What are the responsibilities and job description for the Property Accountant position at KEENER MANAGEMENT LLC?
Job Details
Description
Reports To: Property Controller The purpose of this job description is to communicate the responsibilities and duties associated with the position of PROPERTY ACCOUNTANT. While the following information should be considered a comprehensive description of this position, it should also be noted that some responsibilities and duties may not be specifically addressed. Every Keener employee is expected to perform any reasonable task or request that is consistent with fulfilling company objectives. Our company emphasizes a TEAM APPROACH which focuses on a spirit of cooperation, common purpose, and culture of superior customer service. Working together as a team encourages superior performance through open communication and decision empowerment. It is imperative that you review these duties, skills, and physical requirements closely and that you understand that, by signing the Job Description Acknowledgement, you are verifying that you can perform all the duties, have the skills, and possess the physical abilities that are necessary to perform the job as described.
The PROPERTY ACCOUNTANT is fully accountable and responsible for maintaining general ledger, cash management, posting journal entries and preparation/review of monthly financial statements and supporting schedules for senior management. Must be highly organized and have outstanding communication skills to be successful in this role. In addition to month-end close responsibilities this team member must ensure monthly bank reconciliations are completed, required critical payments are made, and accounts payable are paid in a timely manner. The property accountant will partner with the property manager and other team members to ensure accuracy and timely financial reporting and will also interface with independent auditors and internal associates.
Salary / Exempt (ineligible for overtime)
DUTIES AND RESPONSIBILITIES
- Analyze and review property general ledgers, balance sheets and income statements, for accuracy and prepare and record journal entries as required.
- Perform month-end close responsibilities, including posting of management fees.
- Prepare and distribute monthly financial reports by assigned due dates ensuring quality and accuracy.
- Reconcile balance sheet accounts monthly and make corrections as needed.
- Ensure monthly bank reconciliations are completed, following up on any outstanding items in a timely manner.
- Interact with site teams and management to resolve issues.
- Continuously monitor cash balances, correspond with properties for updated deposit information, and approved accounts payable and any cash withdrawals for each property account.
- Assist site teams and management with annual budgets and forecasts.
- Maintain well organized files to company standards in cloud-based storage.
- Assist with year-end audit requests.
- Complete special projects as assigned.
- Performs any additional duties or tasks as assigned by the Property Controller, COO or President.
- Becomes familiar with the company’s strategic goals each year, striving to accomplish the goals.
Qualifications
KNOWLEDGE AND ABILITIES
- Ability to work independently and in a team environment, be a self-starter and have comfort with fast paced environment.
- Must be able to communicate both orally and in writing and have the ability to understand departmental operations and procedures.
- Must use good judgement, demonstrate initiative, and take pride in accuracy.
- Ability to interact professionally with all employees and clients.
- Proficiency in using property management software(s) used by company as well as Microsoft Office (Word, Outlook, Excel and PowerPoint).
- Stay up to date with accounting practices and standards as the relate to GAAP.
- Although Keener Management strives to provide a healthy work-life balance, there may be occasions that require you to work additional hours depending on staffing needs and emergencies.
REQUIRED EDUCATION AND TRAINING
- Bachelor’s degree in accounting preferred and one to three years professional accounting experience encompassing similar duties or equivalent combination of education and experience.
PHYSICAL REQUIREMENTS
- Stand and walk or sit alternatively depending on specific needs of the day. Estimate 20% of time is spent on feet and 80% sitting at desk.
- Have occasional need (33% to 66% of the time) to perform the following physical activities:
Bend/Stoop/Squat Pick up litter, filing.
Climb Stairs Inspect and show property.
Push or Pull Inspect and show property, open and close doors.
Reach Above Shoulders Inspect property, store/retrieve supplies.
- Constant need (66% to 100% of time) to perform the following physical activities:
Writing/Typing Composing correspondence, spreadsheets
Grasping/Turning Telephone, doorknob use
Finger Dexterity Operation of office equipment
- Lifting/Carrying (paperwork, deliveries, files, miscellaneous
Over 25 pounds Rarely need (less than 1% of the time)
20 – 25 pounds Occasional Need (1% to 33% of the time)
Less than 20 pounds Frequent need (33% to 66% of the time)
Under 10 pounds Constant need (66% to 100% of the time)
VISION REQUIREMENTS
- Constant need (66% to 100% of the time) to complete forms, read and review reports and a wide variety of correspondence, view computer screen. Frequently need to see small details.
HEARING REQUIREMENTS
- Constant need (66% to 100% of the time) to communicate over telephone and in person with property owners, corporate and resident management, vendors, and residents.
SPEAKING REQUIREMENTS
- Must be able to comprehend, speak, and write the English language.
- Constant need (66% to 100% of the time) to communicate over telephone and in person.
DRIVING REQUIREMENTS
- frequent need (20% to 25% of the time) to utilize personal transportation to inspect apartments, property, and surrounding neighborhood, and to make trips to the bank and visit the corporate office.
- Must have a valid driver's license and automobile insurance.
WORKING ENVIRONMENT
- Indoors (100% of the time).
- Must be able to work in a fast-paced and customer service-oriented environment.
- Performs duties under pressure and meets deadlines in a timely manner.
- Works as part of a team, as well as complete assignments independently.
- Takes instructions from Corporate Controller, COO and President.
- Exercises strong analytical, organizational, and time management skills.
- Able to resolve conflict in a professional manner.
- Interacts with co-workers and on-site teams, and clients in a professional pleasant and manner.
REASONING DEVELOPMENT
- HIGH. Must be able to apply principles of logical thinking to define problems, collect pertinent data, establish facts, draw valid conclusions, and initiate appropriate course of action. Must effectively convey ideas, images, and goals to a diverse group of personalities.
SAFETY RESPONSIBILITIES
- Learns and complies with all company safety rules.
- Immediately reports all unsafe conditions to Human Resources.
ADDITIONAL REQUIREMENTS
- Employees must fulfill the performance standards of this position and comply with policies, rules, and procedures of the company, including those set out in the Keener Employee Handbook, or otherwise communicated (verbally or in writing) to employees.
- This job description is intended to describe the general nature and work responsibilities of the position. This job description and the duties of this position are subject to change, modification, and addition as deemed necessary by the company. Employees are required to comply with supervisory instructions and perform other job duties, responsibilities and assignments requested by the
Regional Supervisor and/or President of Operations.
- Follow the Company’s confidentiality policy and ensure that the operations, activities and business affairs of the Company and clients are kept confidential. You are expected to respect and maintain the confidentiality of medical information of other employees.
- May be required to assist in special projects or activities designated by company. This may include, but not be limited to property acquisition/disposition, serving on, or participating in company sponsored or sanctioned committees, organizations, functions, etc.