Property Accountant
3 weeks ago
Position Summary
At Mill Creek Residential Trust, the Property Accountant’s primary responsibility is to provide timely and accurate accounting information to both internal and external customers by preparing monthly financial statements while incorporating accounts receivable, accounts payable, and journal entries.
Essential Functions/Responsibilities
- Financial statement preparation including preparing and posting appropriated journal entries, analysis of the balance sheet and income statement accounts to ensure accuracy.
- Preparation of bank reconciliations for all legal entities.
- Responsible for cash management for assigned portfolio including various funding requests.
- Prepare monthly joint venture financial packages due to manager to send to joint venture partners.
- Assist auditors in performing year-end audits of financial statements.
- Prepare proration workbooks for property sales.
- Upload/post and reconcile monthly activity in partners’ software.
- Assist senior accountant in responding to partner questions.
- Assist with training on-site staff
- All other duties as assigned
Education and/or Experience
- Bachelor’s degree in accounting or other related field, required
- Minimum 5 years of Business Management Accounting experience, preferred
- Understanding of accounting principles and ability to read financial statements, preferred
- Familiar with general ledgers, chart of accounts and brokerage statements, preferred
Skills/Specialized Knowledge
- Multi-family real estate industry experience with an emphasis in construction is preferred.
- Experience in a wide variety of accounting software systems, preferably Yardi.
- Multi-company/property experience.
- Mill Creek is an Equal Opportunity Employer_
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