Property Accountant

Job Overview

A Property Accountant provides management with financial information by researching and analyzing accounts, as well as maintain the financial reporting for assigned properties. Responsibilities include preparing monthly reporting packages for third-party owners and lenders, assisting with outsourced and in-house bank reconciliations, troubleshooting accounting software bank reconciliation issues, preparing and filing direct pay sales tax return monthly, handling sales tax audit, and other special projects.

Duties & Responsibilities

• Maintain accurate and uptodate financial records for all properties
• Prepare monthly financial statements and reports for management
• Reconcile bank accounts and ensure all transactions are recorded correctly
• Manage accounts payable and accounts receivable for properties
• Monitor and analyze property budgets and expenses
• Assist with annual budget preparation and forecasting
• Coordinate with property managers and other departments to ensure accurate financial reporting
• Ensure compliance with accounting standards and regulations
• Assist with audits and tax filings
• Provide financial analysis and recommendations to management as needed.

Education & Training

• Bachelor's degree in Accounting or Finance.

Knowledge, Skills & Experience

• Knowledge of accounting principles and practices, including GAAP and IFRS
• Skills in financial analysis, budgeting, and forecasting
• Experience with property management software, such as Yardi or MRI
• Knowledge of tax laws and regulations related to property ownership and management
• Skills in preparing financial statements and reports, including balance sheets and income statements
• Experience with accounts payable and receivable, including rent collection and vendor payments
• Knowledge of lease agreements and tenant relations
• Skills in communication and collaboration with property managers and other stakeholders.