Property Accountant

4 weeks ago


Bloomington MN, United States Doran Companies Full time
Job Summary

We are seeking a highly skilled Property Accountant to join our team at Doran Companies. As a Property Accountant, you will be responsible for preparing monthly financial reporting for residential and commercial properties, including financial review, monthly journal entries, and balance sheet reconciliations. You will work with a portfolio of properties with various levels of complex accounting and perform bank reconciliations and prepare year-end papers for outside tax accountants.

Key Responsibilities
  • Prepare monthly financial statements to investors and lenders.
  • Enter invoices and process checks.
  • Ensure timely payment of bills and collection of rents.
  • Analyze and forecast monthly cash flow and quarterly distributions.
  • Prepare monthly bank reconciliations, construction draw packages, A/P, and A/R.
  • Prepare annual budgets and operating expense reconciliations.
  • Prepare year-end audit/tax packages.
  • Maintain a system of internal controls to ensure timely and accurate reporting.
  • Coordinate, prepare, and review monthly, quarterly, and annual reports.
  • Prepare, consolidate, and review monthly financial statements.
  • Calculate and report monthly financial and operating metrics to senior leadership.
  • Analyze budget variances and report significant issues.
  • Monitor debt levels and compliance with lender debt covenants.
  • Maintain records for property tax assessments and payments.
Requirements
  • 1 to 3 years of relevant experience in accounting or accounting-related field.
  • 1 to 3 years minimum experience in real estate/property management accounting.
  • Degree in accounting or related business is required.
  • Yardi Voyager experience required.
  • Experience preparing and analyzing financial statements.
  • Must be a self-starter and be able to work independently.
  • Analytical ability to develop and implement improvements and recommendations.
  • Must have great attention to detail.
  • Highly proficient in Excel and Microsoft applications.
  • Must have a valid driver's license and reliable source of transportation.
About Us

Doran Companies is a fully integrated, premier commercial and residential real estate enterprise headquartered in Bloomington, MN. We're one of the largest woman-owned businesses in Minnesota and the largest woman-owned general contractor in the upper Midwest. With a proven reputation built on transparency, dedication, and curiosity, we are committed to delivering impactful projects with expert development, design, construction, and property management teams.

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