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Salary: USD 60,000 - 80,000 / annual
Roofstock is the leading end-to-end investment platform for single-family rental homes (SFR), merging real estate investment expertise with cutting-edge technology. The company has 750+ employees, raised $240M in Series E funding in 2022, and operates offices in the Bay Area and New York City. Recent acquisitions include Stessa (financial and asset management software), RentPrep (tenant screening), Mynd (property management platform), and a stake in Casago (short-term rental management).
The Property Accountant – Institutional will provide full-cycle accounting support for the property management team, serving as a key member responsible for communicating financial results to external clients and internal management. This role requires strong accounting, collaboration, and communication skills.
Key Responsibilities:
- Provide daily accounting functions across multiple regions
- Prepare and distribute monthly financial reports in accordance with GAAP, including accrual journal entries, financial statement preparation/reconciliation, and bank reconciliations
- Prepare monthly distributions to clients
- Review and maintain accuracy of general ledgers, post G/L activity, reconcile balance sheets, and maintain subsidiary ledgers
- Support Property Accounting Managers with ad hoc projects, monthly closes, and distributions
- Monitor cash receipt postings, tenant billings, billing adjustments, and perform tenant ledger reconciliations
- Review invoice coding and workflow to ensure adherence to capitalization policies and timely vendor payments
- Coordinate with various departments to ensure accounting accuracy and completeness of financial packages
- Independently research historical cash transactions and provide timely responses to Portfolio Managers and Regional Directors
- Provide accounting detail and assistance to Property Accounting Managers for internal and external auditors
- Research new accounting laws and regulations for different states as needed
- Prepare annual 1099 and 1096 reporting to vendors and IRS
- Prepare quarterly 592 and 588 forms to Franchise Tax Board as needed
- Perform ad hoc assignments as needed
Requirements:
- Bachelor's degree in Accounting or equivalent (preferred)
- 3+ years of Real Estate Accounting experience
- Experience in Public Accounting (highly preferred)
- Proficiency using Excel and Google Suite products
- High degree of accuracy and attention to detail
- Adaptability and ability to maintain effectiveness in varying environments and with various types of people
- Strong planning and organizing skills; ability to establish a course of action to accomplish goals and evaluate results
- Ability to multitask, work successfully under pressure, and effectively prioritize and manage time and workload to meet client needs
- Client focus with dedication to meeting expectations and requirements of external and internal clients
- Ability to effectively cope with change, shift gears comfortably, and handle risk and uncertainty
- Drive for results; bottom-line oriented with ability to push self and others for results
- Thrives in a fast-paced and start-up environment
- Must be authorized to work in the U.S.; H1-B sponsorship not available
