2 - 5 years
0 Lacs
Posted:1 day ago|
Platform:
Remote
Full Time
Job Title: Property Accountant (Offshore Remote)
Location:Fully remote, based in the Philippines
Employment Type:** Full-time
Reports To:** Senior Accounting Manager (U.S.-based)
Department:** Finance and Accounting
Company Overview:
We are a dynamic property management firm specializing in multifamily and commercial real estate across the U.S. We're expanding our offshore team in the Philippines to enhance operational efficiency, reduce costs, and access global talent. This role offers the opportunity to contribute to a growing organization while enjoying the flexibility of remote work.
Job Summary:
The Property Accountant will handle day-to-day accounting operations for a portfolio of U.S.-based properties, ensuring accurate financial reporting, compliance, and support for property management teams. This remote position requires strong self-motivation, excellent virtual communication skills, and the ability to work across time zones (primarily aligning with U.S. Central or Eastern Standard Time, which may involve evening or early morning shifts in the Philippines). You'll collaborate with onshore teams via digital tools to deliver timely insights and maintain financial integrity.
Key Responsibilities:
- Prepare and maintain accurate monthly, quarterly, and annual financial statements, reports, and variance analyses for assigned properties, including balance sheets, income statements, and cash flow reports.
- Perform bank reconciliations, review general ledgers, and prepare accrual journal entries to ensure all transactions are accurately recorded and discrepancies are resolved promptly.
- Manage accounts payable and receivable processes, including invoice processing, vendor payments, and tenant collections, while adhering to company policies and U.S. financial regulations.
- Assist in budgeting, forecasting, and financial planning for properties, including reviewing expenses, payroll entries, and providing recommendations to optimize performance.
- Support property acquisitions, dispositions, transitions, and year-end closings by analyzing financial resources, preparing workpapers for auditors, and ensuring smooth handovers.
- Act as a liaison with internal teams (e.g., property managers, regional directors) and external stakeholders (e.g., auditors, vendors) through virtual meetings, emails, and shared platforms to discuss financial results, resolve issues, and provide updates.
- Review fixed asset schedules, monitor cash flows, and ensure compliance with U.S. GAAP, local tax requirements, and company standards.
- Utilize property management software (e.g., Entrata, Yardi, MRI, or similar) and accounting tools (e.g., QuickBooks, Excel) to automate processes and generate reports remotely.
- Participate in process improvements for the offshore team, including developing standardized templates and training materials to enhance efficiency across time zones.
- Other ad-hoc duties as assigned, such as supporting special projects or financial audits.
Qualifications and Skills:
- Bachelor's degree in Accounting, Finance, or a related field; CPA or equivalent certification preferred.
- 2-5 years of experience in property accounting, preferably in multifamily or commercial real estate management.
- Strong knowledge of U.S. accounting principles (GAAP), financial reporting, and real estate-specific practices.
- Knowledge of Entrata software is a must; experience with other property management systems (e.g., Yardi, MRI) is a plus.
- Proficiency in Microsoft Office Suite (especially Excel for advanced formulas and pivot tables) and remote collaboration tools (e.g., Zoom, Microsoft Teams, Slack, Google Workspace).
- Excellent English communication skills, both written and verbal, with the ability to explain complex financial concepts clearly in a virtual environment.
- Proven ability to work independently in a remote setting, with strong time management skills to handle U.S. time zone overlaps (e.g., availability for meetings during Philippine evenings).
- Detail-oriented with analytical problem-solving abilities and a commitment to accuracy under deadlines.
- Experience with offshore or remote teams is a plus; familiarity with Philippine labor laws and remote work best practices.
- High level of integrity, confidentiality, and adaptability in a fast-paced, multicultural team.
**What We Offer:**
- Competitive salary in PHP, benchmarked against U.S. standards for offshore roles, with performance-based bonuses.
- Comprehensive benefits including health insurance, paid time off, and retirement contributions compliant with Philippine regulations.
- Flexible remote work setup with provided equipment (laptop, software licenses) and home office stipend.
- Professional development opportunities, including training on U.S. real estate accounting and access to online courses.
- Collaborative company culture with virtual team-building events and career growth paths within our global operations.
If this aligns with your expertise, I encourage you to apply. We're building a world-class offshore team to drive our company's success, and roles like this are key to that vision.
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