Staff Accountant
The Staff/Property Accountant primary responsibility is to record the daily accounting for a portfolio of properties. This position prepares journal entries, work papers, account reconciliations and other summary reports to support and for presentation in the financial statements.
CORE RESPONSIBILITIES:
- Responsible for the daily accounting for a portfolio of properties. Completes work papers in the following areas: real estate tax, CAM, insurance, rental income, other property income and non-recoverable expense.
- Reviews the balance sheet and income statement to ensure all transactions are recorded appropriately and timely. Analyzes and understands fluctuations in account balances and identifies variance drivers.
- Prepares and reviews documentation and records journal entries for acquisitions and dispositions of real estate.
- Ensures compliance with internal controls and recommends additional policies and procedures to enhance controls.
- Reconciles fixed asset additions, calculates depreciation (GAAP and tax basis) and prepares a fixed asset roll forward.
- Responsible for monitoring debt for the portfolio. This includes reviewing monthly debt service payments, preparing debt compliance reports and calculating debt service coverage ratios.
- Prepares and analyzes reports for monthly internal reporting package. This includes preparing supporting information for SEC filings.
- Other duties as assigned.
QUALIFICATIONS:
Education: This position requires a Bachelor’s degree (B.A.) in accounting or finance from a four-year college or university or equivalent professional knowledge and/or work experience.
Experience:
This position requires 0 to 6 years of prior professional experience in accounting, preferable in a real estate environment.
Skills:
- Strong skills in Microsoft Excel are required for this position.
- • Knowledge of JD Edwards and Yardi (or comparable general ledger software program) are preferred for this position.
- • Strong verbal and written communication skills.
We are an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, sex, national origin, age, sexual orientation, familial, marital or veteran status, disability, or any other legally protected classes.
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