Description:
Senior Property Accountant
This individual will be responsible for completing all the Cash Management, General Ledger Accounting, and Financial Reporting for multiple Multi-Family Real Estate Properties. This individual needs to be able to effectively work in a fast-paced / high-volume transaction environment, which requires strong time management skills and the ability to prioritize deadlines. We are looking for a hands-on, detail-oriented individual who wants to be part of a growing team.
A successful Senior Property Accountant is expected to:
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Handle full-cycle accounting for an assigned real estate portfolio
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Provide accurate and timely financial information
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Have full involvement, responsibility, and accountability for their portfolio, which includes all monthly, quarterly, annual, and other duties as detailed in the job responsibilities
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Complete all job functions relating to assigned properties accurately, efficiently, and by the assigned deadlines
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Utilize and develop skills such as problem-solving, decision-making, time management and effective communication to achieve the desired results
Job Responsibilities: General Ledger/Financial Statements
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Maintain and review assigned property general ledgers, balance sheets and income statements, including preparing and recording journal entries as needed
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Review and maintain general ledger to ensure accuracy
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Prepare and distribute monthly financial reporting packages, variance reports and all other additional schedules as required by the client
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Reconcile all balance sheet accounts and examine all general ledger accounts for accuracy, and make corrections as needed monthly
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Analyze performance versus budget to identify potential missing expenses
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Perform a wide variety of accounting analyses
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Analyze various transactions and identify appropriate accounting treatment
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Ensure the accuracy of financial statements in accordance with GAAP and compliance to internal policies
Accounts Payable
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Prioritize invoices according to available cash and payment terms
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Review all invoices for appropriate documentation and approval prior to payment
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Ensure proper coding of invoices
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Track all required monthly bills and follow up with vendor if a bill is not received
Cash Management
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Monitor cash balances for assigned properties
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Approve vendor payments
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Transfer funds between bank accounts
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Reconcile monthly bank statements to the general ledger, which includes monitoring
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and resolving pending items in a timely manner
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Coordinate preparation of funding requests as needed for assigned properties
Requirements:
Position Requirements:
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Bachelor’s Degree in Accounting required
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Minimum 1-2 years of experience in property accounting preferred
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Minimum 3-5 years of general accounting experience
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Demonstrated understanding of financial statements
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Property Management knowledge is highly preferred
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Experience using Real Page Products such as OneSite Accounting Platform preferred
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Excellent written and oral communication skills
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Strong analytical capabilities for advanced problem-solving
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Highly organized and strong ability to multi-task and work independently
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Ability to work cross-functionally in a fast-paced environment
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Ability to follow through on tasks until completed
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Proficient in Excel and Word Computer Skills
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High level of professionalism and a service attitude
