Property Accountant

Description

The Property Accountant is responsible for reconciling property cash accounts, monitoring accounts payable and receivable activity at the property level, reconciling supporting schedules to account balances on the financial statements and resolving tie out variances, entering general ledger journal entries, compiling the financial statements for owners, and working closely with the property onsite team members to answer any Accounting-related questions.

Responsibilities:

• Complete bank reconciliations and deposit receipts as necessary
• Work closely with Property Managers and Regional Managers
• Monitor revenue/expense activity and make corrections as necessary
• Post journal entries
• Tie out account balances to supporting schedules and resolve variances
• Prepare monthly financial statements for multiple properties
• Address uncashed checks over 90 days for unclaimed property purposes
• Prepare/submit draw requests
• Enter invoices on a limited basis
• Prepare 1099s
• Assist in budgeting process
• Assist in onboarding/offboarding of new properties/clients
• Oversee property taxes for assigned properties
• Create year-end financial packages for tax reporting purposes
• Fulfill audit requests as necessary

Requirements

• Proficiency in the use of Microsoft Word, Microsoft Excel, and accounting software
• The ability to analyze financial statements absolutely requires strong written and oral communication skills in a business environment.
• Ability to work well under pressure, with daily, weekly, monthly, and quarterly deadlines.
• Well-developed organizational skills. Ability to prioritize duties and meet deadlines.
• Ability to work successfully as part of a team environment.
• Excellent interpersonal skills and a service-oriented background and mentality
• Ability to operate office machinery, including but not limited to: telephone, computer, adding machine, copy machine, fax machine, scanner, printer, etc.
• Close vision (clear vision at 20 inches or less)
• Ability to lift to 10 pounds on an occasional basis.
• Two to three years’ experience in property management and accounting is helpful. A general real estate background is helpful. Experience with Yardi software is a plus

Education:

• An Associate degree in Accounting is required. A Bachelor’s degree in Accounting or a closely related field is a plus.