What are the responsibilities and job description for the Senior Property Accountant position at FWM PAYROLL CLEARING INC?
TITLE: Senior Property Accountant
COMPANY: Fairway Management, Inc, a subsidiary of JES Holdings LLC
LOCATION: In office in either St Louis, MO or Columbia, MO
Must live locally to either area. We do not offer relocation for this position.
Company Overview:
At JES Holdings, our company's mission is to develop, build, and manage quality affordable housing, where our families would be proud to live.
A key division of JES Holdings, Fairway Management (FWM), is responsible for the management, upkeep, and day to day operations of more than 230 apartment communities and single-family rental subdivisions in the affordable housing market. FWM's team works together to provide exceptional service to our clients and communities. We are driven by our core values of entrepreneurship, integrity, accountability, and our mission to serve our communities.
If this opportunity excites you then we encourage you to apply to join us in our mission to provide quality housing where our families would be proud to live.
The Senior Property Accountant applies company policies and control procedures with the preparation of monthly financial statements. This position is responsible for completing monthly general ledger reconciliations including balance sheet, income statement and cash flow statements. The Senior Property Accountant works with field staff each month to analyze the financial strength of each property. This full-time position.
Essential Functions:
- Preparation of monthly financial statements including balance sheet, income statements and cash flow statement for assigned portfolio of properties
- Responsible for monthly, quarterly and annual reporting to governmental agencies, investors and lenders
- Coordinating processes related to the set-up of new properties, as well as preparing necessary journal entries to prepare the financial statements
- Compile and review initial lease-up budgets for new properties and update as properties progress through leasing period
- Work with various personnel in operations to prepare monthly cash flow projections and analyze variances between budget and actual figures
- Assist with the annual audit and tax return for external tax preparers, including assisting the Controller in review of annual tax packets prepared by the staff accountants
- Assist in managing the full budget process for property portfolio, including preparation and submission of annual property budgets to governmental agencies.
- Assist in studying existing accounting processes and identifying process improvements or enhancements to gain efficiencies for the team
- Assist with analytical projects for Controller and Executive Management
- Preparation and maintaining of fixed asset schedules for depreciable assets for assigned portfolio of properties
- Preparation of general ledger journal entries and account reconciliations for assigned portfolio of properties
- Reconciliation of property rent rosters to deposit records and monitoring of receivable/prepaid balances for assigned portfolio of properties
- Preparation of property loan refinance analysis and assisting with permanent loan conversion due diligence
Position Requirements:
- Bachelor’s degree in Accounting/Finance or other relevant degree program
- Three or more years of relevant experience in working with financial statements, budget and forecast preparation, general ledger reconciliation, financial analysis, and knowledge of basic accounting procedures and Generally Accepted Accounting Principles (GAAP)
- Property Management accounting experience strongly preferred
- Proficient in Microsoft Office applications
- Ability to multi-task with excellent written and verbal communication skills
- Ability to problem-solve and think conceptually with the ability to make decisions without detailed instructions
- Must be able to meet assigned deadlines in a fast-paced, team environment
- Must demonstrate and provide exceptional customer service, both internal and external
- Strong project management skills (plan, coordinate, status reporting)
- Ability to help lead the staff by training and collaborating with the staff in order to successfully reach team goals
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