Prometheus Real Estate Group

Property Accountant

Prometheus Real Estate Group$76K — $110K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High school diploma or GED required; Bachelor's degree in accounting or finance preferred.
  • Minimum of 4 years of relevant accounting experience mandatory; experience in real estate accounting is a plus.
  • Strong working knowledge of property management, real estate, construction, and partnership accounting.
  • Basic computational skills necessary for data analysis and report generation.
  • Proficient in Windows, MS Office Suite, and preferably experienced with property management software like Sage or Yardi.

Responsibilities

  • Prepare and review financial statements to comply with GAAP and management requirements.
  • Conduct month-end close activities in line with established deadlines and procedures.
  • Maintain and reconcile accounting records for residential and commercial properties.
  • Assist with year-end compliance audits and tax return preparation.
  • Participate in monthly financial reviews, providing insights on assigned portfolio performance.

Benefits

  • 100% company-paid medical, vision, and dental plans for employees and eligible dependents; affordable buy-up options.
  • Life insurance, long-term disability, and accidental death & dismemberment insurance provided.
  • Access to a 24/7 behavioral health program.
  • 401(K) retirement plan with employer matching contributions.
  • Hybrid work schedule available, providing flexibility for work-life balance.
Full Job Description
YOUR ROLE AND IMPACT

Prometheus is seeking a motivated individual to join our accounting team as a Property Accountant. The PropertyAccountant performs real estate accounting duties for operating and development properties including but not limited to maintenance and analysis of accounting records; preparing monthly financial reports and cash flow projections and other reports as required by management or owners.
  • Financial and Reporting - Prepare and review property financial statements and related supporting documents to ensure the financial statements are correct and in conformity with GAAP; prepare a monthly financial summary analysis and participate in monthly financial review meetings, demonstrating an understanding of the financial results of the assigned portfolio; prepare loan compliance reports and assist with annual budgets.
  • Property Accounting - Complete month-end close activities in accordance with monthly accounting close calendar and month-end review checklist, ensuring items are completed within defined deadlines and all journals are posted timely and accurately; Maintain accounting records for residential and commercial properties including recording journal entries, preparing financial statements, variance review and bank reconciliation; prepare balance sheet reconciliations and review trial balances to ensure all activity is properly classified in the property level general ledgers.
  • Audit/Tax/& Other Responsibilities - Provide year-end compliance audit and/or tax return workpapers; assist the Tax Department in preparation of tax working papers, tax projections, audit packages, and fixed asset schedules.

JOB QUALIFICATIONS

The Property Accountant must possess the following knowledge, skills and abilities and be able to explain and demonstrate that they can perform the essential functions of the job, with or without reasonable accommodation, using some other combination of knowledge, skills, and abilities:
  • Education & Experience - High school diploma or general education degree (GED). Bachelor's degree in accounting or finance preferred. Minimum of 4 years of relevant accounting experience; real estate accounting experience with use of property management software a bonus.
  • Core Competencies - Strong working knowledge of issues, procedures and practices associated with property management, real estate, construction and partnership accounting.
  • Technical Competencies - Must possess basic computational skills. Must be able to prepare and analyze data figures and transcriptions generated by a computer. Computer proficient in Windows, MS Office, Word, Excel, Outlook, OneSite; Hands-on experience with property management / job cost accounting system such as Sage, OneSite or Yardi preferred.
  • Your Cultural Traits - Although we're a highly dispersed organization by the nature of our business, our Prometheans are strongly united by our Purpose, Mission and our Cultural Traits. These are the defining characteristics of a Promethean: Team Oriented, Communicator, Entrepreneurial, Passionate, Self-Starter, Creative, Principled, and Brand Ambassador.

COMPENSATION AND BENEFITS

We offer a variety of benefits that take compensation well beyond a paycheck. This includes traditional benefits and benefits you might not expect or know about. The provided salary range is based on a number of factors, including location, job-related skills, experience and qualifications.

Compensation
  • Pay Range: $76,000.00 to $110,000.00 per year
  • Discretionary Annual Bonus Plan

Benefits & Perks
  • Medical; Vision; Dental:100% Company-paid plans (including eligible dependents) and affordable buy-up options
  • Life Insurance; Accidental Death & Dismemberment Insurance; Long Term Disability
  • Behavioral Health Program Accessible 24/7
  • Tax-Free Flexible Spending Accounts
  • 401(K) Retirement Plan with Employer Matching
  • Recognition & Rewards Program (Torch)
  • Vacation: 10 days per year with accrual increasing over time
  • Anniversary Vacation: 40-hour Vacation Granted at Tenured Milestones
  • Sick Leave: 9 days per year
  • 12 paid holidays, including your birthday!
  • Paid Volunteer Time
  • Tenure-based Housing discounts
  • Educational Assistance, Tuition Reimbursement
  • Referral Bonus
  • Hybrid Work Schedule

Learn more about these and other perks of being a Promethean by exploring our full Benefits Guide

About Prometheus Real Estate Group

Prometheus Real Estate Group is a privately held real estate investment and management firm headquartered in San Mateo, California. Prometheus Real Estate Group was founded in 1965 and has grown to become one of the largest privately held real estate companies in the United States. Prometheus Real Estate Group specializes in the development, acquisition, and management of high-quality residential and commercial properties. Prometheus Real Estate Group is committed to providing exceptional customer service and creating communities that people are proud to call home. Prometheus Real Estate Group has a team of experienced professionals who are dedicated to delivering innovative and sustainable real estate solutions.
Learn more about Prometheus Real Estate Group
Size
1,000 employees
Industry
Net Income
$50 million
5 Year Trend
+10%
Revenue
$500 million

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