Senior Property Accountant
3 weeks ago
Job Title:
Senior Property Accountant
Type:
Direct Hire
Location:
Houston, TX
Experience:
3 years
The Senior Property Accountant performs responsibilities that include preparing journal entries, account research and reconciliation, as well as documenting and evaluating current procedures. Primary responsibilities include general accounting duties, review and reconciliation of balance sheets, and financial statements. Employee is expected to understand the process of accounting flows and controls. Work is performed according to established policies, procedures, and deadlines. Employee is expected to exercise discretion and judgment, develop work routines and complete assignments with minimal supervision.
The Senior Property Accountant will work with all levels of company employees and reports directly to the Corporate Assistant Controller.
Roles & Responsibilities
The following duties and responsibilities are given as examples of the various types of work performed in this position. Other duties and responsibilities may be assigned.
Property Accounting Portion of Role - 70%
oCompiles and analyzes property financial information to prepare entries to accounts, such as general ledger accounts, documenting business transactions, and completes corresponding reconciliations
oPerforms bank reconciliations
oManage Cash Requirements and work with Accounts Payable and Property team on weekly payment needs
oPrepare a quarterly guarantor compliance reporting package for the companys loans based on the lenders requirements
oEnsure compliance with loan covenants and serve as the point of contact on financial questions from lenders
oWork with other departments (legal, accounting, asset management) on obtaining information for compiling the reporting package
oWork with Finance Manager on process improvements and special analysis projects as needed
Corporate Accounting Role - 30%
oEnters A/R invoices and A/R receipts into the Corporate A/R system
oPrepares interest calculations
oReviews and analyzes financial statements for various corporate entities
oAssists with the preparation of monthly individual and consolidated financial statements
oPrepares and communicates financial information to department heads, corporate management and owners
oEnsures that all deadlines are met in accordance with the closing dates set by management
oAssists with proper recording and updating of investor contributions and distributions
oAssists with annual audits
oProtects organization's value by keeping information confidential
oAttentive to identifying any frauds that are taking place in the company and reporting them to the proper persons
oAccomplishes accounting and organization mission by completing assigned responsibilities accurately and on time
This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as needed
Requirements
Bachelors degree in accounting with three or four years of related experience in Accounting required or any equivalent combination of education, experience, and training that provides required knowledge, skills, and abilities
Experience with personal computers and Microsoft software products is essential and strong Excel skills is a must
Knowledge of Property Management Real Estate is required
Knowledge of English language, spelling, grammar, and punctuation
Knowledge of departmental policy and procedures and current trends and principles and practices of accounting/ auditing
Knowledge of modern accounting and office procedures and equipment, including the application of software tools to the analysis of financial data
Knowledge of the principles of, organization and administration and internal control systems
Ability to carry out assigned tasks and projects to their completion, maintain confidential and sensitive information, and understand and follow instructions
Ability to plan, direct, and coordinate the work of subordinates
Ability to communicate and work with other departments
Ability to express ideas effectively, orally and in writing
Ability to formulate and use standard accounting methods, procedures, forms and records
Ability to maintain complex records in an orderly and accurate format consistent with departmental procedures, prepare accurate reports, work with minimal supervision, plan work schedules, and meet deadlines
Knowledge and skilled at using spreadsheet applications at an intermediate to advanced level
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