What are the responsibilities and job description for the Boutique Property Management Accountant position at Jili Property Management Llc?
Benefits/Perks
- Competitive Compensation
- Great Work Environment
- Career Advancement Opportunities
Job Summary
We are seeking a Boutique Property Management Accountant to join our team! As a Property Accountant, your responsibilities will include preparing weekly, monthly, and quarterly financial reports, managing payables and receivables for the property company, and processing tax documentation, including sales tax, real estate tax, and more. You will also review daily banking activity, process cash receipts, and reconcile transactions. The ideal candidate has accounting experience in the real estate industry, exceptional time management skills, strong attention to detail, and impeccable communication skills. The ideal candidate will be well-versed in cash accounting, Yardi & rental, and owner unit accounting nuances—salary DOE.
Daily Responsibilities
- Respond to requests from field staff and Board Members within 24 hours. If unable to meet this deadline, promptly inform the requester.
- Address requests from corporate staff promptly, adhering to the same 24-hour response policy.
- Monitor material transactions that may impact cash availability.
- Prioritize tasks to meet deadlines efficiently.
- Resolve any review notes from previous accounting periods.
- Perform administrative tasks, including record keeping and filing.
Monthly Responsibilities
- Prepare necessary bank transfers for reserve funding and special assessments.
- Reconcile bank accounts for assigned associations.
- Complete the items on the Monthly Checklist for Financial Statement Preparation.
- Prepare the financial package for each assigned association according to contractual deadlines. This includes:
- Balance Sheet
- Income Statement
- Bank Reconciliations
- Delinquency/Prepaid Reports
- Accounts Payable Detail
- Check Register
- Reconcile each Balance Sheet line item and maintain supporting schedules.
- Prior to review submission, analyze financial statements to ensure accuracy and compliance with accrual accounting.
Annual Responsibilities
- Budget Preparation
- Financial Audit:
- Request required information from the audit firm immediately following their election.
- Follow up with auditors to ensure timely audit completion.
- Upon receiving the audit report draft, perform the following:
- Verify the accuracy of financial statements.
- Cross-check balances in Notes to Financial Statements.
- Review proposed audit journal entries and adjusted trial balance.
- Resolve any discrepancies with the auditor.
- Communicate material post-year-end events/transactions to the association.
- Follow up to ensure timely issuance of the final audit report.
- Book audit entries affecting the fund balance upon receiving the final report.
Job Requirements
- 1 to 3 years of experience in a related field.
- Bachelor’s Degree in Finance or Accounting.
- CPA certification and/or related work experience preferred.
- Strong organizational skills and commitment to meeting reporting deadlines.
- ·Ability to prioritize and multitask.
- Proficiency in Microsoft Office (Excel and Word).
- Ability to work independently with minimal supervision.
- Strong communication and analytical skills.
- Experience in Yardi is required.
- Experience in Cash accounting.
- Experience with both rental units and HOA accounting required.
This position is currently part-time but could transition to full-time for the right candidate. Salary is commiserate with experience.
Salary : $57,700 - $75,600