Property Accountant

United Payroll, LLC • City of Troy, NY

6d • Onsite

About The Position

The United Group of Companies, Inc. is a leader in real estate development and management with over 50 years of industry expertise. They are seeking a full-time Property Accountant for their Corporate office in Troy, NY. The company has been recognized as a Top Workplaces employer for multiple consecutive years and their management company has received a prestigious award. United Group focuses on creating vibrant communities and enriching living and working experiences.

Requirements

• Bachelor’s degree in accounting, finance or related industry.
• 2+ years of accounting experience, preferably in property management or real estate.
• Advanced proficiency in Microsoft Excel and other Microsoft Office applications.
• Professional image compatible with United Group – positive attitude, energetic, assertive.
• Demonstrates integrity on a personal and professional level.
• Strong work ethic with exceptional verbal and written communication.
• Demonstrated proficiency in analytical thinking and accounting principles.

Nice To Haves

• Entrata experience is a plus.
• CPA preferred but not required.

Responsibilities

• Monitor and report on cash management.
• Handle Accounts Payable for distressed properties.
• Perform bank reconciliations and prepare monthly financial statements.
• Ensure regulatory compliance with governmental agencies and GAAP.
• Generate reports and data necessary for property operations management.
• Prepare detailed accounting, statistical, and narrative financial statements and reports requiring analysis and interpretation.
• Collect data on direct, indirect, and overhead costs for rate and fee setting.
• Participate in the preparation, evaluation, justification, and maintenance of budgets and financial controls.
• Examine records to ensure asset acquisition, sale, retirement, and other entries are reflected.
• Prepare schedules for depreciation of buildings and equipment.
• Prepare Ad Hoc Reports (Cash flows/projections/finance and management requests).
• Provide guidance to Accounts Payable staff for timely and accurate payment processing.
• Assist and provide support to Accounting Intern.
• Collaborate with Property and Regional Managers in the creation of the annual property budget.
• Upload budgets for assigned properties into the management operating system.
• Present and explain variances to budget to owners, executives, and management.
• Create monthly reporting and financial statements for management.
• Work with Property Management to apply core accounting principles and practices and ensure established controls are adhered to.
• Assist Controller, CFO, CEO and management with special projects.
• Prepare and disseminate reports including end of month reports, leasing/occupancy reports, cash management and analysis, aging accounts receivable, etc.
• Work with management and leadership to cure deficiencies and set up contingency plans for distressed properties.
• Follow policies and procedures for the Accounting Department.
• Update property information and checklists to ensure fluid operations.
• Ensure Financial Statement delivery meets established deadlines.
• Prepare monthly Financial Statements and work to remedy any deficiencies before final review by the Controller.
• Ensure Financial Statements are disseminated to appropriate stakeholders after management approval and ensure consistent and timely electronic retention.
• Respond to audit inquiries and comply with Regulators/Auditors' requests.
• Create and maintain Monthly/Quarterly/Annual checklists for Audits/Tax Returns + Annual Filings.

Benefits

• Medical – Highmark BlueShield of Northeastern NY – 3 insurance plans with HSA options
• Dental
• Vision
• Life Insurance – Company paid Basic Life Insurance Policy (1x Annual Salary) with additional Voluntary Life Plans
• 401K Retirement Plan – Voya Financial; eligible for Employer Match after 1 Year of Service; up to 4% Company Match.
• Employee Assistance Program
• United Concierge Medicine (24/7 telemedicine service, including Mental Health)
• Calm App premium subscription
• Learning Care Group (childcare tuition discount)
• Dependent Care FSA
• Tuition Assistance Program
• Personal Time Off (24 Hours)
• Sick Time Off (56 Hours)
• Vacation Time (80 Hours; escalated based on years of service up to 160 Hours)
• 10 Company Paid Holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level