Description The Property Accountant is responsible for preparing financial statements and reconciliations for assigned properties. This position works under the general supervision of the Property Accounting Manager.
Essential Job Functions:
Prepare monthly financial statements for assigned properties including, but not limited to: bank reconciliations, journal entries, income/expense accruals, reclasses, variance analyses, balance sheet reconciliations, capital spending and TI project reconciliations, cash flow projections.
Maintain Corporate Fixed Asset System for assigned properties.
Preparation of annual CAM / Real Estate Tax budget and reconciliations.
Understand and be able to perform accounts payable, accounts receivable and lease administration in accounting software.
Assist with preparation of annual budgets and semi-annual forecasts.
Assist Property Management with tenant accounts receivable reconciliations as needed.
Prepare detailed interim and year end work papers and supporting schedules requested by internal and external auditors.
Assist in the research, analysis, documentation, and response of tenant audits.
Assist Fund Controllers with ad hoc requests.
Requirements Education and Experience:
Bachelor’s degree in Accounting from an accredited institution; and
More than four years of property accounting experience in real estate; or
Any combination of education, training and experience which provides the required knowledge, skills, and abilities to perform the essential functions of the job.
Licenses and Certifications: