Property Analyst

Wallick Communities • New Albany, OH

1d

About The Position

Join Wallick Communities, a 100% employee-owned company with over 55 years of experience in providing affordable housing and assisted living for families and seniors across the Midwest. With 1,000+ associates and a mission to open doors to homes, opportunity, and hope, we take pride in fostering a supportive and collaborative work environment where every employee-owner plays a vital role.
Position Summary: The Property Analyst is responsible for the financial statements produced for all assigned communities. This position is required to analyze data, provide variance analysis, review entries, make corrections, and perform reconciliations in the pursuit of accurate reporting. This position must communicate with outside partners (ie - lenders, investors, and government agencies).

Requirements

• Requires a bachelor's degree in accounting or real estate. Or equivalent experience of 5+ years in the role.
• Effectively able to record journal entries and evaluate financial statements for accuracy and completeness.
• Strong analytical, critical thinking, and communication skills.
• Should possess basic knowledge of laws and regulations governing: HUD, Tax credit, public housing.
• Should possess basic knowledge of construction, affordable/senior living development accounting.
• Should possess basic knowledge of ownership structures and financial modeling. Ability to analyze and provide commentary on financial results/variances.
• Possess intermediate skills in Excel.
• Must possess the ability to read and analyze financial reports and other accounting data.
• Must be able to respond to inquiries from assigned properties and internal stakeholders.
• Ability to communicate with lenders, investors, auditors, and various governmental representatives.
• If working remotely, the ability to have reliable internet for online communication.

Nice To Haves

• Willing to pursue an MBA, Masters, CPA, CGMA, or other certification relevant to the industry. Not a requirement but may allow for future growth within the organization.

Responsibilities

• Perform all accounting journal entries and analyze financial information specific property accounts for 30 sites monthly.
• Reconcile bank accounts and having supporting schedules monthly for all balance sheet accounts.
• Review income statement accounts on an analytic basis to ensure GAAP and HUD standards are followed and any variances are explainable.
• Prepare reporting monthly, quarterly, and annually.
• Work with lenders, syndicators, investors, regulatory agencies, and various internal stakeholders on reporting and inquiries.
• Review audits and tax returns for assigned sites.
• Assist in annual budgeting for the sites.
• Desire to learn more complex accounting transactions: acquisitions, refinance, casualty loss, sales, other onboarding/offboarding.
• Assist on projects that ensure internal controls and bring efficiency.
• Learn HUD, RD, and other applicable regulatory agency requirements.
• Ensure payments made on taxes and other annual items, along with verifying the accuracy of accruals analytically.
• Oversee interns that are hired.
• Perform other related duties as assigned.

Benefits

• Health, dental, vision insurance effective within 2 weeks of starting your new job, paid time off, gym membership reimbursement, paid parental leave, 401K, and more!
• Paid time off, including paid parental leave.
• Tuition reimbursement, training, professional development, and advancement opportunities within a company that invests in its people.

What This Job Offers

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