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Soni
Morristown, NJ | Full Time
$80k-98k (estimate)
4 Days Ago
Clark Davis Associates
Morristown, NJ | Full Time
$79k-97k (estimate)
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Property Accountant
Soni Morristown, NJ
$80k-98k (estimate)
Full Time | Scientific Services 4 Days Ago
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Soni is Hiring a Property Accountant Near Morristown, NJ

The Property Accountant will be responsible for all aspects of property accounting and assisting with the month/year end close process along with reporting and budgeting. The Property Accountant must have the ability to collaborate with the team and provide timely and accurate production of deliverables.
Job Responsibilities:
  • Daily posting of cash receipts and reconciliation of tenant ledgers
  • Process rent payments, and invoices for the preparation of journal entries and record any adjustments and depreciation expense.
  • Post monthly rental and utility charges and process security deposit refunds, adjusting tenant account billing and charges, as necessary.
  • Complete monthly bank reconciliations
  • Monitoring the weekly cash position of multiple bank accounts.
  • Review all Accounts Payable activities including vendor statement reconciliation, accurate invoice coding, and process weekly check run.
  • Records and reconciles transactions that cascade across related entities.
  • Reconcile sub-ledgers to the general ledger.
  • Responsible for the accurate set up of properties in AppFolio and preparation of regular reporting.
  • Manages Common Area Maintenance (CAM) accounts, reconciling and making appropriate journal entries.
  • Record acquisition and refinancing entries as directed by the Senior Property Accountant
  • Assist in the research and explanation of budget to actual variances in collaboration with the Property Management Team to share these explanations with leadership and ownership.
  • Assist in the preparation of monthly financial statements and budgets for ownership and management review.
  • Perform ad-hoc reporting.
  • Other duties as assigned.
Requirements:
  • Four-year college degree in Accounting.
  • Experience with real estate accounting software AppFolio (preferred), Yardi, or related.
  • Two (2) or more years’ experience in real estate accounting and finance.
  • Knowledge of accounting principles and the requirements of real estate organizations
  • MS Office, Windows required with proficiency in Excel.
Compensation: $55,000-$65,000
Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.
#SONICNJ

Job Summary

JOB TYPE

Full Time

INDUSTRY

Scientific Services

SALARY

$80k-98k (estimate)

POST DATE

06/23/2024

EXPIRATION DATE

07/21/2024

WEBSITE

makeupbysoni.com

HEADQUARTERS

MURFREESBORO, TN

SIZE

<25

FOUNDED

2005

CEO

MUKESH PATEL

REVENUE

<$5M

INDUSTRY

Scientific Services

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The job skills required for Property Accountant include Accounting, Accounts Payable, Financial Statements, Accounting Software, Leadership, Bank Reconciliation, etc. Having related job skills and expertise will give you an advantage when applying to be a Property Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Property Accountant. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Property Accountant positions, which can be used as a reference in future career path planning. As a Property Accountant, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Property Accountant. You can explore the career advancement for a Property Accountant below and select your interested title to get hiring information.

If you are interested in becoming a Property Accountant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Property Accountant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Property Accountant job description and responsibilities

Property accountants prepare, maintain, and review financial records, commercial property agreements, residential property agreements, and deal with some rentals.

04/12/2022: San Antonio, TX

Most property accountants maintain ledgers of accruals and expenditures that document debits and credits during monthly, quarterly and yearly periods.

03/10/2022: Springfield, MA

A property accountant for a hotel chain might also produce profit and loss reports during the same periods.

02/24/2022: Longview, TX

Administer all lease processes and evaluate all activities and prepare required reports for same and ensure accuracy of all data tenant ledgers and coordinate with property manager and evaluate all reports on monthly basis.

01/25/2022: Tulsa, OK

Property accountants are responsible for the daily accounting operations on public properties.

03/27/2022: Bakersfield, CA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Property Accountant jobs

Often, property accountants who manage apartment building finances submit applicants' credit applications to credit bureaus and analyze reports to determine the creditworthiness of the applicants.

03/18/2022: Providence, RI

Some property accountants oversee the finances of maintenance and repair expenditures.

03/17/2022: Raleigh, NC

Some property accountants oversee the sale of properties, working with commercial real estate agents and performing mortgage-closing duties.

03/13/2022: Somerset, NJ

Property accountants complete general ledger entries and manage cash balances.

02/26/2022: Springfield, IL

Property accountants assist with the preparation of documents for annual audits and tax filing processes.

01/23/2022: Portsmouth, OH

Step 3: View the best colleges and universities for Property Accountant.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
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