Property Accountant

The Property Accountant is responsible for the overall general ledger accounting, cash management and financial reporting for assigned properties within prescribed deadlines. Interacts extensively with regional property managers and senior-level accounting.

• Maintains the assigned property and partnership G/L accounts.
• Monitors the cash flow of properties, manages cash on a daily basis, and forecasts required funds.
• Approves the disbursement of payables based upon timing and available cash.
• Monitors property escrow & reserve accounts for related expenditures and to ensure proper funding in accordance with loan & partnership agreements.
• Participates in monthly conference calls with RPM’s to review the financial operations of the properties and assists with cash projections and sourcing funds for significant expenditures.
• Prepares monthly financial statements for properties and saves electronic copies to the network drive.
• Prepares and submits, for the Senior Accountant’s approval, the monthly, quarterly and annual property reports for investors and lenders. Once reviewed and approved, ensures that all reports are properly distributed.
• Prepares and submits ACH transfer requests to the Senior Accountant.
• Prepares year-end property and partnership audit files and reconciles them against the prior year’s audited trial balance and retained earnings.
• Prepares supporting work papers for audit and tax return preparation
• Monitors the submission of requested information from auditors.
• Special projects as required by the department and/or properties.

Education:

Bachelors Degree in Accounting, Finance or related field of study required. CPA accreditation is preferred but not required.

Experience:

Minimum of 2 years in an Accounting or Finance related role required.

Required

Skills and Abilities:

• Self direct and manage multiple projects, objectives, & deadlines
• Research and respond to detailed requests, orally & in writing
• Use a computer for Word, Excel and e-mail
• Work in a collaborative manner, as a member of a project or team
• Relate professionally with auditors, property owners, investors and Executive Management
• Communicate effectively with people from diverse backgrounds
• Commit to the mission and values of the management company
• Be flexible with changing work plans
• Maintain a professional personal appearance

Physical:
Frequently required to perform moderately difficult manipulative tasks such as typing, writing, etc. Must be able to walk, stand, and sit for extended periods.

Sensory:
Frequently required to read documents, written and financial reports, and plans. Must be able to distinguish normal sounds with some background noise, as in accepting phone calls and interacting Executive Management and other staff. Must be able to speak clearly, be understood and understand the spoken English language.

Cognitive:
Frequently required to concentrate in intense detail with constant interruption. Must be able to tend to a task/function for 1 hour or more. Frequently required to understand and relate to specific ideas, several at a time. Must be able to remember multiple tasks/assignments given to self and others over a period of several days.

Environmental Conditions:

Frequent exposure to seasonal conditions in outside weather. Occasional exposure to toxins and poisonous substances, dust, and loud noises.

Equipment:
Frequently required to use a computer, phone, copier, and fax machine.

• Listens attentively to others. Asks clarifying questions to gain a better understanding of the other person’s views and assumptions. Is compassionate for the life circumstances of others.
• Works effectively in a team environment and actively participates in joint problem solving; willingly includes employees.
• Identifies and takes advantage of opportunities for personal and professional development.
• Encourages other employees to work as a team for the benefit of the property.
• Comes to meetings prepared and on time; honors work commitments; follows through on what was agreed upon; meets agreed upon deadlines.
• Collaborates with other work groups, and outside…