What are the responsibilities and job description for the Senior Property Accountant position at KeyStaff Inc.?
Location: Mid-Town Manhattan (56th & Park Ave.)
Pay Rate: $12K -$140K annually
We are seeking candidates who are detailed oriented, proactive in their responsibilities, and have broad real estate knowledge of shopping centers, retail and other asset types. Candidates needs to be able to work on their own and work well in a team environment.
Monthly responsibilities
• Responsible for the monthly reporting packages consisting of shopping centers, office building, development properties, garages and retail spaces.
• Update the escrow balances and mortgage summary reports.
• Review cash flow and various management reports.
• Provide outside accountants with the statement of changes, and sources and uses files.
• Reconcile tenant security accounts and ledgers.
• Responsible for creating AP batches for the mortgages in Yardi.
• Review and approve invoices in Yardi.
• Review bank reconciliations.
• Update the escrow and mortgage balances for Treasury Department.
• Maintain accounting workpapers.
• Review distribution schedule provided by Treasury Department and document variances.
Annual responsibilities
• Prepare quarterly status reports with asset managers.
• Prepare the annual budgets and 3-year projections with Property Managers and Lease Administrator for
leasing assumptions and operating expenses.
• Review CAM reconciliations for budgets and year-end audits.
• Prepare year end audit workpaper packages and deliver to auditors.
• Work with the auditors to complete the audited financial statements.
• Record journal entries for consolidated books at year end.
• Update GAAP straight-line excel schedules for year end.
• Update GAAP depreciation excel schedules for year end.
Other responsibilities
• Submit quarterly financials to lenders.
• Monitor progress of capital improvement budgets
• Responsible for entering property tax bills in Yardi Payscan.
• Annual filing of Income and Expense forms for municipality.
• Prepare TC201/203’s and tax petitions with the outside council.
Required knowledge of Yardi Voyager’s Custom Financial Reports and Advanced Budgeting Tools
Salary : $12,000 - $140,000
