Senior Property Accountant (Hybrid) at ALCO Management – Memphis, Tennessee

SUMMARY OF POSITION
The Senior Property Accountant is responsible for independently preparing and reviewing financial statements for assigned apartment communities. This role also supports the development and training of the Property Accounting team, collaborates with the Development team, municipalities, and external auditors, and assists the Accounting Manager with additional responsibilities. The Senior Property Accountant reports directly to the Accounting Manager.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Assist Community Managers and Regional Property Managers in understanding and preventing accounting issues
• Support Property Accountants and Accounting Assistants with daily responsibilities
• Process property check runs
• Review draw schedules from the Development team and support the Project Manager to ensure development accounts are accurate and contractors are paid on time
• Perform month-end close processes
• Prepare and review Gross Potential Rent reports prior to posting journal entries
• Prepare and review general ledger workpapers, including balance sheet reconciliations and profit and loss analysis
• Prepare and review monthly bank reconciliations and resolve outstanding items
• Review work completed by Property Accountants to ensure accuracy of monthly financial statements
• Prepare external reports
• Prepare Replacement Reserve draws
• Participate in the year-end audit process
• Create fixed asset depreciation workpapers
• Prepare net profit returns and business license applications
• Respond to external auditor requests and gather required documentation
• Perform other duties as needed to support departmental and organizational goals

WORK ENVIRONMENT
This role is based primarily in the central office in Downtown Memphis, TN. The environment is fast-paced and requires cross-functional collaboration. Minimal travel is required.

KNOWLEDGE & SKILL REQUIREMENTS

• Bachelor’s degree in Accounting or a related field required
• Proficiency in Microsoft Office required
• Strong written and verbal English communication skills
• Property management experience preferred
• Ability to consistently produce high-quality work independently and meet deadlines
• Strong problem-solving and resourcefulness
• Ability to adapt quickly to new tasks and policies
• Clear and effective communication skills
• Proactive and analytical approach to work.

COMPENSATION & BENEFITS
The salary range for this position is $70,000 – $75,000 annually, with final compensation based on experience, qualifications, certifications, geographic considerations (if applicable), and internal equity.

In addition to base pay, eligible team members may participate in performance-based incentives where applicable.

ALCO offers a comprehensive benefits package including medical, dental, and vision coverage; company-paid life and disability insurance; a 401(k) with company contribution; paid time off; and paid holidays.

Pre-Employment Requirements:
All offers of employment are contingent upon successful completion of a background check and drug screening, in accordance with ALCO’s policies and applicable law.
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ALCO Management is committed to building a team that reflects the communities we serve. We welcome candidates from all backgrounds and experiences. Every qualified applicant will receive consideration for employment without regard to race, color, ethnicity, national origin, ancestry, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, age, marital status, disability, genetic information, military or veteran status, or any other characteristic protected under federal, state, or local law.

Employment with ALCO is at-will. This means either the employee or the company may end the employment relationship at any time, with or without notice, and for any lawful reason. Nothing in this job posting should be interpreted as creating an employment contract or guarantee.

ALCO reserves the right to adjust responsibilities and expectations based on business needs. Candidates may be required to complete assessments, background checks, and reference checks as part of the hiring process.

By applying, you acknowledge that you have reviewed the role, understand the expectations, and consent to be contacted using the information you provide.