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Property Accountant II

San Diego, CA

With over 30 years of experience in the acquisition, development, rehabilitation, and management of apartment communities across the Western United States, we are a trusted partner in the property management industry. At MG Properties, we focus on enriching lives – physically in our community buildings, philanthropically through giving back to our local communities, and through development and growth of our employees.

Property Accountant II is responsible for supporting Accounting Manager with assigned properties’ financial records. Must be familiar with all aspects of property management, accounting. The Property Accountant II is directly responsible for the portfolio of properties’ accounting functions such as posting transactions, running reports, reconciling accounts and interacting with the Community and Regional Managers. 

Essential Responsibilities:

• Working knowledge of basic accounting principles for application of day to day responsibilities
• Prepares monthly journal entries and accruals as required
• Processes A/R checks
• Reviews A/R entries on a daily basis, solving any discrepancies as necessary in a timely manner
• Reviews A/P entries such as utilities, recurring and regular invoices that are processed by A/P Clerks
• Processes Security Deposit Check Requests within scheduled deadline
• Processes write offs and collections
• Processes monthly loan payments. Reconciles mortgage impound balances accordingly
• Prepares bank reconciliations
• Prepares monthly & quarterly property reports within scheduled deadlines
• Analyzes monthly & quarterly financial statements and budgets 
• Tracks delinquency / aging and contacts Property Managers accordingly 
• Reviews weekly property account balances in order to manage cash flow effectively
• Forecasts cash flow and cash management in a timely basis
• Works closely with Property Managers and Regional Managers to help reconcile tenants accounts/ledgers
• Participates in preparing and auditing materials requiring analyses of supporting documents and insures that all entries are entered into the system properly
• Prepares Year End 1099’s for Accounting Manager’s review
• Assists Senior Accountant and Accounting Manager for property taxes and insurance audits
• Adjusts errors and discrepancies

Additional Responsibilities:

  • Assists in training A/P Clerks
  • All other duties as assigned

Knowledge, Experience, Educational Requirements:

  • Bachelor’s degree, or actively working towards a degree in Finance, Accounting, Real Estate, or a related field (Highly Preferred)
  • Minimum of 2 to 3 years Accounting experience
  • Minimum of 1 to 3 years of Property Management / Real Estate experience

Additional Skills, Abilities, and Characteristics Required:

  • Knowledge of and ability to use property management/accounting software, database software, spreadsheet software, Internet and Email software
  • The ability to work independently and effectively in a fast paced environment
  • Judgment - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions
  • Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations
  • Excellent communication and interpersonal skills both written and verbal

Compensation and Benefits:

  • $60,000-$65,000/annual DOE
  • Company profit sharing
  • Accrues 10 days Paid time off per year
  • 10 Paid Holidays and 2 Paid Personal Days per year
  • 40 Hours of Paid Sick Time
  • 401K with employer match
  • Medical, Dental, Vision, Employee Assistance Program
  • Life Insurance
  • Flexible Spending Account, Dependent Care Spending Account

California pay range

$60,000 - $65,000 USD

MG Properties is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.  We are a drug-free workplace, participate in E-Verify, and are an at-will employer. 

If identified for a position, you will be asked to submit to a background check and drug-screen. 

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