Property Accountant Jobs

About The Position

Requirements

• A minimum of five years of previous accounting experience.
• Knowledge of property accounting and lease analysis.
• Solid understanding of Common Area Maintenance (CAM - recoveries/billbacks) calculations.
• Strong oral and written communication skills.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
• Ability to deal with problems involving several concrete variables in standardized situations.
• Must have excellent computer skills including strong knowledge of Microsoft Office including Outlook, Word and Excel.
• Strong mathematical skills required.
• Ability to calculate figures and amounts such as discounts, interest, bonuses, proportions, percentages.
• Ability to apply concepts such as fractions, percentages, and proportions to practical situations.
• Basic accounting principles.

Nice To Haves

• Yardi and MRI experience preferred
• other property management software packages helpful

Responsibilities

• Responsible for the preparation of multiple property financial statement packages, including CAM estimate and actual calculations.
• Monthly review of multiple multifamily asset financial statements. Due dates range from the 4th business day through the 25th of each month; 25% of F/S reviewed every month is shared with the CFO.
• Prepare monthly financial statement packages for several multifamily asset entities. Specific responsibilities include: Posting of cash receipts, Input lease abstracts, Process move-outs and security deposit refunds, Process rent rolls and delinquency reports, Review A/P coding and descriptions, Bank reconciliations, Monthly Property Management Fee calculations, CAM set up and calculations.
• Handle general accounting: review A/P Prelim report for coding and description accuracy, G/L account analysis, journal entries, bank rec, management fee calculations, reconciliation of scheduled rent to actual rent billed, amortization and depreciation schedules if required.
• Maintain cash records for each property and perform cash management functions. Daily interface with property and regional managers. Work closely with other commercial property accountant team members and our A/P Specialists.
• CAM reconciliations are done using a variety of methods: primary in MRI and in Excel.
• Maintain property files including insurance, property tax and mortgage documentation on Excel for prepaid, accrued and amortization.
• Other duties as assigned.

Benefits

• medical, dental, and vision plans with options for flexible spending accounts (FSA) and health savings accounts (HSA).
• generous PTO plan and 10 company holidays, in addition to your standard Sick time.
• access to our Employee Assistance Program (EAP)
• 401K retirement plans
• guaranteed life insurance
• short- and long-term disability coverage
• monthly stipends for mobile plans
• Commuter Assistance