Property Accountant for Real Estate Private Equity Firm
Virtus Real Estate Capital - Austin, TX

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Property Accountant Responsibilities :
  • Monthly analysis of various financial statements in multiple forms
  • Develop and monitor Virtus worksheets/templates specific to property management company’s (“PMC”) books
  • Fund accounts payable (relating to property) – initiating A/P, providing journal entry to the PMC to record in the appropriate period
  • Review and approve monthly cash distributions to the properties
  • Work alongside asset management team to produce necessary reports and answer questions regarding property accounts
  • Administrative; saving all files in Virtus format in respective folders, confirming monthly deliverables
  • Fully take on the Virtus Lender statements - billing statements, escrows, confirm payments

Property Accountant Requirements:
  • Financial statement analysis – balance sheet, income statement, general ledger
  • 3+ years of experience with property accounting, CPA preferred but not required
  • Accounting Degree
  • Multiple entity/unit/properties (at least 6-10), storage, student housing, medical office, senior living preferred
  • Must be organized, meticulous, and extremely detailed
  • Business acumen and professional demeanor – will be working with various operating partners, so being assertive yet collaborative is a must
  • Ability to work overtime, when required
  • Works well under pressure and with strict deadlines
  • Full autonomy and self-managed