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Commercial Real Estate Accountant
2 months ago
About SVN | Wood Properties
SVN | Wood Properties is a comprehensive commercial real estate organization that excels in brokerage and property management solutions. With a legacy of over 40 years in the commercial real estate sector, our firm is dedicated to serving a diverse clientele, including buyers, sellers, tenants, and landlords. We manage a wide array of property types, such as office spaces, retail outlets, industrial facilities, multifamily units, mixed-use developments, hospitality venues, land, and institutional properties. As an independently owned entity, we became part of the SVN franchise in 2018, combining our local expertise with a global commercial real estate network.
Commercial Real Estate Accountant Role
We are in search of a meticulous and flexible Commercial Real Estate Accountant to become a vital member of our team. This full-time role will encompass various financial tasks within our property management portfolio, ensuring precise and timely financial reporting for our clients. The ideal candidate should be based in the Knoxville area and be prepared to work on-site.
- Conduct regular bank reconciliations, confirming received payments and cleared checks.
- Reclassify items on the general ledger as required.
- Maintain and ensure the accurate application of the GL chart of accounts for each property.
- Supervise the weekly accounts payable process and provide monthly, quarterly, and annual reviews as needed.
- Build and sustain strong working relationships with clients, banking partners, and vendors, addressing their inquiries.
- Record month-end journal entries as necessary.
- Respond promptly to all internal and external communications.
- Prepare and review monthly financial statements, resolving any discrepancies.
- Assist in the formulation of annual budgets.
- Conduct annual reconciliations of recoverable charges.
- Ensure fiduciary responsibilities are upheld for all properties.
- Prepare and submit 1099 forms in compliance with IRS deadlines.
- Prepare and distribute monthly management and maintenance invoices for each property.
- Oversee the tenant chargeback process for any tenant-paid expenses.
- Review aged receivables monthly and follow up on overdue balances.
- Maintain records and track property tax payments.
- Participate in departmental and company meetings.
- Detail-oriented and adaptable.
- Analytical thinker with strong problem-solving capabilities.
- Excellent written and verbal communication skills.
- Self-motivated and able to work independently in a fast-paced environment.
- Proficient in Microsoft Office Suite.
- Experience with Appfolio is advantageous but not mandatory.
- A minimum of 5 years of accounting experience; experience in property or facilities management accounting is a plus.
- Embodies the company’s core values: grit, trustworthiness, and servanthood.
- Possesses leadership potential with the ability and desire to grow with the company and contribute to a small, dynamic team.
Join SVN | Wood Properties and be part of a company that prioritizes integrity, collaboration, and professional development.
