Property Accountant
1 month ago
RESPONSIBILITIES:
Kforce's client, a growing real estate investment firm, is seeking a Property Accountant in Englewood, NJ. The role is 4 days in the office. This firm offers good benefits, opportunities for advancement with a good work life balance. Responsibilities:- Property Accountant will maintain proper accounting records for the assigned properties
- Review and understand the organizational and financial documents and apply accounting and reporting requirements accurately
- Monitor AR and AP aging, unapplied cash, bad debt allowance, debt service ratio, cash flows and cash positions, etc.
- Approve accounts payable timely
- Work closely with the field team to timely resolve receivable and payable issues
- Review commercial lease charges, perform CAM reconciliations
- Analyze activity in capital expenditure accounts; Apply for replacement reserve according to loan agreements
- Prepare monthly centralized journal entries and supporting schedules for the assigned accounts
- Review bank reconciliations and timely resolve bank reconciling items
- Maintain and reconcile all general ledger activities for properties in the assigned portfolio
- As a Property Accountant, you will prepare monthly closing work paper packages independently including variance explanations
- Investigate and resolve issues through communication with operations, finance teams and outside parties
- Prepare monthly reports as needed, such as investor and lender
- Assist in preparing quarterly financial reports
- Prepare lender reports, and other required quarterly reports
- Prepare required work papers at year end for annual audits
- Respond to auditor's questions
- Prepare financial statements and footnote disclosures
- Review tax returns prepared by CPAs as needed
REQUIREMENTS:
- Bachelor's degree in Accounting
- 1-3 years of general accounting experience or property/real estate accounting or public accounting experience
- Salesforce and Yardi software experience
- Proficiency in Excel required
- Demonstrated problem solving and analytical skills
- Strong work ethic focused on meeting deadlines
- Ability to work in a fast-paced environment and prioritize multiple high priority projects
The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.
We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.
Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.
This job is not eligible for bonuses, incentives or commissions.
Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
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