Property Accountant

Job Description

Responsibilities

• Prepare monthly, quarterly, and year-end financial statements and reporting packages for assigned properties.
• Record and process accounts payable (AP) and accounts receivable (AR), including tenant billing, cash receipts, and bank deposits.
• Maintain the general ledger by preparing journal entries and reconciling accounts, including monthly bank statement reconciliations.
• Analyze financial transactions and determine appropriate accounting treatment in accordance with standards.
• Assist with the preparation and review of annual operating budgets and financial forecasts
• Conduct common area maintenance (CAM) and real estate tax reconciliations, and communicate overages or shortages to tenants.
• Monitor daily cash balances and assist with cash flow projections and planning.
• Assist with special projects and ad-hoc tasks as assigned by management.

Required Skills and Qualifications

• Bachelors degree in Accounting, Finance, Economics, or Business Management is typically required.
• At least two years of general accounting experience; experience in real estate property accounting is preferred.
• Proficiency in Microsoft Word, Excel, and accounting software (e.g., MRI, Yardi, AppFolio) is highly desirable.
• Strong organizational, analytical, and time management skills, with the ability to multitask and prioritize in a fast-paced environment.
• Excellent verbal and written communication skills for collaborating with team members, property managers, and external stakeholders.
• Solid understanding of accounting principles, financial statements, and real estate operations.
• Attention to detail and accuracy in data entry and financial analysis.

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