What are the responsibilities and job description for the Property Accountant position at Thomas Edwards Group?
9970 Job Description - Hybrid
The Property Accountant will report to the Accounting Manager and work closely with other investment team members with respect to the financial, accounting, and tax compliance operations of the development properties.
POSITION ESSENTIAL FUNCTIONS :
- Prepare and maintain financial records for multiple development properties, including general ledger review, monthly journal entries, balance sheet reconciliations.
- Prepare monthly development draws including gathering invoices and applicable lien waivers, recording and submitting monthly packages for funding, and ensuring the payment of all applicable vendors.
- Facilitate and monitor the annual audit to ensure accuracy and compliance with financial regulations.
- Review and abstract joint venture, development, and loan agreements to understand projects and their respective requirements.
- Review and / or prepare bank reconciliations each month for all bank accounts assigned.
- Provide support during property acquisitions and sales, including preparing the acquisition and disposition entries for project sales.
- Collaborate with the development team to ensure the completeness and accuracy of financial records and transactions.
- Communicate effectively with clients, external auditors, tax preparers, and team members, as required.
- Submit timely monthly financial packages to the Accounting Manager and Developer.
- Perform various ad hoc tasks and projects as assigned.
POSITION REQUIREMENTS :
