Property Accountant (Remote & Hybrid Opportunities)

Company Description

ABOUT STREAM REALTY PARTNERS

Founded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. With 215+ million square feet of assignments and more than $5.8 billion in annual transactions, we are one of the fastest-growing, full-service commercial real estate services organizations in the country. We’ve grown from our two original partners to 1,200+ talented individuals that come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. More information on the firm is available on the website: www.streamrealty.com. 

IMMEDIATE IMPACT. MEANINGFUL CAREER.

At Stream, we know our success begins and ends with our people. It’s the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our client’s needs while instilling you with unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won’t simply start a new job—you will build a meaningful and impactful career.

Job Description

POSITION OVERVIEW: 

At Stream, a Property Accountant ensures that the financial statements for their portfolio of properties are completed timely and accurately.  This includes a detailed review of monthly financial statements and the general ledger, along with reviewing daily transactions to ensure accuracy and compliance with internal and external policies.  Additionally, Property Accountants assist the Property Management teams with the completion of Annual Budgets and Operating Expense Reconciliations.

Stream's Property Accountants enjoy a defined career path, mentoring, access to established training resources, and a hybrid or remote work schedule all within a company that recognizes Property Accounting's contribution to its ongoing success. 

ESSENTIAL FUNCTIONS: 

• Provide internal and external reporting of Property financial results.
• Prepare internal and external reporting packages, working with Property Management to analyze financial performance and develop reports.
• Support the budgeting process for the properties and expense reconciliation preparation through a review of data.
• Prepare recurring and ad hoc analyses and reports as required.
• Provide excellent external and internal customer service.

RESPONSIBILITIES: 

• Prepare the monthly financial statement packages which include an in-depth review of the general ledger and income statement, bank statement reconciliations, balance sheet reconciliations, creating and posting journal entries recorded to the general ledger, fixed asset depreciation, and amortization, and Property Manager variance comment review.
• Ensure internal and external deadlines are met.
• Communicate and interact with the Property Management team(s) regarding financial issues and data. 
• Interact with Clients as needed on basic/complex issues, and with assistance from the manager or supervisor on more advanced issues.
• Prepare and submit Sales & Use Tax returns as applicable.
• Cash management for the Properties; Ensure critical timely payment of utilities, taxes, mortgages, and owner distributions.
• Review and post cash receipts.
• Review and payment processing of vendor invoices.
• Assist the Accounting Manager with the transition of property assignments.
• Ensure compliance with SOC I requirements for self and the Property Management team.
• Other duties as assigned.

Qualifications

KNOWLEDGE / SKILLS / EXPERIENCE:  

• 1-4 years related accounting/reporting experience or public audit experience.
• Analytical and accounting skills commensurate with experience level.
• Solid understanding of accounting principles.
• Excellent communication skills, both verbal and written.  Listen with comprehension, and ask questions for clarification.
• Ability to interact with Clients and team members.
• Intermediate competence in Microsoft Excel and Outlook.
• Knowledge of various accounting software; Yardi and/or MRI experience is a plus.
• Self-motivation, ability to multi-task, and thrive in a deadline-oriented environment.
• Ability to take initiative in solving routine/advanced problems, and present possible solutions to supervisor for feedback regarding more complex issues or problems.
• Full-cycle G/L Accounting and Real Estate Industry experience are a plus.

EDUCATION: