Project Accountant at Asset Living

Houston, Texas, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Property ManagementIndustries

Requirements

Bachelor’s Degree in Accounting
Minimum of 4 years of relevant work experience
Strong knowledge of Microsoft Excel
Basic knowledge of Microsoft Word and Adobe
Deep understanding of financial concepts
Excellent critical reasoning, quantitative, and analytical skills
Meticulous attention to detail and high level of accuracy
Highly organized, able to multi-task, and self-motivated
Excellent interpersonal, written, and verbal communication skills

Responsibilities

Review/audit and approve all construction draws
Assist Construction Cost Analysts’ research & resolve issues as needed
Prepare construction department reporting required by corporate
Perform cash management functions, prepare and post journal entries, and research & resolve issues as needed
Review accounts payable activity and prepare accruals as needed
Prepare and distribute monthly financial reports and bank reconciliations in accordance with client deadline/requirements while adhering to policies and procedures and maintaining adequate internal controls
Analyze rehab projects’ financial data accuracy to ensure compliance with internal/external audits. Maintain records of all financial data required for audit and tax purposes
Prepare audit and/or client related requests and other duties as received
Participate in special projects as they arise

Questions & Answers

Common questions about this position

What are the main responsibilities of the Project Accountant role?

The role involves reviewing and auditing construction draws, preparing financial reports and bank reconciliations, performing cash management and journal entries, reviewing accounts payable, and analyzing rehab projects’ financial data for compliance.

What is the company culture like at Asset Living?

Asset Living fosters a dynamic team environment based on unity, unique talents, and a universal culture of winning, where every voice is heard, ideas are valued, and individuals have growth opportunities. They believe in 'Together We Lead, Together We Succeed' and empower collaboration and continuous improvement.

Is this Project Accountant position remote or office-based?

This information is not specified in the job description.

What salary or compensation does the Project Accountant role offer?

This information is not specified in the job description.

What skills or experience make a strong candidate for this Project Accountant position?

Strong candidates will have experience in construction accounting, financial reporting, auditing draws, bank reconciliations, cash management, journal entries, accounts payable, accruals, and analyzing financial data for compliance.

Asset Living

Third-party property management for housing

About Asset Living

Asset Living specializes in managing various types of residential properties, including multi-family housing, campus housing, and affordable housing throughout the United States. The company provides a wide range of property management services, which encompass daily operations, maintenance, leasing, marketing, and financial management. This comprehensive approach helps property owners enhance their investments and achieve high occupancy rates. Unlike many competitors, Asset Living has a strong focus on diverse housing segments, allowing them to cater to different community needs effectively. With over 35 years of experience and a reputation for reliability, Asset Living aims to create thriving communities while delivering exceptional value to clients.

Houston, TexasHeadquarters

1986Year Founded

GROWTH_EQUITY_VCCompany Stage

Real EstateIndustries

501-1,000Employees

Risks

Rising interest rates may reduce demand for multi-family and affordable housing management.

Remote work trends could decrease demand for student housing management services.

Prefabricated construction trends may disrupt traditional property management models.

Differentiation

Asset Living is ranked No. 1 in student housing management for 14 years.

The company manages a diverse portfolio, including multi-family, student, and affordable housing.

Asset Living offers comprehensive property management services, enhancing client investment returns.

Upsides

Asset Living achieved a 95% occupancy rate in student housing, surpassing industry averages.

The company has a strong national presence, managing 100,000 units and 133,500 beds.

Asset Living's fundraising efforts align with social causes, enhancing its community reputation.

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