Position Summary:

The Property Accountant will be responsible for various accounting tasks, ensuring accurate financial reporting, and providing support to the property management and finance teams.

Key Performance Outcomes:

• Reconcile all accounts across all entities within ten (10) days of month end
• Achieve a 100% on-time completion rate for financial reporting
• Maintain journal entry accuracy rate of 99% or higher
• Maintain account reconciliation accuracy rate of 99% or higher
• Record and pay all commissions in the same month received with an accuracy rate of 99% or higher

Key Responsibilities:

• General Accounting:
  • Prepare and maintain accurate financial records for multiple entities within the company
  • Perform month-end close procedures, including journal entries, account reconciliations, and financial statement analysis
  • Assist in the preparation of financial reports, budgets, and forecasts
  • Monitor and analyze general ledger accounts to ensure accuracy and completeness of transactions
  • Collaborate with other departments to gather necessary financial data and resolve discrepancies
• Property Accounting:
  • Assist Property Manager is property-level accounting activities, such as rent roll analysis, lease administration, and tenant billing
  • Assist Property Manager as needed to reconcile property-level accounts, including bank accounts, security deposits, and accounts receivable/payable
  • Assist in the preparation of CAM (Common Area Maintenance) reconciliations and property tax assessments
  • Maintain accurate records of property-related financial transactions and ensure compliance with lease agreements
• Multi-entity Accounting:
  • Coordinate and consolidate financial information from multiple entities within the company
  • Assist in the preparation of intercompany transactions and reconciliations
  • Ensure compliance with regulatory requirements and accounting standards across all entities
  • Support the preparation of consolidated financial statements, as needed

Qualifications and Skills:

• Associate's degree in Accounting, Finance, or related field.
• CPA certification or progress towards certification is preferred.
• 3-5 years of relevant accounting experience, preferably in the commercial real estate industry.
• Strong knowledge of accounting principles and practices, including construction and property accounting.
• Experience with multi-entity accounting is highly desirable.
• Proficiency in using accounting software (Yardi experience preferred)
• Proficiency in using Microsoft Office, particularly Microsoft Excel.

Competencies:

• Efficiency in work performance – ability to produce significant output with minimal wasted effort
• High attention to detail – does not let important details slip through the cracks
• Excellent organizational skills – plans and organizes in an efficient and productive manner and has the ability to prioritize well
• Teamwork – reaches out to peers and cooperates with supervisors to establish an overall collaborative working relationship
• Strong communication skills – ability to speak and write clearly and articulately in all forms of communication
• Proactivity – acts without being told what to do after assignment is received and brings new ideas to the company.