Accounting Associate

Job Details

Job Location:

Solhem - Minneapolis, MN 55401

Position Type:
Full Time

Salary Range: $60,000.00 - $65,000.00 Salary/year

Role:

The Accounting Associate is responsible for supporting the financial operations of the company by managing daily accounting tasks, ensuring accurate and timely financial records, and assisting with the improvement and execution of cyclical operational tasks. This role involves general accounting, accounts payable and receivable, financial reporting, and operational assistance, ensuring compliance with legal and fair housing standards.

Reporting:
The Accounting Associate reports to the Controller

Schedule:

Full-time, typically Monday-Friday, 9:00 AM - 5:00 PM

• Process vendor invoices, verify accuracy, and ensure timely payments via check, wire, or NACHA files.
• Manage vendor setup, contact, and gather W-9 documentation, lien waivers, and prepare 1099s as needed.
• Maintain organized records of all invoices and payment receipts.
• Reconcile credit card statements monthly, including receipt collection and coding.
• Generate monthly inter-company invoices for shared building expenses for 3rd party assets.
• Process bill-backs on a monthly basis.
• Record accounts payable-related banking activity for all properties monthly.

• Review monthly financial statements and address any significant variances related to missing accounts payable invoices or incorrect coding.
• Support the accounting team during audits and tax preparation by providing necessary documentation.
• Work closely with the accounting team and other departments to address financial queries.

• Identify opportunities to streamline accounting workflows.
• Assist in automating processes to enhance efficiency and accuracy of financials.
• Assist HR with payroll processing.

This list is not comprehensive and responsibilities may change or be added at any time

• 2- or 4-year degree in accounting is preferred.
• 2-4 years of experience in accounting is preferred.
• Strong general ledger, accounts payable, and accounts receivable knowledge.
• Proficient computer skills, with experience in Excel (SUMIF, VLOOKUP, etc.).
• Experience in PMS systems preferred (Entrata, Yardi, and Realpage).
• Knowledge of Real Estate Accounting Principles (GAAP as it applies to real estate nuances) preferred.
• Demonstrated strong time-management skills with the ability to regularly shift priorities as needed to meet deadlines.
• Strong communication and organizational skills for regular coordination with site and corporate staff.