Property Accountant

COPT Defense Properties

About The Position

The Property Accountant will be responsible for maintaining the books and records for assigned properties, performing month-end close activities, and preparing financial analyses. This role involves collaborating with Property Management teams, ensuring internal controls are maintained, and participating in various financial processes such as budgeting, forecasting, and expense true-ups. The position also supports accounts receivable functions and may participate in due diligence for acquisitions, dispositions, or financing.

Requirements

Bachelor degree in Accounting or related field is required.
1-3 years related accounting experience with increased responsibility and strong performance necessary.
PC proficiency to include but not limited to) 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 such as Voyager required.
Strong analytical, technical, and interpersonal and communication skills required.
Demonstrated ability to manage and comprehend multiple and complex business transactions and documents simultaneously with good and possibly independent judgment.
Must have strong problem solving skills.
Must possess solutions based approach to identified areas of opportunity.
Must be able to work independently.
Must possess a working knowledge of GAAP and Sarbanes Oxley.

Nice To Haves

Will consider college graduate with COPT internship experience.
CPA Candidate preferred

Responsibilities

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.
Supports Accounts Receivable function in resolving questions/issues.
Participates in the due diligence process for acquisitions, dispositions or financing which requires an intense effort in a compressed time frame.
Participates in maintaining the internal controls and policies of COPT. Communicate any deficiencies in controls to Supervisor.
Other job-related duties as assigned.