Quick overview
Job description
About APM:
Associated Property Management (APM) has served community associations in Palm Beach County since 1988. APM provides management, accounting, administrative, maintenance, and consulting services to condominium, cooperative, and homeowners associations, focusing on responsive service and timely, accurate financial reporting.
About the Role:
The Property Accountant manages accounting and financial reporting for an assigned portfolio of community associations. This role prepares monthly financials, completes bank reconciliations, maintains accurate general ledger records, and coordinates with independent CPA firms for annual audits and tax returns. The ideal candidate brings community association accounting experience, strong GAAP knowledge, and the ability to manage multiple priorities in a fast-paced environment.
Salary: $75,000 annually
Schedule: 8:30 am - 5 pm, (In office; Monday–Friday)
Responsibilities:
- Complete monthly bank reconciliations for operating and reserve accounts; research and resolve discrepancies.
- Prepare monthly financial statements and supporting reports; complete month-end close, journal entries, and general ledger reconciliations.
- Maintain accurate association accounting records in accordance with GAAP and internal controls.
- Support accounts payable, homeowner assessments, receivables, special assessments, and approved reserve transfers.
- Assist with annual budgets, financial analysis, and variance reporting.
- Coordinate with independent CPA firms for annual audits and tax returns by providing documents and answering follow-up questions. CPA firms perform the audits and prepare the returns.
- Complete special projects and identify opportunities to improve accounting processes.
- Partner with community managers and accounting colleagues to resolve questions and meet reporting deadlines.
- Bachelor’s degree in Accounting, Finance, or a related field, or equivalent relevant experience.
- 3–5+ years of accounting experience, including required community association accounting experience with HOAs, condominiums, or cooperatives.
- In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and demonstrated ability to apply them to financial reporting and month-end close.
- Hands-on experience with bank reconciliations, monthly financial statement preparation, general ledger accounting, and AP/AR.
- Experience providing records and responding to questions from independent CPA firms during audits and tax return preparation.
- Proficiency with accounting or community association management software and strong Excel skills, including formulas, pivot tables, and lookups.
- Understanding of association assessments, operating and reserve accounts, special assessments, and association financial reporting.
Skills:
- Strong attention to detail, analytical skills, and sound judgment when researching and resolving discrepancies.
- Ability to work independently, stay organized, and meet deadlines in a fast-paced, high-volume environment.
- Clear communication, collaborative problem-solving, and a commitment to accurate work and confidential handling of financial information.
- Comprehensive benefits package (health, dental, vision, retirement plan, PTO, professional development support).
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