Property Accountant
About The Position
Under the direction of the Controller and CFO, the Property Accountant performs day-to-day accounting functions needed to produce monthly GAAP financial statements for properties owned by investment funds or held in other joint venture structures. Accuracy and timely completion of work are required. The role calls for strong communication skills, a good work ethic, and analytical thinking. A bachelor’s degree in accounting and at least three years of experience are stated in the description; real estate experience is preferred. The requirements section separately specifies 2–3 years of accounting experience.
Requirements
- Bachelor’s degree in accounting.
- At least three years of experience, as stated in the Basic Function section.
- 2–3 years of accounting experience, as stated in the Requirements section.
- Strong communication skills.
- Good work ethic.
- Analytical thinking.
- Accuracy and timeliness in completing work.
Nice To Haves
- Experience in the real estate field.
Responsibilities
- Prepare monthly bank reconciliations.
- Record monthly adjusting and accrual entries.
- Update the fixed asset system for additions and disposals and record monthly depreciation and amortization.
- Monitor cash balances and recommend capital calls and distributions from or to investors.
- Prepare monthly GAAP financial statement analysis with variance reporting.
- Compile monthly financial statement packages with required supporting documentation.
- Distribute financial statements to lenders and owners.
- Attend owner meetings as necessary.
- Assist with annual audit and tax return preparation.
- Assist with annual budget preparation.
- Record electronic payments.
- Perform additional duties as assigned by management.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
