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INH Properties
Waite, MN | Full Time
$61k-75k (estimate)
1 Month Ago
INH Property Management
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Illies Nohava Property Management
Waite, MN | Full Time
$108k-138k (estimate)
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INH Properties
Waite, MN | Full Time
$108k-138k (estimate)
3 Weeks Ago
Property Accountant
$61k-75k (estimate)
Full Time 1 Month Ago
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INH Properties is Hiring a Property Accountant Near Waite, MN

Property Accountant

Who We Are:

INH Properties is a rapidly growing full-service real estate company that excels in property management and real estate development for multifamily apartment communities. INH Properties has been in business for over 40 years and currently manages 7,500 units across Minnesota and Iowa.

What We're Looking For:

INH Property Management is seeking a talented accountant to join our team and drive their ongoing growth. We are looking for someone eager to learn and grow with our company. As a property accountant, you'll play a pivotal role in ensuring accurate reporting for the properties we manage. Your responsibilities will primarily involve managing the Accounts Payable operations and overseeing the financial reporting for a designated portfolio of properties.

Job Responsibilities:

  • Financial Reporting and Payments: Prepare the month end closing tasks and review financial statements. Including but not limited to Bank Reconciliation, Gross Potential Rent adjustments, accrual journal entries, and ledger review, etc.
  • Accounts Receivable Management: Analyze the accounts receivable report for affordable housing to identify and correct any discrepancies. Adjust resident ledgers using the affordable housing tax credit function as necessary.
  • Invoice Processing: Manage the weekly review of the Invoice dashboard to address any invoice returns or process origination invoices. Daily tasks include sorting, scanning, and uploading invoices into our accounting software.
  • Payables Workflow: Process approved payables, ensuring all invoices are paid on time using various payment methods (Checks/EFT/Credit Cards through Bill Pay). Communicate any funding shortages to the property manager.
  • Portfolio Accounting: Maintain accurate tenant ledgers, respond to property accounting inquiries about expense variances, and manage tenant communications, including ledger queries and payment processing.
  • Tenant Ledger Inquiries & Payments: Process tenant ledger changes submitted by onsite INH staff and take rent payments over the phone.

Who We Are Looking For (Ideal Candidate):

  • Education: Associate or Bachelor’s degree in Accounting.
  • Skills: Proficient in Microsoft Office 365.
  • Work Environment: Capable of thriving in a fast-paced setting while maintaining meticulous attention to detail.
  • Disposition: Possesses a positive attitude and is receptive to feedback, essential for ongoing personal and professional development.
  • Analytical Abilities: Comfortable with numbers and adept at problem-solving.
  • Initiative: Self-motivated and intellectually curious, with the ability to independently pursue projects.
  • Confidentiality: Demonstrates a steadfast commitment to maintaining the highest standards of confidentiality.

Working Conditions:

  • Currently onsite in Waite Park, MN (not fully remote)
  • Hourly, with expectation to work approximately 40 hours/week.
  • Pay range $50,000 - $70,000, depending on experience.

Benefits & Perks:

Our full-time employees are eligible for these benefits and perks:

  • Medical, dental, and vision insurance including HSA
  • Competitive PTO and Paid Holidays
  • 401k Match
  • Employer Paid Basic Life Insurance
  • Employer Paid Long-Term Disability
  • Voluntary Life, AD&D, and Short-Term Disability insurance

INH Property Management is an Equal Opportunity Employer and consider applicants for employment without regard to race, color, religion, sex, orientation, national origin, age, disability, genetics, or any other basis forbidden under federal, provincial, or local law.

Job Summary

JOB TYPE

Full Time

SALARY

$61k-75k (estimate)

POST DATE

05/07/2023

EXPIRATION DATE

11/26/2024

WEBSITE

inhproperties.com

HEADQUARTERS

PINE ISLAND, MN

SIZE

500 - 1,000

FOUNDED

1981

TYPE

Private

REVENUE

$10M - $50M

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The following is the career advancement route for Property Accountant positions, which can be used as a reference in future career path planning. As a Property Accountant, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Property Accountant. You can explore the career advancement for a Property Accountant below and select your interested title to get hiring information.

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If you are interested in becoming a Property Accountant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Property Accountant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Property Accountant job description and responsibilities

Property accountants prepare, maintain, and review financial records, commercial property agreements, residential property agreements, and deal with some rentals.

04/12/2022: San Antonio, TX

Most property accountants maintain ledgers of accruals and expenditures that document debits and credits during monthly, quarterly and yearly periods.

03/10/2022: Springfield, MA

A property accountant for a hotel chain might also produce profit and loss reports during the same periods.

02/24/2022: Longview, TX

Administer all lease processes and evaluate all activities and prepare required reports for same and ensure accuracy of all data tenant ledgers and coordinate with property manager and evaluate all reports on monthly basis.

01/25/2022: Tulsa, OK

Property accountants are responsible for the daily accounting operations on public properties.

03/27/2022: Bakersfield, CA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Property Accountant jobs

Often, property accountants who manage apartment building finances submit applicants' credit applications to credit bureaus and analyze reports to determine the creditworthiness of the applicants.

03/18/2022: Providence, RI

Some property accountants oversee the finances of maintenance and repair expenditures.

03/17/2022: Raleigh, NC

Some property accountants oversee the sale of properties, working with commercial real estate agents and performing mortgage-closing duties.

03/13/2022: Somerset, NJ

Property accountants complete general ledger entries and manage cash balances.

02/26/2022: Springfield, IL

Property accountants assist with the preparation of documents for annual audits and tax filing processes.

01/23/2022: Portsmouth, OH

Step 3: View the best colleges and universities for Property Accountant.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College