Property Accountant

Job Type

Full-time

Description

JOB SUMMARY :

Responsible for managing financial records, ensuring compliance with accounting standards, and providing insightful financial analysis to support our operations. Collaborate closely with various departments to enhance financial performance and drive strategic decision-making to ensuring a smooth operation, increased efficiency, quality, process streamlining while modeling the organizational purpose, values, and standards consistently.

ESSENTIAL FUNCTIONS

Duties / Responsibilities :

• Perform all duties with respect to Company's Purpose, Values, Standards & Core Competencies.
• Organizes and works with vendors to keep projects moving forward to meet agreed upon deadlines while staying on budget.
• Assist in the preparation of monthly financial statements and reports for various real estate properties
• Support the reconciliation of bank statements and general ledger accounts
• Help maintain accurate records of property financial transactions and ensure all entries are properly documented
• Participate in the budgeting and forecasting processes, providing input based on historical data trends
• Collaborate with senior accountants to ensure compliance with accounting policies and procedures
• Assist in the preparation for audits and other financial reviews
• Maintain financial records for a portfolio of properties
• Perform the month-end close - includes complex bank reconciliations, account reconciliation, recording journal entries, and analysis of variances compared to budget / prior year.
• Review vendor invoices for accuracy (vendor ID, invoice #, dollar amount, accounting period, property and account codes) and approve for payment. Process vendor invoices for payment based on due date and available cash flow.
• Assist with the preparation and review of annual budgets, as well as multiyear projections.
• Prepare year-end financials and supporting schedules for an outside CPA firm. Review and post yearend tax adjustments, discuss any usual entries and reconcile to provided balance sheet.
• Review cash flow for any irregular activity or cash needs. Make transfers between accounts as needed. Help with cash projections and planning.
• Prepare CAM reconciliations on an annual basis and communicate overages / shortages to tenants. Review leases to ensure that correct accounts are being included in the reconciliation.
• Prepare and review tenant invoices and monthly rent increase letters for commercial tenants.
• Prepare, record and file monthly sales tax reporting.
• Answer accounting and financial questions by researching and interpreting data for both internal and external customers, as needed.
• Assist with developing and implementing accounting procedures by analyzing current procedures and recommending changes.
• Account for construction projects using the Job Cost module of Yardi.
• Be a resource to other team members for accounting / property management software questions.
• Assist in compliance with loan documents by making sure reports are sent out in a timely manner.

Requirements

Required Knowledge / Skills / Abilities :

CORE COMPETENCIES

EDUCATION and EXPERIENCE

PHYSICAL REQUIREMENTS

The physical demands described here are representative of those that must be met by a team member to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable those with a disability to perform the essential functions.

Primarily sedentary work.

Exerting up to 10 pounds of force occasionally and / or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects.

Repetitive motion. Substantial movements (motions) of the wrists, hands, and / or fingers.

Close visual acuity to perform an activity such as : preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the team member for this position. Duties, responsibilities, and activities may change at any time with or without notice.

EQUAL OPPORTUNITY EMPLOYER

Monte Christo Communities provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Salary Description

$68,640-80,000