Property Accountant

PROPERTY ACCOUNTANT

Job Overview

Crescendo Commercial Realty is looking for a Property Accountant in the Cleveland, OH area to fill a position in our Accounting Department. Crescendo was ranked on the Weatherhead 100 list as one of the fastest-growing companies in Northeast Ohio. We’re a leading commercial property management company with a unique focus on the high- growth healthcare real estate space. Our firm has about $400M in assets under management and is rapidly growing.

The Property Accountant is responsible for the day-to-day accounting for an assigned group of commercial properties throughout the US. The Property Accountant will work with various other teams in the company to ensure day-to-day functions are done timely and accurately. This is a great opportunity to learn about the commercial real estate industry and what it takes to manage the ins and outs of a property with tenants.

Property Accountant Required Skills:

· Strong analytical skills used to troubleshoot and solve various accounting and business hurdles that arise.

· Self-starter who is engaged and able to learn from prior examples.

· Good understanding of general ledger accounting, payables, and receivables.

· Customer service mindset with a drive to establish and continuously improve processes.

· Strong organizational and time management skills and ability to prioritize workload.

· Professional communication skills both written and oral.

· Ability to learn in a fast-paced environment and make judgement calls with minimal guidance.

· High standard to produce accurate and timely work with a high degree of attention to detail.

Property Accountant Job Duties:

· Prepare and post bank reconciliations, general ledger reconciliations, and other ad hoc reconciliations.

· Prepare and post journal entries including yearend adjustments and monthly accruals.

· Monitor and review Accounts Payable weekly, ensuring invoices are coded correctly, calculate necessary prorations, and help research any discrepancies.

· Compile monthly, quarterly, and yearly financials for various reporting purposes.

· Manage Accounts Receivable by reviewing and posting receivables, completing collection calls, and updating internal trackers.

· Ensure compliance with sales tax payments and filings.

· Budget variance reporting, and year end budget preparation for assigned group of properties.

· Lender reporting and disbursements in accordance with loan terms and deadlines.

· Participate in CAM Reconciliations and Estimates.

· Read and interpret real estate leases.

· Prepare and send all financial statements to CPA’s for tax return filing.

· Assist in annual 1099 filing process

· Various other ad hoc reporting and projects that involve analytical skills and thinking outside of the box.

Qualifications:

· Bachelor’s Degree in Accounting, Finance, or Business Administration.

· 0-2 years of related experience, or equivalent combination of education and customer service experience.

· Strong working knowledge of MS Excel and other MS Office products.

· Yardi real estate software experience a plus.