4 Property Accountant Jobs in Minnetonka, MN
KO Storage is Hiring a Property Accountant Near Minnetonka, MN
Description
Property Accountant
The property accountant will be responsible for the day-to-day accounting functions required to produce monthly financial statements for properties owned by KO Management, investment funds, and other joint venture structures. Accuracy and timeliness in the completion of the workload is imperative. This property accountant will be detailed, self-motivated, thorough and will bring a team-focused and positive attitude with them to work every day.
REPORTS TO: Senior Property Accountant
WORK LOCATION: KO Headquarters – In Office Only
HOURS: Salaried, M - F
What you will be doing:
Financial Reporting
- Prepare monthly, quarterly, and year-end financial statements and reporting packages with required supporting documentation
- Prepare monthly financial statement analysis according to GAAP with variance reporting
- Analyze Balance Sheet and Income Statement for each property to ensure accuracy
- Assist in the annual audit and tax return preparation
- Assist management with special projects and other tasks as assigned
- Reconcile debt on a monthly cadence
- Perform other ad hoc month end close responsibilities
Accounts Receivable
- Process monthly tenant billings and apply to tenant accounts
- Process cash receipts and prepare bank deposits
Accounts Payable
- Process payable invoices: review, code and acquire proper approvals
- Record electronic payments
- Prepare and maintain monthly journal entries including reclasses, recurring entries, and other transactions
Who we are looking for:
- Fundamental knowledge of general financial accounting and or bookkeeping
- Proficient in billing management
- Ability to perform administrative work
- Understanding of and ability to adhere to generally accepted accounting principles
- Proficient with accounting software
- Maintains open communication with accounting team and project managers
- Has a “can do,” productive, self-motivated attitude
- Demonstrates initiative and suggests improved processes
- Exceptional organizational skills and attention to detail
- Excellent written and verbal communication skills
- Proficient in Microsoft Office Suite or similar software
- Associates degree or above in Accounting, Finance or related field or in lieu of education, 2 years of experience in Accounting, Finance or related field
PHYSICAL DEMANDS
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
Job Summary
Full Time
Logistics Services
$71k-86k (estimate)
06/11/2022
07/09/2024
kostorage.com
WILTON, MN
25 - 50
2016
DONALD EICHSTADT
<$5M
Logistics Services
Related Companies
The job skills required for Property Accountant include Accounting, Accounts Payable, Financial Statements, Accounts Receivable, Financial Reporting, Microsoft Office, 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.
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.
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