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Property Management Accountant 1

CommonBond Communities
Saint Paul, MN
Start date
Mar 5, 2024
Closing date
Apr 4, 2024

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Job Type
Employment Status
Full Time

Job Details

Home is the foundation for everything in life. Since 1971, our model has been about supporting residents in finding stability and achieving their goals. It’s why we’re more than housing—we combine quality affordable homes with our on-site Advantage Services—because we believe that with the right support and opportunities, all people can thrive. Today, over 13,000 people—families, seniors, veterans, and people with disabilities and other barriers—call a CommonBond community “home.”  Our core values are Respect, Integrity, Partnership, Innovation, and Excellence. We live these values and look for people who embody them to represent our organization in the community. If this sounds like you, please consider joining our team.  

Why CommonBond Communities?:

  • Work-life balance
  • Competitive salary
  • Employee referral program
  • Comprehensive benefits package
  • Employee recognition and rewards program
  • A respectful and growth-oriented workplace
  • A chance to make a difference in the community!
  • Ongoing training and professional development

CommonBond Communities invites qualified applicants to apply for the Property Accountant 1  position at our  Central Office in St. Paul, MN. The Property Management Accountant 1 position is an accounting professional responsible for all phases of accounting for multiple sets of property books, prepares and reviews monthly reports and provides support to the accounting department. This position will be working primarily with HUD Sites.



1) Perform all financial accounting and reporting for a portfolio of individual properties

2) Support Property Management and Advantage Services teams in the effective operation of properties, including:

a. Monthly, or more frequently as needed, financial reviews with each H&S Property Management team

b. Ongoing training with H&S property teams to ensure proper recording of transactions and use of our Yardi system

c. Monitoring of property cash flows and coordination of cash advance activity with Asset Management and Property Management

d. Monitoring of property cash flows and coordination of cash advance activity with Asset Management and Property Management

3) General ledger and journal entry maintenance for property books (HUD and Stable Properties)

4) Maintains schedules for assets, liabilities, and depreciation 

5) Produces accurate monthly and year end financials for management and board members 

6) Reconciles bank accounts, utilities, other vendor accounts

7) Prepares audit schedules 

8) Complies with all internal control procedures 

9) Assists with site budgets. 

10) Act as primary resource of financial operation for the property managers and other site personnel 

11) Accurately prepare reports for distribution to management and various government agencies

12) Cash Balance Overview- Weekly

13) Calculate and bill management fees and escrow payments monthly

14) Other duties as assigned




a) Bachelor’s Degree in Accounting

b) Previous work or internship experience

c) Competency in Microsoft Office products (Word, Outlook, Excel, PowerPoint)

d) Ability to maintain effective internal control procedures

e) Attention to detail and accuracy

f) Demonstrated experience working within diverse communities, which include people of various ages, gender, sexual orientations, national origins, income levels, ability levels, religious affiliations, races, and languages

g) Ability to work independently and cross functionally

h) Excellent customer service, organization, and both written and oral communication skills

i) Ability to manage multiple duties while adhering to established deadlines



a) Experience with property management

b) Experience with Yardi (ERP system)



a) Ability to sit for extended periods of time 

b) Ability to type data into a computer 

c) Ability to lift up to 10 pounds 




Must be willing and able to work extended hours as necessary to support the organization's requirements



CommonBond Communities, the Midwest's largest nonprofit provider of affordable housing with services, has served the region for over 40 years. We are considered a national leader and innovator in the affordable housing and community development field. We develop, own or manage 5,000 affordable rental apartments and townhomes throughout 50 cities in Minnesota, Wisconsin and Iowa. Join our team and help us make a difference!

As an employee with CommonBond Communities, you’ll receive a strong compensation and benefits package including:

  • Competitive pay
  • Medical
  • Dental
  • Life and disability coverage
  • 401K retirement plan
  • Personal time off (PTO)
Company info
1080 Montreal Avenue

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