Property Accountant Liaison

Transwestern•Washington, DC

2d•$110,000 - $120,000•Onsite

About The Position

The Property Accountant Liaison will prepare monthly financial and capital investment reports. The Property Accountant Liaison will be expected to use the assigned real estate accounting software(s) to perform his/her tasks and analysis. Also, will act as liaison with TW and Owner accounting teams, and Property Management, to keep a strong relationship, foster communication, and ensure deadlines are met. It is also the responsibility of the Property Accountant Liaison not only to exhibit legendary customer service when communicating with tenants, owner’s, and vendors but also to focus on productivity and results.

Requirements

Associates degree in Accounting or Finance, bachelor’s degree preferred.
At least two (2) years of Commercial Real Estate or Third-Party accounting experience.
Intermediate Microsoft Word, Excel and Adobe Acrobat skills are required.
Should have recent real estate accounting software package experience, Preferably MRI and Yardi.
Professional verbal and written communication skills.
Ability to keep information strictly confidential.
Strong desire to succeed in an entrepreneurial environment.
Must be able to handle multiple projects and changing priorities.
Strong customer service orientation.
Very organized, detail orientated and able to prioritize many tasks.

Nice To Haves

Other software such as Kardin, Payplus, Collect and AvidXchang will also be helpful.

Responsibilities

Act as a liaison between Property Management, the accounting department, and the owners.
Prepare monthly capital investment worksheets and provide oversight of the capital investment analysis, as needed. Obtain approvals, preparation of progress billings, and backup materials. Complete process until all invoices are entered in PAY.
Work closely with TW and Client Accounting teams to maintain strong relationships and ensure that deadlines are met.
When necessary, provide appropriate information to Property Management and assist in completing budget reforecasts.
Review and evaluate current and future cash requirements, as needed.
Monthly review of tenant accounts and pursue AR.
Work with Property Management in the preparation of the annual budget.
Produce ad hoc reports and financial analysis as required by the owners and Management team.
Review financial statements and all monthly reports, explain variances to budget and work with TW Accounting as needed.
Manage and coordinate day-to-day financial transactions including accounts receivable, accounts payable (taking advantage of all available discounts) collection of all rents, miscellaneous income, and charges, accurate and up-to-date maintenance of required financial records and files.
Assist the Property Manager in the development of property business plan with capital and operating budgets.
Demonstrate a working knowledge of budget preparation, financial and variance reporting, and the understanding of the calculations for escalations and reconciliations.
Communicate clearly and on a timely basis with project accounting personnel using and/or providing the appropriate documentation.
Review and finalize annual tenant estimates and escalations; create and enter retroactive charges/credits, as required.
Engage in further development of budget preparation, operating expense reconciliation, and monthly ownership reporting (including variance reports, executive summaries, aging reports, etc.) as needed.
Manage and coordinate day-to-day financial transactions including, accounts receivable which includes posting cash receipts, tenant bill backs, AR status reports, etc.; Accounts payable (taking advantage of all available discounts) which includes coding invoices, posting AP reports, vendor on-boarding, etc.; Collection of all rents, miscellaneous income, and charges.; Accurate and up-to-date maintenance of required financial records and files.
Additional duties as requested by Property Manager or Controller.
Review Corporate AR of properties assigned, for outstanding management fees, salaries, etc.