Property Accountant

May 17, 2024
May 31, 2024
Work Mode
Full Time
Employment Type
Organization Type
Property Accountant What we are Looking for As a Senior Property Accountant minimum 7 8 years of experience you will be responsible for overseeing the financial management and reporting for the companys real estate properties This role requires a strong understanding of accounting principles attention to detail and the ability to communicate effectively with both internal and external stakeholders Key Responsibilities Financial Reporting Prepare monthly quarterly and annual financial statements for the companys real estate properties by GAAP Generally Accepted Accounting Principles Budgeting and Forecasting Assist in the preparation of annual property budgets and forecasts Monitor budget variances and provide explanations for any deviations General Ledger Management Maintain accurate and uptodate general ledger entries for all propertyrelated transactions including rent expenses and capital expenditures Accounts Payable and Receivable Oversee the accounts payable and accounts receivable processes for propertyrelated transactions ensuring timely and accurate processing Lease Administration Review and analyze lease agreements to ensure accurate billing of rents operating expenses and other charges Work closely with the leasing team to resolve any discrepancies CAM Common Area Maintenance Reconciliations Calculate and prepare annual CAM reconciliations for tenants ensuring compliance with lease terms and industry standards Tax Compliance Assist in the preparation of property tax filings and other taxrelated documents Coordinate with external tax advisors as needed Audit Support Provide support during internal and external audits including the preparation of audit schedules and responding to auditor inquiries Financial Analysis Conduct financial analysis on property performance including variance analysis ROI calculations and sensitivity analysis Process Improvement Identify opportunities for process improvements and efficiencies within the property accounting function Implement best practices to streamline workflows and enhance accuracy Qualifications Bachelors degree in Accounting Finance or related field CPA candidate preferred Minimum of 8 years of experience in property accounting or real estate finance Strong understanding of GAAP and financial reporting requirements Proficiency in real estate accounting software e g Yardi MRI and Microsoft Excel Excellent analytical and problemsolving skills Effective communication and interpersonal skills Ability to work independently and collaboratively in a fastpaced environment Attention to detail and a commitment to accuracy NOTE THIS POSITION DEMANDS TO BE FILLED ON PRIORITY ONLY CANDIDATES WHO CAN JOIN IMMEDIATELY CAN APPLY Title Property Accountant Department Accounting Employment Type Full Time Permanent Job Location Working Remotely Industry KPO Outsourcing Offshoring Employment Type Fulltime Shift Time EST US Time Zone