Multi-Entity Accounting Manager

2 weeks ago


San Antonio, Texas, United States Merit Commercial Real Estate LLC Full time
Essential Experience in Commercial Property and Multi-Entity Financial Management Required.

Position Overview:

The Property Accountant will oversee a variety of financial tasks, ensuring precise financial documentation and offering assistance to both the property management and finance departments.

Key Performance Indicators:
  • Complete account reconciliations for all entities within ten (10) days post month-end
  • Achieve a 100% on-time rate for financial reporting
  • Maintain a journal entry accuracy rate of 99% or higher
  • Ensure account reconciliation accuracy rate of 99% or higher
  • Record and process all commissions within the same month received with an accuracy rate of 99% or higher
Main Responsibilities:
  • General Accounting:
    • Prepare and uphold precise financial records for multiple entities within the organization
    • Execute month-end closing procedures, including journal entries, account reconciliations, and financial statement evaluations
    • Assist in crafting financial reports, budgets, and forecasts
    • Monitor and scrutinize general ledger accounts to ensure transaction accuracy and completeness
    • Collaborate with various departments to collect necessary financial data and resolve discrepancies
  • Property Accounting:
    • Support the Property Manager in property-level accounting tasks, such as rent roll assessments, lease management, and tenant invoicing
    • Assist the Property Manager as needed in reconciling property-level accounts, including bank accounts, security deposits, and accounts receivable/payable
    • Contribute to the preparation of CAM (Common Area Maintenance) reconciliations and property tax evaluations
    • Maintain accurate records of property-related financial transactions and ensure adherence to lease agreements
  • Multi-Entity Accounting:
    • Coordinate and consolidate financial data from various entities within the organization
    • Assist in preparing intercompany transactions and reconciliations
    • Ensure compliance with regulatory standards and accounting principles across all entities
    • Support the preparation of consolidated financial statements as necessary
Qualifications and Skills:
  • Associate's degree in Accounting, Finance, or a related discipline.
  • CPA certification or progress towards certification is preferred.
  • 3-5 years of relevant accounting experience, ideally in the commercial real estate sector.
  • Strong understanding of accounting principles and practices, including construction and property accounting.
  • Experience with multi-entity accounting is highly desirable.
  • Proficiency in accounting software (Yardi experience preferred)
  • Proficiency in Microsoft Office, particularly Excel.
Competencies:
  • Efficiency in work performance - ability to deliver significant output with minimal wasted effort
  • High attention to detail - ensures important details are not overlooked
  • Excellent organizational skills - plans and organizes efficiently and productively, with strong prioritization abilities
  • Teamwork - collaborates with peers and engages with supervisors to foster a cooperative working environment
  • Strong communication skills - articulates clearly and effectively in all forms of communication
  • Proactivity - takes initiative and brings innovative ideas to the organization.


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