Senior Real Estate/Property Accountant
About The Position
Doran Companies is looking for a Sr. Property Accountant. Take the next step in your accounting career with a role that truly values your experience. As our Senior Property Accountant, you'll lead critical financial functions for our Property Management Division — bringing a higher level of ownership to complex accounting activities and making a meaningful impact on the day-to-day financial health of our properties. This is an in-office position based in Bloomington, MN. Position Purpose: The Sr. Property Accountant will prepare monthly financial reporting for residential properties, including financial review, monthly journal entries and balance sheet reconciliations. You will work with a portfolio of properties with various levels of complex accounting. You will ensure that all major projects, month-end, and year-end reports are completed accurately and on time. You will be key in assisting the Accounting Manager with the ongoing development and establishment of accounting policies and procedures as well as operational strategies.
Requirements
- Experience preparing and analyzing financial statements
- Cash flow experience
- Experience with balance sheet management
- Must be a self-starter and be able to work independently
- Analytical ability to develop and implement improvements and recommendations
- Must have great attention to detail
- Highly proficient in Excel and Microsoft applications
- 5 to 7 years of relevant experience in accounting or accounting-related field
- 3 to 5 years minimum experience in real estate/property management and commercial accounting
- Yardi Voyager experience required
- Must have a valid driver’s license and reliable source of transportation
Responsibilities
- Approve invoices and process checks
- Ensure timely payment of bills and collection of rents
- Maintain accurate records of accounts payable and receivable
- Monitor debt levels and compliance with lender debt covenants
- Manage payment workflows
- Maintain and improve accounting policies and procedures.
- Manage invoice inbox
- Ensure that all projects, month-end, and year-end reports are completed accurately and on time
- Prepare monthly financial statements to investors and lenders
- Establish a system of internal controls to ensure timely and accurate reporting
- Coordinate, prepare and review monthly, quarterly, and annual reports
- Prepare, consolidate, and review monthly financial statements
- Calculate and report monthly financial and operating metrics to senior leadership
- Whitecap credit card processing and reporting
- Manage the accounting on multiple, complex, multi-family properties
- Perform bank reconciliations and prepare year-end papers for outside tax accountants
- Prepare monthly bank reconciliations, A/P, and A/R
- Support site property teams by participating in budgeting and cash flow forecasting
- Prepare annual budgets and operating expense reconciliation
- Analyze budget variances and report significant issues
- Prepare year-end audit/tax packages
- Be the first point of contact for questions for junior accounting team members
- Assist with mentoring and training accountants on the team
- Maintain and improve accounting policies and procedures
- Assist in preparation of tax returns and compliance with tax regulations
- Maintain records for property tax assessments and payments
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
