Experience:
• Bachelor’s degree in Accounting required • 2 years’ experience in general accounting required. • Requires valid driver’s license, insured vehicle and ability to travel (properties, offices, agencies, etc.)
For more information, please go to our website at www.pennrose.com
Pennrose is an Equal Opportunity Employer EOE M/F/D/V
Since 1971, we have been working to improve the lives of working families by creating safe, secure housing communities where residents can build fulfilling lives.We recognize that our legacy will be not only the buildings we develop, but also the neighborhoods they improve, the residents who call them home, and the employees who demonstrate the Pennrose core values to support our mission.Pennrose has achieved a national reputation of excellence for real estate development and multifamily property management.