Property Accountant
About The Position
Prometheus is seeking a motivated individual to join our accounting team as a Property Accountant. The Property Accountant performs real estate accounting duties for operating and development properties including but not limited to maintenance and analysis of accounting records; preparing monthly financial reports and cash flow projections and other reports as required by management or owners. Financial and Reporting - Prepare and review property financial statements and related supporting documents to ensure the financial statements are correct and in conformity with GAAP; prepare a monthly financial summary analysis and participate in monthly financial review meetings, demonstrating an understanding of the financial results of the assigned portfolio; prepare loan compliance reports and assist with annual budgets. Property Accounting - Complete month-end close activities in accordance with monthly accounting close calendar and month-end review checklist, ensuring items are completed within defined deadlines and all journals are posted timely and accurately; Maintain accounting records for residential and commercial properties including recording journal entries, preparing financial statements, variance review and bank reconciliation; prepare balance sheet reconciliations and review trial balances to ensure all activity is properly classified in the property level general ledgers. Audit/Tax/& Other Responsibilities – Provide year-end compliance audit and/or tax return workpapers; assist the Tax Department in preparation of tax working papers, tax projections, audit packages, and fixed asset schedules.
Requirements
- High school diploma or general education degree (GED)
- Bachelor’s degree in accounting or finance preferred
- Minimum of 4 years of relevant accounting experience
- Real estate accounting experience with use of property management software a bonus
- Strong working knowledge of issues, procedures and practices associated with property management, real estate, construction and partnership accounting
- Must possess basic computational skills
- Must be able to prepare and analyze data figures and transcriptions generated by a computer
- Computer proficient in Windows, MS Office, Word, Excel, Outlook, OneSite
- Hands-on experience with property management / job cost accounting system such as Sage, OneSite or Yardi preferred
- Team Oriented
- Communicator
- Entrepreneurial
- Passionate
- Self-Starter
- Creative
- Principled
- Brand Ambassador
Nice To Haves
- Bachelor’s degree in accounting or finance
- Real estate accounting experience with use of property management software
- Hands-on experience with property management / job cost accounting system such as Sage, OneSite or Yardi
Responsibilities
- Prepare and review property financial statements and related supporting documents to ensure the financial statements are correct and in conformity with GAAP
- Prepare a monthly financial summary analysis and participate in monthly financial review meetings, demonstrating an understanding of the financial results of the assigned portfolio
- Prepare loan compliance reports and assist with annual budgets
- Complete month-end close activities in accordance with monthly accounting close calendar and month-end review checklist, ensuring items are completed within defined deadlines and all journals are posted timely and accurately
- Maintain accounting records for residential and commercial properties including recording journal entries, preparing financial statements, variance review and bank reconciliation
- Prepare balance sheet reconciliations and review trial balances to ensure all activity is properly classified in the property level general ledgers
- Provide year-end compliance audit and/or tax return workpapers
- Assist the Tax Department in preparation of tax working papers, tax projections, audit packages, and fixed asset schedules
Benefits
- Medical; Vision; Dental:100% Company-paid plans (including eligible dependents) and affordable buy-up options
- Life Insurance; Accidental Death & Dismemberment Insurance; Long Term Disability
- Behavioral Health Program Accessible 24/7
- Tax-Free Flexible Spending Accounts
- 401(K) Retirement Plan with Employer Matching
- Recognition & Rewards Program (Torch)
- Vacation: 10 days per year with accrual increasing over time
- Anniversary Vacation: 40-hour Vacation Granted at Tenured Milestones
- Sick Leave: 9 days per year
- 12 paid holidays, including your birthday!
- Paid Volunteer Time
- Tenure-based Housing discounts
- Educational Assistance, Tuition Reimbursement
- Referral Bonus
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
