Property Accountant in Indianapolis, IN at Vaco

Date Posted: 8/28/2019

Job Snapshot

  • Employee Type:
  • Job Type:
  • Experience:
    At least 1 year(s)
  • Date Posted:
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Job Description

The Property Management Accountant will be responsible for all aspects of accounting for various properties that are part of the Milhaus Management portfolio. They will review, maintain and analyze the general ledger financial statements for assigned properties and their related partners and/or corporate entities. They will team closely with Milhaus Management, on-site property staff, and other internal stakeholders, to provide accurate financial reporting packages each month for their assigned properties. They will exhibit strong accounting, analytical and communication skills.

Key Job Duties and Responsibilities:

  • Ensure accurate and appropriate recording and analysis of revenue and expense
  • Compile and analyze financial information and prepare journal entries
  • Resolve accounting discrepancies and irregularities
  • Monitor and ensure the maintenance of accounting control procedures
  • Prepare monthly financial statement package
  • Analyze financial information to recommend or develop efficient use of resources and procedures, provide recommendations and implement solutions
  • Partner with Property Management to provide accurate and timely response to owner requests for financial information
  • Monitor property cash balances and ensure that required reserves are maintained
  • Prepare property cash flow projections
  • Prepare invoice package for weekly invoice payment
  • Complete bank reconciliations
  • Compile financial data for bank reporting and outside audits
  • Participate in annual budget process; provide tax, insurance and debt data for annual budget
  • Complete reasonableness review of annual budget; Upload annual budgets into financial reporting system
  • Reconcile Intercompany and affiliate accounts
  • Assist in new property transitions
  • Participate in evaluating, defining, documenting and maintaining accounting processes and procedures
  • Other accounting projects as assigned.


  • Accounting experience in a real estate or property management company
  • Proficient in Microsoft Office and ability to quickly learn accounting software
  • Knowledge of property management software (Entrata, Yardi, Real Page, etc.)
  • Strong communication and teaming skills. Ability to work on a fast paced environment