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3 Property Accountant Jobs in Salt Lake, UT

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Cottonwood Residential
Salt Lake, UT | Full Time
$56k-68k (estimate)
6 Months Ago
Wenlock Talent
Salt Lake, UT | Full Time
$81k-103k (estimate)
3 Weeks Ago
Hines
Salt Lake, UT | Other
$77k-100k (estimate)
3 Months Ago
Property Accountant
$56k-68k (estimate)
Full Time 6 Months Ago
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Cottonwood Residential is Hiring a Property Accountant Near Salt Lake, UT

Property Accountant needed at Cottonwood Residential!

Position is remote.

Job Summary

The primary purpose of this position is to maintain accurate financial records for multiple company-owned and managed multi-family residential properties. The Property Accountant is responsible for preparing monthly financial statements timely and accurately in accordance with the accounting policies and procedures. Other daily/weekly responsibilities include processing of mortgage payments, owner distributions, vendor payments and any other financially related items for their assigned properties. The applicant will be able to conduct themselves in a professional and friendly manner and be a proactive, self-starter with the ability to work remotely and under minimal supervision. It is important to exercise good judgment, prioritize tasks to operate effectively in a fast-paced environment, exhibit a high degree of flexibility, and to build strong relationships with other departments to accomplish tasks and achieve goals.

Essential Duties & Responsibilities:

  • Prepare and provide financial statements, bank reconciliations, and other accounting reports which have significant influence on the financial results of the Company.
  • Month-end closing.
  • Process and post mortgage payments.
  • Monthly reconciliation of GL accounts.
  • Post monthly accruals and reclassifications.
  • Process and post monthly investor distributions.
  • Process Resident refunds.
  • Process vendor payments.
  • Submit capital expense reimbursement requests to the lender.
  • Submit yearly budgets and quarterly reporting to the lender.
  • Yearly tax reporting for investors.
  • Provide support to the Community Managers and Regional Managers for assigned properties.
  • Assist with other duties as needed.

Additional Skills & Competencies:

  • Ability to read, understand, and analyze financial statements.
  • Proficiency in the MS Office suite, especially Outlook and Excel.
  • Flexibility and ability to work under tight deadlines.
  • Experienced in problem solving, and able to follow a methodical implementation process.
  • Ability to exercise poise, tactfulness, diplomacy, and good interpersonal skills to handle sensitive and confidential situations.

Education

  • Associates Degree in Accounting

Experience

  • Minimum of 4 years’ experience in applied accounting, preferably property accounting.
  • Entrata experience is preferred.

Physical Requirements:

  • Constant need to remain in a sitting position for most of one’s scheduled workday.
  • Constant need for visual acuity in small detail, beyond arm’s reach, peripheral, depth perception, and the ability to adjust focus. 
  • Constant need for talking and hearing to communicate with associates.
  • Constant need to simultaneously use hand, wrist, and fingers to operate standard office equipment.

Job Summary

JOB TYPE

Full Time

SALARY

$56k-68k (estimate)

POST DATE

10/02/2022

EXPIRATION DATE

06/07/2023

WEBSITE

cottonwoodres.com

HEADQUARTERS

Salt Lake City, UT

SIZE

200 - 500

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The job skills required for Property Accountant include Accounting, Financial Statements, Problem Solving, Bank Reconciliation, etc. Having related job skills and expertise will give you an advantage when applying to be a Property Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Property Accountant. Select any job title you are interested in and start to search job requirements.

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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
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