Senior Commercial Property Accountant (Newport News, Virginia)
About The Position
The Senior Commercial Property Accountant prepares multiple monthly financial reports accurately and on time. The role reviews general ledgers; prepares cash- and accrual-basis financial statements in accordance with GAAP; generates and posts general ledger transactions; reconciles balance sheet items; prepares or reviews bank reconciliations, management fees, and other computations; and reviews annual budgets for reasonableness and compliance with the basis of accounting. The position also assists with budget variance reports, owner distributions, pooled investment accounts, special projects, bookkeeping, and tax and audit workpapers for managed projects. It responds to inquiries from CPAs, clients, and property management personnel about financial statements. The accountant compiles and analyzes financial information, documents transactions, investigates and corrects errors, determines the proper handling of transactions, and approves transactions within designated limits. The role analyzes assets, liabilities, and capital and prepares balance sheets, profit and loss statements, and other reports describing current and projected financial position. It may also prepare or review acquisition, sale, and other unusual entries and perform other assigned duties. The position requires strong general ledger and problem-solving skills and the ability to work independently. Office hours are 8:30 a.m. to 5:00 p.m. Additional hours may be required, particularly during the first quarter tax season and to meet monthly deadlines. A minimum of three years of accounting and reporting experience is required; property management or related-industry experience is ideal. A bachelor’s degree in Accounting is preferred but not required. Strong competency with Microsoft Windows, Excel, and accounting software, plus working knowledge of Microsoft Word, is expected. Yardi Voyager or similar property management software experience is preferred but not required. The employee should also have strong basic math skills and the ability to solve practical problems and interpret varied instructions.
Requirements
- At least 3 years of experience in accounting and reporting.
- Excellent general ledger and problem-solving skills.
- Ability to work independently.
- High competency with Microsoft Windows, Excel, and accounting software generally; working knowledge of Microsoft Word.
- High level of basic math skills, including the ability to work with fractions, percentages, ratios, and proportions and apply them to practical situations.
- Ability to solve practical problems in situations with limited standardization and interpret written, oral, diagram, or schedule instructions.
- Ability to perform the essential duties satisfactorily; reasonable accommodations may be made for individuals with disabilities.
- Availability to work office hours of 8:30 a.m. to 5:00 p.m. and additional hours when needed, particularly during first-quarter tax season and to meet monthly deadlines.
Nice To Haves
- Accounting and reporting experience in property management or a related industry.
- Bachelor’s degree in Accounting.
- Experience with Yardi Voyager or similar property management software.
Responsibilities
- Prepare accurate and timely monthly financial reports and GAAP-compliant financial statements on cash and accrual bases.
- Review general ledgers for accuracy and detail; generate and post general ledger transactions.
- Compile and analyze financial information and prepare entries documenting business transactions.
- Reconcile balance sheet items with subsidiary ledgers, lender or bank statements, and other supporting documents.
- Prepare or review monthly bank reconciliations, management fee computations, and other calculations.
- Review annual budgets for reasonableness and compliance with the applicable basis of accounting.
- Assist with budget variance reports, owner distributions, pooled investment accounts, special projects, and bookkeeping.
- Prepare tax and audit workpapers for managed projects.
- Respond to CPAs, clients, and property management personnel regarding financial statements.
- Review, investigate, and correct errors and inconsistencies in financial entries, documents, and reports.
- Determine proper handling of financial transactions and approve transactions within designated limits.
- Analyze assets, liabilities, and capital and prepare balance sheets, profit and loss statements, and other financial reports.
- Prepare or review acquisition, sale, or other unusual entries.
- Perform other duties as assigned.
Benefits
- Health benefits
- Dental benefits
- Life insurance
- 401(k)
- Employee Assistance Program
- Long-term disability
- Vacation leave
- Sick leave
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
