What are the responsibilities and job description for the Property Staff Accountant position at California Job Shop?
Property Staff Accountant
Fremont, CA (Hybrid)
Position Summary :
The Property Accountant is expected to produce a high volume of accounting work and / or special projects. Applies principles of accounting to prepare and analyze property financial reconciliations and statements. Prepares year end reconciliations / schedules and works with supervisor to ensure timely completion of financial reporting of assigned projects. Prepares reports and works with accounting team to summarize and interpret current and projected financial position of assigned projects. Performs the duties listed below and other duties as assigned.
RESPONSIBILITIES :
- Review Final AP batches for accurate coding and timely payments of specific properties, deliver report to bookkeeper for check run within scheduled deadline weekly.
- Maintain and monitor cash balances of specific assigned properties.
- Reconcile Subledgers and select Balance Sheet accounts to Trial Balance monthly for specific assigned properties.
- True up Intercompany for assigned properties to the parent company and prepare cash transfer documents when needed.
- Prepares monthly GAAP project financial reporting package needed to evaluate progress, financial status, and needs of specific properties.
- Assist in completing pre close and close activities, answering questions with the assistance of property managers, providing support, and ensuring timely completion of accounting processes for on time client and Company reporting.
- Prepares bank reconciliations for assigned property and company accounts.
- Prepare appropriate journal entries to general ledger to generate monthly financial reports.
- Ensures timely payments of applicable mortgages, taxes, reserves, and other fees for assigned properties.
- Ensures regular and timely filing of all property financial information in centralized accounting files. Appropriately maintains any supporting documentation used for reconciliation and financial reporting.
- Ensures the proper receipt, tracking and filing of hard and electronic copies of permanent documents for projects and legal entities.
- Assist with annual budget uploads to accounting software.
- Coordinates with immediate supervisor to resolve issues in a timely manner.
- Provides support to AP, Bookkeeper and Senior Staff Accountants on ad hoc basis.
MINIMUM QUALIFICATIONS :
COMPETENCIES :
Education
Bachelors or better in Accounting.
