Description
Summary
The Property Accountant is responsible to assist the Accounting, Property Management and Construction Teams in the day to day accounting of an assigned portfolio of properties, as well as preparation and submittal of state & local excise and business taxes.
Responsibilities
Primary Responsibilities
- General ledger responsibility for specific properties including preparation of periodic reports to include but not be limited to Financial Reports (monthly, quarterly) and annual budgets.
- General ledger review
- Monthly journal entries
- Accruals for expense and capital items
- Recurring entries for taxes and insurance
- Post entries for depreciation and amortization
- Post entries for deferred rent
- Account reconciliations and supporting schedules
- Accounts Receivable
- Manage lease administration process
- Review abstracted leases language
- Review billing information
- Review rents collected from tenants by reviewing the daily cash receipts reports and monitoring the Accounts Receivables ledgers
- Support collections process with late fee letters/default notices and communicate with Property Manager as needed
- Property Accountant Job Description 2
- Construction Management
- Prepare TI/Capital Tracking Documents
- Manage Construction Management Fee process and generate invoices monthly
- General
- Create Management Fee invoices
- Create Lease Commission invoices
- Calculate monthly/quarterly excise tax payments to state and cities
- Provide back-up for the Controller for monthly financial reporting
- Provide general support to the accounting team
- Audit support and compliance
- Rent Roll/Stacking plan review
- Operating Expense Recoveries
- Take on special projects as necessary
Skills + Abilities
- Accounts receivable experience
- Accounts payable experience
- General ledger experience
- Good oral and written communication skills
- Strong record keeping and organizational skills
- Strong computer skills including Microsoft Word, Excel and Outlook
- Experience with MRI & Kardin preferable, Yardi a plus
- General clerical experience
- Strong customer service skills
Minimum qualifications
- 5+ years of relevant experience
- Proficient in MS Word and Excel
- Bachelor’s degree in accounting preferred
- Commercial Real Estate experience preferred
This job is no longer active.