Property Accountant

Aston Carter•Columbia, MD

3d•$70,000 - $90,000•Onsite

About The Position

Work with Portfolio Controller to maintain books and records for assigned properties. Perform assigned month-end close activities of assigned portfolio of properties. Propose and/or record monthly journal entries including rental revenue, CAM accrual and direct tenant billings; monthly operating expense contract accruals; and other operating expense accruals. Prepare required variance analysis comparing actual against budget and forecasts in current and prior periods. Prepare Balance Sheet account reconciliations for review by Portfolio Controller. Resolve outstanding items using judgement and discretion as appropriate. Ensure internal controls are being maintained. Participate in regular recurring meetings with Property Management teams to review financial results, discuss outstanding A/R and to update quarterly forecasts with Property Managers. Collaborate with and provide support to Property Management teams as needed. Work with Portfolio Controller to prepare and analyze budgets and forecasts. Monitor and review purchase orders and pay invoices to ensure timely payment and recording as well as proper coding. Participate in the annual operating expense true-up process to ensure accurate billings or refunds to tenants in accordance with the lease requirements. Monitors tenant’s accounts for completeness and accuracy. Supports Accounts Receivable function in resolving questions/issues. Participates in the due diligence process for acquisitions, dispositions or financings which requires an intense effort in a compressed timeframe. Participates in maintaining the internal controls and policies of CDP. Communicate any deficiencies in controls to Supervisor. Other job-related duties as assigned.

Requirements

1-3 years related accounting experience with strong performance necessary.
PC proficiency to include Microsoft Office applications (Word, Excel, Outlook, etc.) and ability to learn company specific software.
Ability to adapt to new or changing software programs.
Familiarity with accounting systems required.

Nice To Haves

CPA or CPA Candidate preferred.
Will consider college graduate with CDP internship experience.

Responsibilities

Maintain books and records for assigned properties.
Perform month-end close activities for assigned portfolio of properties.
Propose and/or record monthly journal entries including rental revenue, CAM accrual and direct tenant billings; monthly operating expense contract accruals; and other operating expense accruals.
Prepare variance analysis comparing actual against budget and forecasts.
Prepare Balance Sheet account reconciliations.
Resolve outstanding items.
Ensure internal controls are maintained.
Participate in meetings with Property Management teams to review financial results, discuss outstanding A/R and update quarterly forecasts.
Collaborate with and provide support to Property Management teams.
Prepare and analyze budgets and forecasts.
Monitor and review purchase orders and pay invoices.
Participate in the annual operating expense true-up process.
Monitor tenant’s accounts for completeness and accuracy.
Support Accounts Receivable function in resolving questions/issues.
Participate in the due diligence process for acquisitions, dispositions or financings.
Participate in maintaining the internal controls and policies of CDP.
Communicate any deficiencies in controls to Supervisor.
Perform other job-related duties as assigned.