1 Property Accountant Job in Franklin, TN
Healthpeak Properties, Inc. is Hiring a Property Accountant Near Franklin, TN
This position is primarily involved in all accounting aspects related to Healthpeak’s portfolio of properties. Responsible for providing timely and accurate reporting of day-to-day operations of respective properties, managing and executing the financial reporting, and tenant lease review for assigned properties. Responsibilities include but are not limited to:
- Prepare all aspects of the financial statement package, including creating and posting journal entries, general ledger review and completion of bank reconciliations and balance sheet support schedules.
- Ensure financial packages are completed and delivered in a timely and accurate manner to Property Management leadership and Property Managers.
- Coordinate month-end close and production of financial statements to guarantee timely reporting.
- Assist in the preparation of annual property budgets and analyze variances.
- Prepare audit schedules and respond to auditor requests during financial audits, SOX audits or any other audits.
- Interpret complex lease language.
- Prepare CAM reconciliations.
- Independently provide answers to financial questions from various departments.
- Monitor and maintain cash balances.
- Resolve all issues and document response to all review comments generated.
- Analyze variances in financial statements and provide explanations to management.
- Establish resolution plans for complex tenant issues, including researching and determining the best points of contact to collaborate on resolution.
- Review financials for errors/issues and determine what adjusting entries are needed.
- Review and approve cash receipt entries by the Accounts Receivables (AR) team and advise AR team on application adjustments.
- Identify and investigate potential AR exposures and determine which balances to escalate to management team and/or Property Management.
- Review and approve invoice coding from the AP team and determine the proper expense accounts and instruct adjustments as needed.
- Ensures all debt, real estate tax, and sales tax (where applicable) are made in a timely manner and internal schedules are maintained.
- Adhere to internal accounting policies and procedures.
- Independently manage and determine priority of outstanding tasks and research requests.
- Assist in the set up and transitions of properties which may include loading beginning balance information, sales pro-ratio calculations, and closing entries.
- Assumes additional responsibilities as requested.
- Hybrid work position with two in-office days per week (set days determined by local office).
- Bachelor’s degree in Accounting or directly related field required.
- 1-3 years of experience in an Accounting department.
- General understanding of GAAP.
- Leasing related experience a plus.
- Attention to detail and ability to effectively handle multiple tasks with minimum supervision.
- Trustworthy and preservers confidentiality.
- Excellent problem solving and critical thinking skills to develop solutions and recommendations.
- Excellent listening, oral and written communication skills.
- Ability to read and interpret information such as online research, instructions, contracts, and procedure manuals.
- Command of the fundamentals of accounting and math skills (addition, subtraction, multiplication, and division).
- Excellent time management skills with ability to reprioritize work.
- Ability to work independently and be a self-starter.
- Ability to work collaboratively within a team environment.
- Proficient knowledge of Microsoft applications (Excel, Word, Outlook, and PowerPoint).
Job Summary
Full Time
$59k-72k (estimate)
05/08/2024
08/02/2024
hcpi.com
DENVER, CO
200 - 500
1985
THOMAS M HERZOG
$1B - $3B
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About Healthpeak Properties, Inc.
HCP, an S&P 500 company, invests primarily in real estate serving the healthcare industry in the United States. We are a Maryland corporation organized in 1985 and qualify as a self-administered real estate investment trust. We are headquartered in Irvine, California, with offices in Nashville, Los Angeles and San Francisco. Our diverse portfolio is comprised of investments in the following healthcare segments: (i) senior housing, (ii) life science, (iii) medical office and (iv) hospital. HCP has one of the largest and most diversified portfolios of any healthcare REIT. Our revenues are derive...d from and are spread among the principal healthcare sectors, including senior housing, life science, medical office, and hospitals. High barrier to entry markets, favorable demographic trends, and solid real-estate fundamentals characterize our portfolio. For more information, go to www.hcpi.com.
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The job skills required for Property Accountant include Accounting, General Ledger, Financial Statements, Balance Sheet, Accounts Receivable, Financial Reporting, 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.
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.
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.
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Most property accountants maintain ledgers of accruals and expenditures that document debits and credits during monthly, quarterly and yearly periods.
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A property accountant for a hotel chain might also produce profit and loss reports during the same periods.
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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.
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Property accountants are responsible for the daily accounting operations on public properties.
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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.
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Some property accountants oversee the finances of maintenance and repair expenditures.
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Some property accountants oversee the sale of properties, working with commercial real estate agents and performing mortgage-closing duties.
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Property accountants complete general ledger entries and manage cash balances.
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Property accountants assist with the preparation of documents for annual audits and tax filing processes.
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Step 3: View the best colleges and universities for Property Accountant.
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