Property Accountant- Knoxville, TN

L

LHP Capital, LLC

Posted 3 months ago

Full Time

Knoxville, Tennessee

In Person

Smart Summary

Responsibilities

The Property Accountant manages full-cycle accounting, including balance sheets, general ledger maintenance, and the preparation of financial reports for management and investors. They are also responsible for analyzing invoices, managing cash flow, and supporting year-end audits.

Qualifications

You have a Bachelor's degree in accounting or comparable experience, along with proficiency in Microsoft Excel and other Microsoft products. You are also required to have a valid driver's license and possess strong organizational and deadline-driven capabilities.

Must Have Skills for ATS

GAAP

Yardi

LIHTC

HUD

Microsoft Excel

Microsoft Office

Job Description

Description

A Company Committed to Work-Life Balance

At LHP, we believe a strong workweek should still leave room for life.

That’s why we offer Me Time — a company-paid benefit that gives employees up to 4 hours off on Fridays for personal time. Use it to recharge, take care of appointments, or simply start the weekend early. It’s part of our commitment to treating employees with respect and flexibility.

 
Why People Choose LHP…

  • Quarterly Bonus Program (once placed at a property).
  • Me Time Fridays – up to 4 paid hours off each Friday
  • Paid time off up to 15 days per year (with rollover)
  • 11 paid Holidays plus Volunteer time off
  • Employee Sponsored Cigna Medical, Dental, & Vision coverage
  • 401(k) & generous company match
  • Ongoing training and growth opportunities
  • Military Encouraged Employer

Housing with Purpose

LHP is a national leader in the development and management of affordable housing. We acquire and renovate communities to create safe, stable housing and long-term positive impact. With more than 12,900 apartment units, 95 properties, and operations in 13 states, LHP has invested over $1.1 billion in affordable housing development. We’re consistently ranked among the nation’s Top 50 Affordable Housing Owners by Affordable Housing Finance. Learn more about life at LHP:

https://www.youtube.com/watch?v=FCk_IMqgUZU&feature=youtu.be

 
Your Role on the Team 

This role is located in Knoxville, TN working primarily onsite. The Property Accountant ensures financial precision by analyzing accounting data and delivering timely reports to management. This role requires a detail-oriented professional to manage balance sheets, invoices, and general ledger maintenance while meeting strict deadlines. Manage full-cycle property accounting, including balance sheets and general ledger maintenance. Analyze invoices and research accounting data to ensure accuracy. Prepare comprehensive financial reports for management and property teams. Maintain organized documentation and audit trails. Strong grasp of accounting concepts, practices, and GAAP. Exceptional mathematical, analytical, and problem-solving abilities. Effective verbal and written communication skills. Highly organized and deadline driven.

Essential Duties and Responsibilities

  • Prepare monthly balance sheets and operating statements for multiple projects, ensuring accuracy for equity partners and investors. 
  • Compile and analyze financial data to prepare and post general ledger entries. 
  • Analyze invoices to ensure proper account classification and coding. 
  • Manage cash flow by recording deposits and coordinating wire transfers to maintain necessary account balances. 
  • Resolve accounting discrepancies related to onsite payroll, accounts payable, and software integrations. 
  • Monitor revenue and expense trends to maintain strict expenditure control. 
  • Collaborate closely with the Asset Management Analyst and regional leadership teams. 
  • Perform monthly bank reconciliations and maintain general ledger schedules.
  • Support year-end audits and manage documentation for capital expenditures and replacement reserve requests.

Our Ideal Property Accountant?

  • Bachelor’s degree in accounting or comparable experience preferred 
  • Property management experience preferred; knowledge of Yardi, LIHTC, or HUD is a plus but not required.
  • Computer experience with Excel and other Microsoft products.
  • Recent graduates welcome to apply. AI or automation familiarity is a plus.
  • Knowledge of federal and state regulations preferred.
  • Valid Driver’s License required.
  • Must be disciplined, deadline-driven, and capable of working with minimal supervision.

L

LHP Capital, LLC

LHP Capital is a real estate development firm and a national leader in the development and management of affordable multifamily housing properties. The company specializes in the acquisition and rehabilitation of these properties while working diligently to bring value and positive transformation to the communities it serves. LHP has completed more than $1.5 billion in development activities creating safe, secure and quality affordable housing communities our residents love calling home. LHP Capital currently owns and manages 57 multifamily properties comprising more than 7,000 apartment units in six states. The development team actively pursues acquisition opportunities that would benefit from the resources available under the Low Income Housing Tax Credit (LIHTC) program. LHP, headquartered in Knoxville, has more than 325 dedicated employees. Giving back to the community is ingrained in LHP’s company culture. The company supports a wide array of charitable organizations and encourages employees to contribute to the communities in which they live and work by offering a Volunteer Time Off (VTO) program. The employees of LHP know firsthand the hardships many residents face and as a result often go beyond the call of duty to assist by volunteering and giving to organizations that serve low‐income communities. They care deeply about creating strong communities and work tirelessly to provide quality, affordable housing for individuals, families, seniors and people with disabilities.
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