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Property Accountant I

2 months ago


San Diego, United States MG Properties Group Full time

The Property Accountant I is directly responsible for supporting the Accounting Manager and Property Accountants with individual portfolio financial records. Additional responsibilities to include posting transactions and processing accounts payable invoices. This entry-level position is designed to develop accounting skills and knowledge necessary to advance to the Property Accountant II position. Essential Responsibilities:

Processes bills from properties in a timely basis and according to Company policy Processes and reviews accounts payable batches submitted from specific properties Answers and handles vendor phone calls as well as any research required Maintain Property Paid Bill files (filing) Working knowledge of basic accounting principles for application of day to day responsibilities Prepares monthly journal entries and accruals as required Processes A/R checks Reviews A/R entries on a daily basis, solving any discrepancies as necessary in a timely manner Processes Security Deposit Check Requests within scheduled deadline Processes write offs and collections Processes monthly loan payments. Reconciles mortgage impound balances accordingly Prepares bank reconciliations Prepares monthly & quarterly property reports within scheduled deadlines Analyzes monthly & quarterly financial statements and budgets Tracks delinquency / aging and contacts Property Managers accordingly Reviews weekly property account balances in order to manage cash flow effectively Forecasts cash flow and cash management in a timely basis Works closely with Property Managers and Regional Managers to help reconcile tenants accounts/ledgers Participates in preparing and auditing materials requiring analyses of supporting documents and insures that all entries are entered into the system properly Prepares Year End 1099’s for Accounting Manager’s review Assists Senior Accountant and Accounting Manager for property taxes and insurance audits Adjusts errors and discrepancies Additional Responsibilities:

Assists in training A/P Clerks All other duties as assigned Knowledge, Experience, Educational Requirements:

Bachelor’s degree, or actively working towards a degree in Finance, Accounting, Real Estate, or a related field (Highly Preferred) Minimum of 1 to 3 years Accounting experience Minimum of 0 to 1 years of Property Management / Real Estate experience Additional Skills, Abilities, and Characteristics Required:

Knowledge of and ability to use property management/accounting software, database software, spreadsheet software, Internet and Email software The ability to work independently and effectively in a fast paced environment Judgment - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations Excellent communication and interpersonal skills both written and verbal Working Conditions / Physical Requirements:

The physical demands of this position are representative of those that must be met by an employee to successfully perform the essential functions of the job. The Company will attempt to make reasonable accommodations, whenever possible to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit, use of hands to finger, handle, or feel, reach with hands and arms, talk or hear, count and perform basic arithmetical calculations (add and subtract) and read and write basic English. The employee frequently is required to stand, walk and legally operate equipment. The employee is occasionally required to climb or balance and stop, kneel, crouch or crawl. The employee must frequently lift and or move up to 10 lbs and occasionally lift and or move up to 25 lbs. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus. Compensation and Benefits:

$26-$28/hour DOE Company profit sharing Accrues 10 days Paid time off per year 10 Paid Holidays and 2 Paid Personal Days per year 40Hours of Paid Sick Time 401K with employer match Medical, Dental, Vision, Employee Assistance Program Life Insurance Flexible Spending Account, Dependent Care Spending Account

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