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Financial Analyst for Property Management

1 month ago

Baltimore, Maryland, United States Creative Financial Staffing Full time
About the Opportunity

Creative Financial Staffing is partnering with a client in the property management industry to hire a Portfolio/Property Accountant on a contract or contract-to-hire basis.

The company is located in a high-rise building in Baltimore city and boasts a diverse and well-rounded team that enjoys working together and participating in team-building activities.

Job Duties:

  • Work with internal staff to ensure accuracy and timeliness of Accounts Payable, Accounts Receivable, and CAM processing to the General Ledger.
  • Prepare monthly, quarterly, and annual financial reporting packages, managing to ensure all processes produce timely and accurate results.
  • Maintain relationships with Property Managers to facilitate mutual communication and understanding of project operations and status.
  • 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, such as accruals and prepaid allocations.
  • Prepare packages required by external investors, with emphasis on 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 in a timely manner.
  • Act as the accounting department's specialist in understanding direct recovery billings for each property, including areas of special attention related to utility meter allocations and easements.
  • 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 requests, special lender reporting requirements, and controller requests.
  • Process Security Deposit refunds through Accounts Payable.

Ideal Candidate:

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

Qualifications:

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