Job Details

Accountant opening at our Corporte Office in the Norfolk, Virginia area.

About Us:

Founded in 1906, S.L. Nusbaum Realty Co. is one of the largest real estate development companies in the southeastern United States. We are a well established, highly respected, Virginia based company that manages over 30,000 multifamily units throughout the mid-Atlantic region. We offer a full spectrum of real estate services, including multifamily, office, industrial, retail, land and investment sales and leasing, third party property management, mixed-use development, commercial development, multi-family development, apartment leasing and a full menu of financial services. S.L. Nusbaum Realty Co. has developed, managed, sold and leased millions of square feet of all property types throughout Virginia with a main focus in the Hampton Roads and Richmond area markets.

Why work with us?

• Consistently named one of Hampton Roads' Top Workplaces by Inside Business, reflecting the dedication, talent, and commitment of our outstanding team.
• Proud multi-year recipient of CoVa BIZ Best of Business (BOB) Gold Awards in three distinct categories: Best Property Management, Best Commercial Property Management, and Best Commercial Real Estate Company.
• Recognized as a National Apartment Association (NAA) Top Employer for five consecutive years.
• Honored as one of the 50 Most Community-Minded Companies in Hampton Roads by The Civic 50 Hampton Roads, recognizing our strong commitment to community engagement and corporate responsibility.
• We offer a robust training program designed to equip team members with the knowledge, skills, and support needed to succeed and grow in their roles.
• We provide exceptional career growth opportunities, empowering team members to advance professionally through clear development paths, ongoing training, and internal promotions with great support from our community teams

JOB TITLE:

Residential Accountant

REPORTS TO:

Residential Accounting Manager

SUPERVISES:

N/A

POSITION TYPE:

Full-Time, Exempt

SUMMARY OF POSITION:

Responsible for preparing multi-family property financial statements and owner reporting packages. This position is considered an essential function to the operation of the Corporate Office, therefore, consistent attendance is an essential function of this position, as it directly impacts the employee's ability to perform their duties effectively and ensures proper workflow and communication within the team.

PRIMARY DUTIES AND RESPONSIBILITIES:

• Prepare bank reconciliations for operating, investment and escrow bank accounts.
• Calculate and record monthly management fees and owner remittances.
• Prepare and analyze financial statements, cash flow spreadsheets, and lender-required reports.
• Reconcile One Site reports and other supporting schedules to the general ledger.
• Prepare and enter journal entries to record reclassifications, non-tenant deposits, mortgage activity, etc.
• Prepare the financial statements and supporting reports for owner and other user distribution.
• Reconcile security deposit refunds to tenant and general ledgers.
• Initiate cash transfers and owner distributions.
• Research and resolve stale dated checks.
• Distribute the Multifamily cash sheet daily.
• Respond to inquiries from CPA's, clients, property management personnel, etc.
• Perform other essential functions as may develop over time, and/or as assigned by management.

OCCASIONAL FUNCTIONS:

• Compute and perform excess cash distributions, as requested.
• Set up new properties and bank accounts in MRI software.
• Prepare the year-end audit packages and respond to auditor inquiries.
• Review the auditor workpapers and record the appropriate entries.
• Prepare special reports and supporting schedules as required by specific owners.
• Perform employee lease audit.
• Diligently perform other duties assigned by employee's supervisor.

POSITION REQUIREMENTS / QUALIFICATIONS:

• High School diploma/GED
• 2-3 years accounting experience.
• Experience with GL and Accounting software preferred.

PHYSICAL ACTIVITIES:

• Physical Activities up to and including, typing, walking, bending, stooping, reaching, climbing stairs, or standing for periods of time.

• Ability to lift and move up to 50 lbs.

Benefits:

• Paid Time Off
• Paid Holidays
• Medical, dental and vision insurance
• 401(k) Enrollment Opportunity with employer match
• Employer Paid Basic Life and Short-Term Disability
• Pet Insurance
• Paid Volunteer Hours
• And more!

To explore all career opportunities with SL Nusbaum in locations in MD, VA, NC, SC, and D.C. - click here: