Senior Fixed Asset Accountant

Description

General Purpose

The Senior Fixed Asset Accountant is responsible for managing the accounting and reporting of fixed assets for various portfolios of multifamily properties. This role reviews capital projects and construction invoices to ensure accurate classification, records asset activity in compliance with company policies, and calculates depreciation. The Fixed Asset Accountant oversees the Yardi Fixed Assets module, reconciles the subledger to the general ledger, and prepares rollforwards and ad-hoc supporting schedules for reporting. This position is critical to maintaining accuracy, compliance, and data integrity across all fixed asset records.

Essential Duties/Responsibilities

• Track all real estate fixed assets and intangibles across the portfolio, including land, buildings, and improvements,
• Understand client-specific capitalization policies and exercise judgment to interpret and apply them consistently. 
• Collaborate with Property Services and Contract Administration teams to understand project timelines and scopes.
• Review construction invoices, unit renovations, and capital project contracts to determine proper classification and status.
• Administer fixed asset management software (e.g., Yardi Fixed Assets), ensuring data integrity, timely updates, and proper setup of new assets, projects, and categories. 
• Record additions, disposals, and retirements of fixed assets in accordance with policies and industry standards. 
• Calculate and record monthly depreciation, maintaining accuracy and consistency across multiple property books. 
• Monitor useful lives and depreciation methods to ensure consistency and reasonableness that aligned with accounting standards. 
• Maintain and reconcile the fixed asset subledger to the general ledger, researching and resolving variances promptly. 
• Perform periodic system audits to ensure consistency with accounting policies. 
• Prepare and distribute monthly, quarterly, and annual fixed asset rollforwards, schedules, and reconciliations for internal review and external reporting. 
• Provide supporting documentation and analysis for internal management reviews, external audits, and other stakeholder requests.

Requirements

Experience:

• Minimum of 2 years of accounting experience
• Minimum of 1 year of real estate fixed assets experience
• YARDI Fixed Asset Manager Experience preferred

Education:

• Bachelor’s degree in accounting required from an accredited four-year college or university 

Application deadline November 28, 2025. If a candidate is not selected by that date later applicants maybe considered.