General Ledger Accountant (Memphis, TN)

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. 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 necessaryaccruals/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

MAA recognizes that talented people are attracted to companies that provide competitive pay, comprehensive benefits and outstanding advancementopportunities. We offer a comprehensive benefits package* including, but not limited to, the following:

* Apartment Discount

* Medical, Dental and Vision Insurance

* Vacation, Sick Leave, and Holiday Pay

* Life and Disability Insurance

* 401(k) Retirement Plan

* Tuition Reimbursement

* Adoption Reimbursement

* Opportunities for promotion and internal career advancement

*Eligibility for benefit plans and programs vary based on hours worked and length of employment.

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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