Our client is a reputable and rapidly growing firm specializing in real estate management and investment and are seeking a Property Accountant to join their growing Accounting department. Great opportunity for an individual seeking growth and development.
Why Work For This Company as a Property Accountant:
- Fantastic culture + profit sharing
- People development- lots of growth from within
- Great work life balance
- Full benefits package
- Great leadership.
Responsibilities of the Property Accountant:
- Financial Reporting: Prepare and analyze property financial statements, including income statements, balance sheets, and cash flow statements.
- Accounts Receivable/Payable: Manage rent invoicing, collections, and payments. Process property-related invoices and ensure timely payments to vendors.
- Budgeting and Forecasting: Assist in the development of property budgets and provide input on financial forecasts. Monitor and report on budget variances.
- Lease Administration: Maintain accurate lease records, track lease terms, and ensure compliance with lease agreements. Handle tenant financial inquiries.
- CAM Reconciliations: Perform common area maintenance (CAM) reconciliations and work with property managers to resolve discrepancies.
- Tax and Regulatory Compliance: Stay current with property tax assessments, ensure compliance with relevant regulations, and assist with property tax filings.
- Month-end Close: Conduct month-end closing procedures for assigned properties, including reconciling accounts and preparing journal entries.
Qualifications of the Property Accountant:
- Bachelor's degree in Accounting, Finance, or a related field.
- Proven experience as a Property Accountant, preferably in the real estate industry.
- Knowledge of property management software and accounting systems.
- Strong understanding of property financial reporting, lease administration, and CAM reconciliations.
- Detail-oriented with excellent organizational and analytical skills.
- Effective communication and collaboration skills.