Senior Property Accountant

Job Description

Job Description

Description :

For more than 70 years, Heatherwood has been committed to building upscale residential rental communities, commercial properties, and luxury urban spaces. Our commitment to quality constructions, striking designs, and providing exemplary service, makes us one of the most highly regarded leaders in the industry. At Heatherwood, we believe our employees are our greatest resource in working towards a successful future, that’s why we invest in employee development and promotion from within. Additionally, we offer a competitive benefits package including health & dental, and vision insurance, 401(k), and paid PTO.

The Sr. Property Accountant performs a vital job in the preparation and maintenance of financial, accounting, and statistical records. The ideal candidate must have a thorough knowledge of property accounting and the Sage software.

Requirements :

• Prepare monthly property-level Budget Variance reports
• Work closely with Ops team to explain major variances : positive and negative
• Manage monthly AP and AR close including completion of Bank recs
• Analyze GPR / Rent Roll / Vacancy trends
• Oversee portfolio level escrow accounts : RE Tax / Insurance / Replacement escrows
• Review and approve property-level invoices to ensure proper GL coding and expenses is within budget
• Communicate over budget items with the Ops team and Controller
• Assist Controller in filing for quarterly PTETs
• Analyze and ensure utility invoices are processed timely, eliminate late fees
• Manage AR / Bad Debt / Collection processes and tracking with Controller / CFO
• Work with the Assistant Controller on year-end financials and balance sheet schedules
• Help identify various areas within NOI to improve revenues and reduce ongoing expenses
• Work closely with the Controller and CFO on various ad-hoc projects including improving the property accounting department within the Accounting / Finance

Skills

Education