Property Accountant

Summary

The Property Accountant reports to the Supervisor of Property Accounting  and is responsible for financial operations and reporting for assigned properties; coordinating with on-site staff and providing training, guidance, development, and problem solving on a daily basis; monitoring the Accounts Payable process and reviewing batches to ensure prompt payment and appropriate cash management;  collaborating with Property Management, Leasing, Specialty Leasing and the on-site management team to produce annual budgets and forecasts.

Essential Duties and Responsibilities 

• Responsible for financial operations and reporting for selected properties

1. Coordinate with on-site Office Coordinator and provide training, guidance, development, and problem solving
2. Monitor Accounts Payable process and review batches to ensure prompt payment and appropriate cash management
3. Review accounting and financial reports, journal entries, and related information in order to prepare monthly financial reporting for the Client 
4. Create and complete closing entries 
5. Collaborate with Corporate Accounting, Property Accounting, Property Management, Leasing, Specialty Leasing and the on-site management team to produce annual budgets and forecasts, with particular focus on corporate allocations, management and leasing fees, capital schedules, depreciation and amortization as well as Yardi support  
6. Calculate and process Client distributions

• Provide superior client service

1. Maintain Client confidence and protect operations by keeping financial information confidential
2. Be familiar with terms of the Management and Leasing Agreements for each Client (assigned properties) to ensure that accounting and reporting requirements are fulfilled accurately and timely, including transition activities for new business or terminated assignments 
3. Positively and proactively collaborate with everyone in the company in any way needed to further the leasing and marketing of mall properties to achieve, sell, and provide world-class service to all our constituents

• Perform other duties as required
  • Work with Supervisor of Property Accounting to review, evaluate, create and implement accounting processes and procedures company-wide, focusing on collaboration, ease of use, best practices and continuous improvement

1. Collaborate with other Property Accountants to create, design, and implement checklists, templates, calendars, processes and internal controls to ensure accurate financial reporting and to create efficiencies and ease of work for property accounting, lease administration and treasury functions  
2. Document such checklists, templates, calendars, processes and internal controls to build Property Accounting procedures manuals, as needed
3. Assist management with prorations or other activities for Client’s financing or sales activities, as necessary
4. Perform other duties as required

Qualification Requirements

Education and/or Experience

Knowledge/Skills

• Adept with technology especially with Excel; familiarity with real estate accounting software, Yardi experience a plus
• Excellent communication skills demonstrated critical thinking and problem-solving 
• Able to manage multiple projects and priorities and able to manage time and be effective working from remote locations and/or home office

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Use of computer screens and keyboards
• Operation of a passenger vehicle
• Occasional and sometimes overnight air travel

• Manual dexterity sufficient for constant use of a keyboard, mouse and telephone/radio
• Ability to operate office equipment, including a copier, fax machine, postage machine, etc.

• Speech and hearing sufficient for regular communications on the phone, radio or face-to-face

• Vision sufficient for reading work related documents on a monitor or in paper format
• Sufficient sense of smell to detect dangerous odors
• Ability to walk, bend, stoop, climb, and reach in the course of normal office functions

• Ability to sit and stand for long periods of time 

This job description is not all inclusive.  Other duties and responsibilities may be required.  In support of the Americans with Disabilities Act, this job description lists only those responsibilities and qualifications dee