What are the responsibilities and job description for the Property Accountant position at Ascent LLC?
Ascent, LLC is a leading provider of comprehensive solutions for the planning, design, engineering, development, and operation of data centers and other mission critical facilities. Headquartered in Saint Louis, MO, Ascent specializes in powerful, efficient, and technologically advanced mission critical facilities and offers clients a broad range of delivery models spanning shell & core, build-to-suit, turnkey, and outsourced critical systems operations. Founded in 1998, Ascent provides a full spectrum of fast-track services that include project programming, design management, facility assessment, development and construction management, commissioning, and ongoing maintenance operations. Today, Ascent focuses on providing clients with innovative solutions and services yielding the highest levels of operational autonomy, efficiency, and control. Ascent’s clients include some of the most demanding mission critical organizations spanning multiple industries, Fortune 500 firms, and service providers. Our business is growing fast and we are currently seeking a talented Property Accountant.
TITLE:
Property Accountant
LOCATION:
St. Louis, MO
JOB SUMMARY:
Ascent is seeking a Property Accountant to join our team. The Property Accountant will direct all aspects of financial activities for multiple commercial property owners in conjunction with the property managers, including lease operations. The goal of this position is to maintain financial records in accordance with the customer requirements, legal requirements and corporate policies/procedures.
RESPONSIBILITIES:
- Assist Property Managers with development of annual budgets for operating and capital expenses. Forecast management plans and prepare monthly accounting reports such as income statements and balance sheets, explaining variances.
- Review and reconcile tenant rent and Common Area Maintenance (CAM), Insurance and Real Estate Tax recovery charges.
- Coordinate with Accounting Department to ensure accuracy of monthly tenant rent statements. Continuously review tenant accounts and monitor the collection process. Actively engages in resolving collection issues and disputes.
- When necessary, prepare correspondence with tenants regarding collections. Send and coordinate default notices to tenants and completes paperwork to initiate legal process. Participate in legal action when required.
- Prepare financial reporting in accordance with GAAP.
- When necessary, process payables, enter journal entries and create invoices.
- Perform tasks required for monthly financial closing. Including Bank Reconciliations.
- Develop and implement the approved strategic plans for the property.
- Control procurement and expenditure processing.
- Ensure adherence to the approved budget with primary responsibility for variance reporting; forecast cash flow of property; review real estate tax assessments; and file required municipal reports.
- Approve and ensure accuracy of all Accounts Payable invoices related to office operations, building maintenance, and capital expenditures in accordance with the established budget.
- All other duties as assigned including general office tasks.
QUALIFICATIONS:
· Bachelor degree in Accounting, Finance, Business or other related field preferred
· 5 years of relevant experience in commercial lease administration and/or property accounting preferred
· Working knowledge of lease documents and terms required
· General understanding of data center operations and knowledge of power usage and HVAC for mission critical facilities a plus
· Candidate must possess a high attention to detail
· Must exhibit excellent interpersonal and communications skills, both written and orally
· Must exhibit excellent organizational skills
· Candidate must be a self-starter and able to work unsupervised
· Strong computer skills including proficiency in Word, Excel, QuickBooks, and Yardi required
This position reports to the Controller.
All interested candidates should visit www.ascentcorp.com and select the Why Ascent / Careers tab to apply for the position or submit resume to humanresources@ascentcorp.com.
Ascent, LLC offers a full benefits package including medical, dental, vision, STD/LTD, life insurance, 401(k), PTO, paid holidays, casual work environment and more.
Ascent, LLC is an Equal Opportunity Employer. We are committed to harboring an inclusive and diverse work environment and welcome all qualified applicants regardless of race, age, gender, sexual orientation, gender identity, religion, disability, national origin, protected military or veteran status, or any other status protected by the laws or regulations in the locations where we operate. These terms apply to all stages of employment with our company. Ascent, LLC actively works to create an inclusive environment where all of our employees can thrive, and we understand that having a wide range of experiences, viewpoints, and backgrounds help to make us both a stronger employer and a stronger business.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Referral program
- Vision insurance
Schedule:
- Day shift
- Monday to Friday
Supplemental Pay:
- Bonus opportunities
- Yearly bonus
Work Location: In person