Property Accountant

Description

POSITION SUMMARY: 

The Property Accountant plays a crucial role in ensuring accurate financial reporting and management for assigned properties. With a focus on implementing best practices and improving efficiencies, this position requires a candidate with a positive attitude, flexibility, and adaptability to navigate the dynamic challenges of property accounting. The ideal candidate will demonstrate a proactive approach to identifying and implementing solutions, contributing to the growth and success of the organization while embracing opportunities for personal and professional development within the role. 

ABOUT ROBERTS RESORTS & COMMUNITIES: 

This company operates nationally and is growing by the day. At Roberts Resorts & Communities, we're on a mission to build community and fulfilling dreams. Through our core values of resourcefulness, integrity, passion, and epic customer service, we're dedicated to making a difference in the lives of 30,000 people. If you're passionate about creating meaningful impact, thrive in a culture of integrity, and are committed to delivering exceptional service, we invite you to join us in turning visions into reality and shaping a brighter future together. 

PERFORMANCE OBJECTIVES: 

• Adhere to the Core Values Platform and Policies and Procedures Manual, ensuring compliance with company standards. 

• Manage employee petty cash accounts and charges, as well as company credit card accounts, for assigned properties. 

• Reconcile company accounts and process billbacks accurately and in a timely manner. 

• Perform general ledger reconciliations and post correcting entries to maintain accurate financial records. 

• Conduct weekly bank reconciliations and reconcile loan statements to ensure financial transparency. 

• Review aged accounts payable and accounts receivable, submitting reports promptly to field staff. 

• Set up new vendors and calculate/book monthly management fees as required. 

• Assist in budget preparation and process tax forms such as 1098 and 1099. 

• Provide support to field staff with invoice coding and assist senior staff and Controller as needed. 

• Record revenue entries for assigned properties and ensure accuracy in financial reporting. 

• Conduct monthly financial statement reviews, preparing reports for field staff and performing profit and loss variance analysis. 

• Collaborate with teams to investigate discrepancies, post accruals, and research missing invoices to maintain financial integrity. 

Requirements

 KEY COMPETENCIES: 

1. Timely Bank Reconciliations: Ability to complete bank reconciliations for assigned properties by day 5 of each month, ensuring accuracy and transparency in financial records. 
2. Efficient Month-End Close: Proficiency in managing month-end close processes to ensure completion by day 12, maintaining efficiency in financial reporting. 
3. Prompt Balance Sheet Reconciliations: Capability to conduct balance sheet reconciliations for assigned properties by day 15, maintaining accuracy and compliance with accounting standards. 
4. Correcting Entries Management: Skill in identifying and posting all correcting entries during financial review processes by the end of each month, maintaining accuracy and integrity in financial reporting. 
5. Accounting Principles: Strong understanding of basic accounting principles and concepts, ensuring accurate financial reporting and general ledger management. 
6. Financial Reporting Expertise: Ability to prepare accurate and timely financial reports for properties, including income statements, balance sheets, and cash flow statements. 
7. Attention to Detail: Meticulous attention to detail in financial records, reconciliations, and property-related transactions, ensuring accuracy and compliance with accounting principles. 
8. Analytical Skills: Strong analytical abilities to interpret financial data, analyze variances, and identify trends or anomalies, enabling data-driven recommendations for property improvement. 
9. Communication Skills: Effective communication skills to liaise with property managers, tenants, vendors, and stakeholders, facilitating clear and professional interactions. 
10. Adaptability: Demonstrated ability to adapt to changing priorities, deadlines, and property management needs, handling diverse tasks and adjusting to new processes or software tools as required. 

 EDUCATION & EXPERIENCE: 

• Associate's degree in accounting, finance, or related field. 

• 1-2 years of accounting exper