Property Accountant

1 month ago


Saint Louis Park, United States MBG Property Management Full time
Job DescriptionJob DescriptionJob description

MBG Property Management is in search of an exceptional person to join our team. As a property accountant for this small family-owned company you will have an opportunity to grow along with the company and be appreciated for your efforts.

Key Accountabilities:

  • Prepare monthly bank reconciliations and other general ledger account reconciliations for multiple entities and properties
  • Analyze and Prepare monthly financial statements on accrual basis for multiple properties & entities
  • Oversee and clean up AR and AP reports throughout the month and make corrections as needed
  • Record wide variety of journal entries as needed and on a monthly, yearly, and one-time basis and assure accordance with GAAP
  • Prepare 258 Reporting for MHFA on a monthly and annual basis for all Affordable properties
  • Prepare annual 258 Reporting Budgets for MHFA as well as auditors and owners
  • Prepare Excess Income Reports on a monthly basis for all Affordable properties in portfolio
  • Prepare Replacement Reserve Draws and Residual Receipt Draws on an ongoing schedule
  • Audit preparation
  • Complete Monthly Gross Potential Recs for all properties to record vacancy journal entries
  • Direct and Support Accounts Payable Admin as needed
  • Prepare opening journal entries for new acquisitions
  • Prepare closing journal entries for sold properties
  • Monitor monthly Government ACH transactions and report to sites
  • Maintain financial backup for all financial transactions
  • Review and analyze escrows and coordinate escrow analysis with lenders as you see needed
  • Prepare financial and occupancy reporting for all Sect 8, Section 42, and Section 236 properties
  • Record cash deposits and prepare deposits
  • Bill and process monthly management fees and do annual reconciliations of fees
  • Serve as support to site for accounting help and direction
  • Identify Process Improvements and document for staff training.

Requirements:

  • Minimum Two year Degree in Accounting
  • Two or more years of accounting or related field experience preferred but not required
  • Experience with Yardi and Microsoft Office Suite strongly preferred
  • Excellent verbal and written communication
  • Ability to prioritize and work independently as well as work cohesively within a team with great attention to detail and accurateness
  • Comply with expectations as demonstrated in the employee handbook.

All qualified applicants will receive consideration for employment without regard to the individual's race, color, sex, national origin, religion, age, disability, genetic information, status as a military veteran or any other characteristic protected by applicable law.

Job Type: Full-time

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • 8 hour shift
  • Monday to Friday

Education:

  • Associate (Required)

Experience:

  • Accounting: 2 years (Preferred)

Work Location: In person



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