Financial Accountant
16 hours ago
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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