1 Property Accountant Job in Warrensville, OH
Weston Inc. is Hiring a Property Accountant Near Warrensville, OH
Duties And Responsibilities
- Financial Recording: Maintain precise and current financial records for our property portfolio. Record transactions, process invoices, and reconcile accounts to ensure financial data integrity.
- Reporting and Analysis: Assist in preparing timely and accurate financial reports, including income statements, balance sheets, and cash flow statements. Collaborate with the property accounting team to analyze variances and provide insights.
- Expense Tracking: Monitor property-related expenses such as utilities, maintenance, and repairs. Ensure expenses are correctly allocated and adhere to budgetary guidelines.
- Lease Management: Support lease accounting processes by tracking lease terms, rent payments, and maintenance obligations.
- Budget Support: Aid in developing property budgets and forecasts in partnership with property management and finance teams. Monitor actual performance against budgeted expectations.
- Reconciliation: Conduct monthly bank and account reconciliations to identify and resolve discrepancies. Investigate and rectify any inconsistencies.
- Collaboration: Work closely with property managers, asset managers, and other departments to gather pertinent financial data and provide necessary support.
- Compliance: Ensure compliance with accounting standards, company policies, and regulatory requirements. Support audit processes and respond to auditor inquiries.
- Process Improvement: Continually assess and enhance property accounting processes to improve efficiency and accuracy. Identify opportunities to streamline workflows and enhance data quality
- Technology Utilization: Utilize property management and accounting software to process transactions and maintain financial records. Leverage technology to enhance reporting capabilities.
- Communication: Clearly and succinctly communicate financial information to both financial and non-financial stakeholders. Support in explaining financial results and trends effectively.
- Perform other duties as assigned.
- This position does not have any supervisory responsibility. This position works collaboratively with other departments to ensure seamless integration of tasks and responsibilities.
- Strong grasp of accounting principles and practices.
- Proficiency in financial reporting and analysis, with advanced Excel skills.
- Experience with MRI property management and accounting software; familiarity with Spreadsheet Server is advantageous.
- Detail-oriented with exceptional organizational skills.
- Effective communication and interpersonal abilities.
- Ability to collaborate in a team environment and adapt to shifting priorities.
- Strong problem-solving skills and a proactive approach to tasks.
- Bachelor's degree in Accounting, Finance, or a related field.
- 2-4 years of experience in property accounting or similar financial roles.
- This role primarily operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets.
- Ability to travel as needed. The position may occasionally require the employee to work outside the office, visiting properties or attending meetings with external stakeholders.
- While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms. Must be able to lift, carry, or push/pull up to (15) pounds.
- This is a full-time position. Days and hours of work are Monday through Friday, 8:00am to 5pm. This position may require longer hours and occasional weekend work as job duties demand.
Job Summary
Full Time
$62k-76k (estimate)
07/03/2024
07/31/2024
teamweston.com
CLEVELAND, OH
100 - 200
1972
ANN S ASHER
$10M - $50M
Related Companies
About Weston Inc.
Weston Inc. is a commercial real estate company with 12 million square feet of property across the United States. Established in 1972 with the purchase of older industrial real estate, the company today has offices in Cleveland, Ohio and Louisville, Kentucky, and encompasses acquisitions, leasing and management services. Weston specializes in identifying and securing customers for industrial warehouse/distribution centers within its portfolio and places an emphasis on outstanding customer service. The company's ability to work with tenants to achieve their facility goals is a key reason why te...nants choose Weston, not only in Northeast Ohio, but across the country. While the lease is important to us, it's our relationships that matter the most. Weston...We See To Your Vision
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The job skills required for Property Accountant include Accounting, Analysis, Balance Sheet, Financial Reporting, Account Reconciliation, Problem Solving, 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.
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.
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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.
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Property accountants are responsible for the daily accounting operations on public properties.
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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.
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Some property accountants oversee the sale of properties, working with commercial real estate agents and performing mortgage-closing duties.
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Property accountants complete general ledger entries and manage cash balances.
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Property accountants assist with the preparation of documents for annual audits and tax filing processes.
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Step 3: View the best colleges and universities for Property Accountant.
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