Financial Accountant

16 hours ago


Baltimore, Maryland, United States Creative Financial Staffing Full time

About the Company and Opportunity:

  • Creative Financial Staffing is partnering with a client in the property management industry who is looking to hire a Portfolio / Property Accountant on a contract or contract to hire basis.
  • The company boasts a diverse and well-rounded team that enjoys working together and doing team building activities.
  • Schedule: This role is fully onsite, 7/8am-4/5pm, M-F, 40 hours per week. Free parking is provided for all employees.
  • This position reports to the Accounting Manager.
  • A competitive salary of $65,000-80,000 depending on experience is offered.

Job Duties of the Property Accountant:

  • Collaborate with internal staff for accuracy and timeliness of Accounts Payable, Accounts Receivable, and CAM processing to the General Ledger.
  • Prepare monthly, quarterly, and annual financial reporting packages, ensuring timely and accurate processes.
  • Maintain relationships with Property Managers to facilitate mutual communication and understanding of project operations and status.
  • Coordinate and communicate with Property Management teams to analyze and amend plans to achieve financial and operational objectives.
  • Monitor property cash flow status weekly, ensuring proper funding of escrows and reserves.
  • Participate in the preparation of annual budgets, forecasts, and actual variance explanations, in coordination with Property Managers.
  • Prepare journal entries as required for month-end processing, including accruals and prepaid allocations.
  • Prepare packages required by external investors, emphasizing lender reporting requirements.
  • Participate in the year-end Audit process, including preparing materials and supporting documentation, as well as providing and responding to auditor inquiries and supplemental information requests.
  • Act as the accounting department's specialist in understanding direct recovery billings for each property.
  • Review tenant receivable write-off requests.
  • Prepare consolidated property financial statements.
  • Perform a second review of CAM processing done by the CAM Accountant.
  • Prepare special financial reports, such as owner's requests and controller requests.
  • Process Security Deposit refunds through Accounts Payable.

Ideal Candidate for the Property Accountant Role:

  • Excellent interpersonal skills, personable, and a team player.
  • Strong multitasking abilities.
  • Attention to detail and communication skills.
  • Tech-savvy.
  • Strong customer service skills.

Qualifications for the Property Accountant:

  • At least 3 years' general accounting experience required, with a strong understanding of accruals and the general ledger.
  • Commercial real estate/property management experience is preferred.
  • Must have knowledge of MS Office Suite and be comfortable working in Excel.
  • Experience using Yardi, Sage Timberline, and/or Argus is a plus.

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