What are the responsibilities and job description for the Property Accountant position at firstPRO, Inc?
Job Summary:
A growing real estate firm is seeking a detail-oriented Property Accountant to take charge of the financial operations for assigned commercial properties. In this role, you will collaborate with property managers, leasing teams, and corporate accounting to deliver precise financial reporting, manage budgets, and ensure compliance with company policies. This is an exciting opportunity to contribute to a thriving organization while advancing your expertise in property accounting.
Responsibilities:
- Prepare and analyze monthly, quarterly, and annual financial statements for assigned properties.
- Perform general ledger maintenance, including journal entries and account reconciliations.
- Handle CAM, real estate tax, and insurance reconciliations and billings.
- Prepares and enters all journal entries necessary to maintain balance sheet and income statement accounts.
- Manage property budgets and forecasts, ensuring alignment with operational goals.
- Monitor and track tenant accounts, including rent payments, late fees, and escalations.
- Collaborate with property managers to review financial performance and address variances.
- Assist with external audits by providing necessary documentation and insights.
- Ensure compliance with company policies, GAAP, and applicable regulations.
- Support the implementation of system upgrades or process improvements.
Qualifications:
- Bachelor’s degree in accounting, Finance, or a related field.
- 2-4 years of property accounting experience, preferably in commercial real estate.
- Proficiency in property management software such as Yardi, MRI, or JD Edwards.
- Strong knowledge of GAAP and financial reporting standards.
- Advanced skills in Microsoft Excel, including pivot tables and VLOOKUP.
- Excellent organizational and problem-solving abilities.
- Strong communication skills to interact with internal and external stakeholders.
Salary : $75,000 - $95,000
