Property Accountant

We are seeking a highly skilled Property Accountant to join our team at Centerspace. As a Property Accountant, you will be responsible for financial transactions, balance sheet reconciliations, and reporting for a portfolio of residential and commercial properties.

• Creates and maintains property accounting records and files.
• Records and posts financial transactions, prepares journal entries, and provides supporting documentation during the close.
• Reviews and approves utility invoice coding prior to payment.
• Maintains and confirms accuracy of recurring GL entries.
• Completes month-end processing, including bank reconciliations, analyzing gross potential rent, and recording monthly management fees.
• Maintains, analyzes, and posts monthly expense accruals.
• Analyzes and prepares month-end reports, including variances to budget, prior month, and prior year.
• Leads monthly financial review calls with Community Leaders and Regional Directors.
• Reconciles balance sheet accounts to support ledgers, ensuring reconciling items are properly documented, resolved in a timely manner, and adjustments are prepared.
• Responds to requests for property accounting information from Community Leaders and other internal customers.
• Assists with preparing property budget information within accounting software.
• Collaborates and partners with other teams to address issues.
• Communicates regularly with operational business partners to identify issues and areas of improvement and share knowledge.
• Understands transactional workflow, is knowledgeable about the sources of data, ensures data integrity, and collaborates with relevant parties for necessary adjustments.
• Ability to work effectively in a team environment with occasional work schedule flexibility to work with others in different time zones.
• Prepares audit schedules as requested, including support documentation.
• Ensures compliance with company accounting policies, procedures, and internal controls.
• Ensures compliance with US GAAP and applicable entity SOX controls.
• Advises, supports, and guides site team members in preparing Yardi and Excel reports, depositing receipts, and processing security deposit refunds.
• Monitors Yardi alerts dashboard for returned items, exception receipts, and other deposit issues.
• Calculates and records straight-line rent and CAM reconciliations.

• Bachelor's degree in Accounting (B.A. or B.S.) and/or 2+ years of relevant accounting experience.
• Ability to read and comprehend simple instructions, short correspondence, and memos.
• Ability to write simple correspondence and effectively present information in one-on-one and small group situations.
• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to compute rate, ratio, and percent, and to draw and interpret bar graphs.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
• Ability to deal with problems involving several concrete variables in standardized situations.
• Highly proficient with spreadsheet programs such as Microsoft Excel.
• Knowledge of Accounting software, preferably Yardi.

• Competitive PTO.
• 11 Paid Holidays.
• 20% Rent Discount for Centerspace rents.
• Volunteer Time Off each Quarter.
• Medical/Dental/Vision Benefits - 1st of Month Following Start Date.
• Centerspace Stock Purchase Plan.
• 401k match up to 5%.
• Tuition Reimbursement.

Centerspace was founded in Minot, North Dakota, in 1970. You can find our corporate support offices located in Minneapolis, Minnesota, and in Minot, North Dakota, along with onsite operations in six states. From Denver, CO to Minneapolis, MN, our company continues to grow throughout the Midwest, proudly providing apartment homes to thousands of residents, extending our vision to be the premier provider of apartment homes in vibrant communities by focusing on integrity and serving others.

Centerspace is built around our employees. Our Mission and Vision unite our employees as one team.