Property Accountant

Company logo
Pennrose
A real estate development firm specializing in residential, commercial, and mixed-use projects.
Assist controller with property accounting, reporting, cash mgmt, audits.
16 days ago ago
$75,000 - $85,000
Junior (1-3 years)
Full Time
Philadelphia, PA
Office Full-Time
Company Size
500 Employees
Service Specialisms
Real Estate Development
Residential Property Management
Multifamily Development
Mixed‑Use Development
Mixed‑Income Development
Property Management Services
Operations
Maintenance/Facilities Management
Sector Specialisms
Multifamily
Mixed-use
Mixed-income
Affordable Housing
Market Rate Housing
Supportive-rich Affordable Housing
Residential
Property Management
Role
What you would be doing
audit workpapers
budget prep
cash management
reporting packages
journal entries
bank reconciliation
  • Prepares workpapers for annual audit by outside auditors.
  • Assists with the preparation of annual budgets for all properties in assigned portfolio.
  • Responsible for cash management of each property on a daily basis.
  • Completes periodic site visits and reports in accordance with company policy.
  • Completes monthly and quarterly reporting packages and prepares reporting packages for distribution within established deadlines.
  • Prepares and enters all journal entries necessary to maintain balance sheet and income statement accounts to accurately reflect financial activity and balances.
  • Maintains debt service schedules and verifies all debt service and reserve and escrow payments are made as required.
  • Reconciles all bank accounts associated with each property in assigned portfolio on a monthly basis.
What you bring
accounting degree
driver’s license
general accounting
  • Bachelor’s degree in Accounting required
  • Requires valid driver’s license, insured vehicle and ability to travel (properties, offices, agencies, etc.)
  • 2 years’ experience in general accounting required.
Benefits
Information not given or found
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
Information not given or found
Security clearance
Information not given or found
Company
Overview
Over 12,000 Units
Developed Housing Units
Spread across the United States, covering both large-scale and complex projects.
  • key player in the development of residential and mixed-use communities
  • focus on revitalizing urban neighborhoods with high-quality, affordable housing
  • strategic partnerships with local governments and non-profits to ensure community involvement
  • recent projects include multi-family complexes, mixed-use developments, and adaptive reuse of historic buildings
  • recognized leader in affordable housing with innovative, community-focused designs
  • commitment to sustainability and delivering exceptional value to real estate development
Culture + Values
  • Integrity: We act with honor, honesty, and fairness and we hold ourselves to the highest ethical standards.
  • Collaboration: We support each other internally and externally to achieve our collective goals.
  • Accountability: We are responsible and take responsible action. We say what we mean, we do what we say.
  • Results Oriented: We take pride in achieving exceptional outcomes.
Environment + Sustainability
60% energy reduction
Energy Efficiency
New units use up to 60% less energy than comparable code-built homes, as per LEED for Homes data.
34 solar projects
Renewable Energy Initiative
Solar projects have been installed at 34 properties, showcasing a commitment to clean energy.
70% water reduction
Water Conservation Success
Partnership with the ION platform has reduced water consumption and bills by up to 70% across the portfolio.
  • Many developments exceed LEED Silver, including achieving passive house certification.
  • Water use optimized: Wi-Fi metering enabled leak detection (example: 200 gal/hr leak stopped at a senior property)
  • Conducts sustainable development in an environmentally conscious manner; integrates green building standards from the start.
  • New unit energy predicted to use 30–60% less energy than comparable code-built homes (LEED for Homes data).
  • Partnered with ION platform to reduce water consumption and bills by up to 70% across portfolio.
  • Neston Heights Senior project achieved LEED Silver with water-savings features (e.g., EPA Watersense toilets) and sustainable landscaping.
Inclusion & Diversity
2022 Strategic Focus
DEI in Strategic Plan
Diversity, Equity, and Inclusion (DEI) is a primary focus area in the strategic plan announced in January 2022.
  • Stated commitment to hiring diverse talent and ensuring team members, residents and partners are treated with respect.
  • Charitable giving and volunteer coordination via Pennrose Foundation in local communities.
  • Gender data not publicly disclosed.
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