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Property Accountant

2 months ago

Birmingham, United States Centennial CO Full time

Job Details

Job Location

Birmingham Corporate Office - Birmingham, AL

Position Type

Full Time

Description

Location: Birmingham, AL *This is not a remote position

Position/Purpose

Applies principles of accounting to analyze financial information and prepare financial reports by performing the following duties:

Principal Job Activities

Produce financials and other owner’s reports for multiple retail / office properties. Produce annual budgets for multiple retail / office properties. Reconcile annual CAM, tax and insurance payments, and collection of same from tenants. Review General Ledger for proper coding of income / expenses. Perform balance sheet reconciliations. Prepare quarterly loan compliance. Perform month-end close for multiple entities with a consolidated roll-up. Monitor tenant Accounts Receivable and work with Accounts Receivable staff to correct if needed. Understand and apply legal documents related to specific properties. Invoice properties for fees when needed. Prepare cash flow analysis when appropriate. Communicate with property owners, both verbal and written. Coordinate transition of financial management for new properties. Review property reports for data accuracy and request / make corrections as needed. Resolve outstanding Accounts Receivable issues with tenants. Review, approve, and update monthly scheduled charges. Create quarterly reforecasts including detailed variance explanations. Develop CAM, tax, and insurance estimates for upcoming year, update system, and ensure tenant compliance. Provide NPV analysis of leasing deals. Assemble documentation and field questions for both CAM and financial audits. Build recovery models and forecast revenue streams on new developments. Analyze work product for errors and reasonableness on all projects.

Qualifications

REQUIREMENTS:

Bachelor’s Degree in Business Administration with a major in Accounting. Prefer 2 to 5 years’ experience in real estate accounting or 2 to 5 years in occupancy accounting in a retail environment. Detail oriented with strong organizational skills. Ability to detect and avoid errors. Knowledge of technical and professional principles and skills of accounting. Strong analytical thinking. Excellent written and oral communication skills. Ability to effectively handle multiple tasks simultaneously. Exhibit high motivation and a willingness to do whatever it takes to get the job done. Advanced Microsoft Excel skills a must. Must be able to create and manage complex spreadsheets, perform advanced functions, utilize formulas, etc.

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