Property Accountant
About The Position
Work with Cushman & Wakefield property accountants to prepare monthly financial reports for eight property entities and consolidated reports. The role also supports budgeting, forecasting, accounts payable and receivable, owner funding requests, and other financial reporting. It includes preparing annual common-area maintenance (CAM) reconciliations for all properties, reviewing leases to ensure CAM is completed appropriately, and completing reconciliations by the first quarter or lease-clarified dates. The Property Accountant works with property and general managers to improve internal processes and meet client expectations and policies.
Responsibilities
- Prepare monthly financial reports for eight property entities and consolidated reports.
- Ensure tenant billings are accurate and consistent with lease terms, including recurring and sundry charges.
- Prepare month-end accruals and journal entries, budget variance reports, and quarterly reforecasts.
- Prepare monthly reforecasts during the three months of budget season.
- Reallocate expenses for each property based on operations.
- Provide clients with quarterly variance comments explaining changes between reforecasts and the current-year budget.
- Prepare annual budgets with the General Manager and Property Manager, including deferred rent and depreciation schedules.
- Review and approve accounts payable with the Property Administrator or Assistant Property Manager and the General Manager or Property Manager, ensuring accurate coding and timely processing.
- Ensure property accountants post accounts receivable to tenant accounts accurately and promptly.
- Work with the General Manager and Property Manager to ensure timely collection of accounts receivable.
- Prepare owner funding requests as needed.
- Prepare other financial reports as requested by ownership.
- Complete annual CAM reconciliations for all properties, reviewing leases to ensure reconciliations are completed appropriately and by the first quarter or lease-clarified dates.
- Work with the General Manager and Property Manager to streamline internal inefficiencies.
- Understand and meet client expectations and policies.
Benefits
- Health insurance
- Vision insurance
- Dental insurance
- Flexible spending accounts
- Health savings accounts
- Retirement savings plans
- Life insurance
- Disability insurance
- Paid and unpaid time away from work
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What This Job Offers
Job Type
Full-time
Education Level
No Education Listed
