What are the responsibilities and job description for the Senior Property Accountant position at Soni?
Industry leading Property Management company and developer is in search for their next Sr. Property Accountant. The ideal candidate will possess a strong understanding of property accounting principles and have the ability to manage multiple tasks in a fast-paced environment. This role requires collaboration with Property Management, Leasing, and Construction teams to ensure accurate financial reporting and support.
Responsibilities:
- Attention to Detail: Ensure accuracy in all financial transactions and documentation.
- Multi-tasking: Adapt to various tasks efficiently while maintaining high standards of work.
- Communication: Follow directions from Property Management, Leasing, and Construction, and proactively follow up with any questions.
- Transaction Analysis: Analyze financial transactions and understand their impact on financial statements, including accrual and cash basis reporting.
- Accounting Concepts: Demonstrate a solid understanding of prepaids and accruals.
- Journal Entries: Generate and record journal entries as needed.
- Financial Statements: Prepare balance sheets, income statements, and statements of cash flows.
- Support Schedules: Develop backup support schedules for all balance sheet balances.
- Fixed Assets: Maintain accurate fixed asset schedules.
- Loan Documentation: Understand loan documents to ensure accurate reflection in financial statements.
- Lease Interpretation: Analyze tenant leases to properly record revenue and operating escalations.
- Tenant Relations: Maintain a positive rapport with tenants, send monthly billing invoices, and record cash receipts.
- Collections: Diligently follow up with tenants on any outstanding balances.
- Accounts Payable: Approve accounts payable invoices and verify the accuracy of amounts and coding.
- Leasing Commissions: Calculate and record leasing commissions accurately.
- Auditor Coordination: Handle requests from outside auditors effectively.
- Budget Preparation: Collaborate with Property Management to prepare annual budgets for respective properties.
- Expense Analysis: Identify and question any expenses that deviate from standard operating costs.
- Lease Management: Understand gross and net leases; perform true-ups of tenants' expenses at year-end as per lease agreements.
- Ad Hoc Projects: Manage additional projects alongside regular responsibilities.
- Deadline Management: Meet deadlines consistently; overtime may be required.
- Technical Proficiency: Utilize Microsoft Office and accounting software effectively.
Requirements:
- 4 years of relevant property accounting or public accounting experience
- Strong analytical skills with the ability to interpret financial data.
- Excellent communication and interpersonal skills.
- Proven ability to work independently and collaboratively within a team.
- High level of proficiency in Microsoft Office, particularly Excel.
- Familiarity with accounting software
Preferred:
- CPA or MBA
- MRI, Yardi, or Sage experience
Compensation: $90,000-$115,000
Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.
Salary : $90,000 - $115,000
