Property Accountant
Creative Financial Staffing, Denver, CO, United States
Property Accountant
The Property Accountant will assist the Accounting Team by focusing on daily accounting responsibilities by playing a key role in managing Accounts Receivable, Accounts Payable, and Job Cost. This position will also perform essential reconciliations for the completion of financial statements and will partner on the execution of compliance requirements. A successful candidate will work collaboratively, focus on attention to detail, and demonstrate comfort with change.
KEY ACCOUNTABILITIES AND RESPONSIBILITIES
Compliance and Reporting
- Collaborate with Operations monthly to review financial statements, accruals, reclasses and budget variances.
- Prepare bank reconciliations and journal entries monthly in accordance with month-end close calendar dates.
- Review general ledger for errors, missed expenses, reclasses, etc.
- Review financials for adherence to accounting and capitalization policies.
- Assist in the completion of the monthly, quarterly, and annual close process of multiple properties to meet reporting deadlines to financial partners including bank statement and sub-ledger reconciliation, P&L review, and NOI schedule.
- Partner on completion of compliance requirements.
- Review of journal entries
- Prepare annual periodic reporting, annual unclaimed property reporting, use tax reporting, and occupational privilege tax reporting.
- Assist with document support needed for financial statements and operational audits.
- Reconcile intercompany balances.
- Prepare documentation as required by lenders.
Accounts Receivable
- Resident receivables:
- Review and approve move-out statements
- Manage resident ledger adjustments as needed by on-site teams
- Record write-offs related to ERAP
- Work with collection agencies to research outstanding collections and balances
Accounts Payable
- Review payables for proper coding before committing for payment.
- Monitor property cash positions to ensure adequate coverage for check runs, debt payments, etc.
- Prepare utility cost analysis and record accruals
- Reconcile payment for unclaimed property
- Assist with debt payment journal entries.
- Review and prepare monthly accruals and re-classes requested by onsite teams.
- Assist with year-end 1099 forms.
Insurance Claims
- Assist with field incident reports
- Liaison with insurance agency on claims
- Account for costs and deductibles
Will assist with other duties as assigned.
SKILLS AND QUALIFICATIONS
Personal Competencies
- Organized and detail-oriented
- Strong math and analytical skills
- Ability to work independently in a collaborative team environment
- Strong written and verbal communication skills
- Ability to multi-task, manage complex assignments, and meet deadlines
- Flexible and open to change
- Ability to communicate and work with cross-functional teams and all levels in the organization
- Approachable personality that contributes to an enjoyable work environment
Physical Requirements
- Physical requirements are minimal
- Ability to work at a desk in front of a computer for extended periods of time
Required Education
- Bachelor's Degree in Accounting or a related field
Desired Work Experience
- 2-4 years of accounting experience or the equivalent combination of education and experience
- Experience in real estate preferred
- Yardi experience preferred
- Nexus experience preferred
- Proficiency in Microsoft Office Suite (Excel, Word, Outlook, SharePoint)