What are the responsibilities and job description for the Property Accountant position at Recruiting Solution Incorporated?
Growing Real Estate firm seeking a Property Accountant to be responsible for communicating financial results to all level of management, financial closing and reporting of a multiple partnership portfolio, including the analytical review and reconciliation of all entities in the portfolio in compliance with US GAAP.
ESSENTIAL DUTIES
• Analyzes and interprets financial information, compiles, and reports data for assigned portfolio of properties
• Prepares complex account reconciliation and journal entries and performs on-going analytical review in support of the monthly close process
• Prepares monthly analysis of account variance
• Ensures all inter-entity transactions are in balance and analyzes variances prior to financial reporting close
• Reads and understands compliance and partnership documents, including regulatory and loan agreements as well as the accounting treatment associated with each document
• Research and documents conclusions on accounting issues with appropriate understanding of relevant GAAP pronouncements
• Participates in meetings to communicate and share accounting and analysis information
• Prepares annual audit schedules and works with external auditors to complete audited financial statements and tax returns and ensures all are filed within timeline of partnership
• Reviews and understands audits and footnotes prepared by external auditors
• Monitors adherence to audit requirements and ensures full compliance in accordance with regulatory agencies
• Confirms surplus distributions are correctly calculated and appropriately distributed
• Presents financial information and appropriately answers accounting questions to management and boards of directors
• Provides ad-hoc reporting, as requested
• Performs other assignments as required
QUALIFICATIONS
Education and Experience
• Bachelor’s degree in the field of Accounting or Finance, three years of experience in accounting and financial analysis or a combination of education and experience
Knowledge, Skills, and Abilities
• Proficient using Microsoft including Excel, Word, One Drive, and Outlook
• Strong GAAP knowledge required
• Experience in accounting for partnerships and related party transactions, preferred
• Experience using Property Accounting ERP software and working knowledge of leasing and rents - Real Page and OneSite software experience, preferred
• Strong ability to work independently and understand and explain financial concepts
• Detailed oriented – must be able to produce work product with a high level of accuracy
• Highly organized - ability to multi-task, track progress, and balance priorities
• Must be able to communicate with diverse parties – within the Accounting team and with the Property Management and Asset Management teams
Recruiting Solution Incorporated (RSI) is a minority woman-owned search firm specializing in connecting accounting, finance, human resources, and administrative professionals with early start-ups, as well as private and public companies across all industries. When you choose to work with RSI, rest assured that you will be working with confident and dedicated recruiters who prioritize your career interests above all else. We take the time to genuinely listen to your career goals and objectives, ensuring that our job opportunities perfectly align with your aspirations. Our services go beyond the norm, offering a personal touch that includes meticulous resume proofreading and editing, invaluable interview advice and tips, constructive feedback after your interviews, and most importantly, skillful negotiation to secure the best offer package on your behalf – all at absolutely no cost to our candidates.
We are an Equal Opportunity Employer that cares about diversity and inclusivity. We foster an environment that celebrates individuality and enables you to be your best self. As an equal opportunity employer, we welcome all applicants regardless of gender identity or expression, sexual orientation, national origin, religion, marital status, veteran status, age, disability, or race.
