General Ledger Accountant

Company: MAA Corporate
Location: Germantown
Posted on: April 17, 2025

Job Description:

The General Ledger (GL) Accountant works under the direction of a General Ledger Accounting Supervisor or Manager to perform general accounting work for an assigned portfolio of properties. During the monthly closeout process, the role prepares journal entries to post to the general ledger, financial statements and other reports for each property. The GL Accountant ensures completeness and accuracy of financial statements and related accounting activities.

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The successful candidate will embody and work to reinforce MAA's Core Values. Those values include:

--- Appreciating the uniqueness of each individual

--- Communicating openly and with integrity

--- Embracing opportunities

--- Doing the right thing at the right time for the right reasons



Duties and Responsibilities

--- Applies knowledge of generally accepted accounting principles (GAAP) to the preparation of journal entries for posting to the general ledger, financial statements, reconciliations, and variance analysis during monthly closeout for each property within assigned portfolio.

--- Reviews financial statements for accuracy and prepares all necessary accruals, amortizations and reclassifications to complete the final monthly close package to ensure compliance with GAAP standards.

--- Analyzes balance sheet accounts to ensure accuracy; prepares balance sheet reconciliations with detailed explanations of account balances.

--- Analyzes monthly utility expenses for completeness by making all necessary accruals/adjustments and by providing detailed variance explanations.

--- Reconciles current month cash receipts; prepares cash reconciliations for each property balancing current month cash balances with supporting bank documents.

--- Participates in peer review process of work products for quality assurance, including close packages, to ensure completion, accuracy, and timely release to internal and external customers.

--- Reviews and responds to requests from Operations regarding various property accounting issues and implements corrective actions to resolve.

--- Participates in general ledger project teams with internal peers and/or external resources.

--- Assists with completing SOX testing as required by the Internal Audit Department.

--- Performs other related duties as assigned to meet the needs of the business.



Required Qualifications

--- Bachelor's degree in Accounting, Finance, or a related field required.

--- Two years of professional accounting, finance or related experience required.



Preferred Qualifications

--- Real estate or property accounting experience preferred

--- Experience with Yardi investment accounting system strongly preferred



Knowledge, Skills, and Abilities

--- Knowledge of GAAP, financial terms and principles, including cash and accrual accounting methods

--- Knowledge and skill to comprehend, analyze and interpret financial statements

--- Attention to detail and accuracy with quantitative data and financial calculations

--- Time management skills to meet deadlines on time-sensitive projects and demonstrate regular attendance and punctuality

--- Customer service orientation to provide effective and efficient support to internal clients

--- Skill and ability to clearly and concisely communicate verbally and in writing

--- Skill in applying critical thinking, analysis and problem-solving methods

--- Knowledge and skills to manage projects, organize, prioritize, and meet deadlines

--- Proficiency with Microsoft Office applications (Word, Excel, Outlook and PowerPoint)

--- Knowledge and ability to operate accounting software applications (e.g., Yardi)

--- Ability to maintain confidentiality and maintain appropriate discretion



Physical and Environmental Requirements

--- The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

--- While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms.

--- This position requires the ability to occasionally lift office products and supplies, up to 20 pounds.

--- This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.



Visit https://www.maac.com/careers/ to apply online.



We are committed to providing service excellence and value to those who depend on us at MAA. Our people-first approach has been transforming properties into communities and apartments into homes for over 25 years. As the largest owner-operator of multifamily apartments in the United States - we are established leaders in the real estate space - bringing tremendous opportunities to those looking to build their careers. We invite you to explore our Brighter View and find your place at MAA!



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Keywords: MAA Corporate, Jonesboro , General Ledger Accountant, Accounting, Auditing , Germantown, Arkansas