Property Accountant

Kibo Capital is a family-owned real estate investment and management firm based in Brentwood, Tennessee. We focus on long-term investments in the southeast and own & manage retail, multifamily, and storage assets. As a family-owned enterprise with a generational approach to investing, Kibo Capital places great emphasis on honesty, humility, grit, and servant leadership.

Role Summary: The Property Accountant owns full-cycle accounting for an 840-unit multifamily portfolio, ensuring timely month-end close, accurate financial reporting, and clear communication with onsite teams. This role manages day-to-day cash activity, general ledger integrity, and property-level analyses that support operational and ownership goals.

Key Responsibilities:

Month-End Close & Reporting

• Prepare monthly financial reports for each property; analyze variances and provide concise narratives.


• Post recurring/accrual journal entries; maintain schedules for prepaid, fixed assets, and other balance-sheet accounts.


• Complete and document account reconciliations, including bank, security deposits, and intercompany.

General Ledger & Cash Management

• Maintain accurate tenant/resident ledgers; review move-in/move-out activity, concessions, write-offs, and late fees for compliance with policy.


• Perform daily cash updates and monitor cash positions; ensure proper coding of AP/AR transactions.


• Assist with bank reconciliations and cash activity reviews.

Property Operations Support

• Partner with property operations teams on pre-close/close activities; maintain clear, proactive communication.


• Produce site-level analyses and dashboards to inform operations and ownership decisions.

Budget/Administrative

• Assist with annual budgets and reforecasts.


• Coordinate property tax, insurance, and lender/owner reporting as needed


• Prepare presentations for financial and board meetings

Qualifications:

• Education: Bachelor’s degree in Accounting, Finance, or related field.


• Experience: 1–3+ years of accounting experience required; property or real estate accounting experience strongly preferred (multifamily a plus).


• Technical: Proficient with Microsoft Excel (pivot tables, lookups), and familiar with property management/accounting platforms (e.g., AppFolio preferred, Yardi, RealPage, MRI).


• Skills: Detail-oriented with strong organization, deadlines focus, and clear written/verbal communication; able to partner effectively with onsite teams and leadership.

At Kibo, full-time employees enjoy a comprehensive benefits package designed to support health, financial security, and work–life balance.

Kibo is Certified as a Great Place to Work!