Property Accountant
CRM Residential•Pleasantville, NJ
•$55,000 - $60,000
About The Position
Under the direction of the Controller and CFO, the Property Accountant is responsible for the day-to-day accounting functions required to produce monthly GAAP financial statements for properties owned by investment funds or in other joint venture structures. Accuracy and timeliness in the completion of the workload is required in this position. Strong communication skills, good work ethic, analytical thinking, a bachelor’s degree in accounting and at least 3 years of experience are required and experience in the real estate field is preferred.
Requirements
- Bachelor's degree in accounting
- At least 3 years of experience
- Strong communication skills
- Good work ethic
- Analytical thinking
- 2-3 years of accounting experience
Nice To Haves
- Experience in the real estate field
Responsibilities
- Prepare monthly bank reconciliations
- Record monthly adjusting and accrual entries
- Update fixed asset system for additions and disposals and record monthly depreciation/amortization
- Monitor cash balances and recommend capital calls and distributions from/to investors
- Prepare monthly financial statement analysis according to GAAP with variance reporting
- Compile monthly financial statement package with required supporting documentation
- Distribute financials to lenders/owners
- Attend owner meetings, as necessary
- Assist in the annual audit and tax return preparation
- Assist in annual budget preparation
- Record electronic payments
- Additional duties as assigned by management
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
