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2 Property Accountant (Partially Remote) Jobs in Rockville, MD

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Latitude
Rockville, MD | Full Time
$72k-89k (estimate)
3 Months Ago
Berman Management LLC
Rockville, MD | Full Time
$74k-90k (estimate)
4 Months Ago
Property Accountant (Partially Remote)
Latitude Rockville, MD
$72k-89k (estimate)
Full Time | Business Services 3 Months Ago
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Latitude is Hiring a Remote Property Accountant (Partially Remote)

This position allows remote work after training.
Salary: $70,000 - 90,000/year
Works with the Portfolio Controller in ensuring integrity of financial information for a portfolio of properties in compliance with generally accepted accounting principles (GAAP), company policy and contractual arrangements. Ensure internal controls are in place to mitigate risk of material misstatement of financial statements. This is accomplished by reconciliation, analysis and recordation of various tasks and identified internal control activities within the department. (Portfolio size approximately 25-35 buildings and/or 100 leases).
ESSENTIAL FUNCTIONS:
  • Perform assigned month-end close activities of assigned portfolio of properties. Propose and/or record monthly journal entries including rental revenue, CAM accrual and direct tenant billings; monthly operating expense contract accruals; and other operating expense accruals. Prepare required variance analysis comparing actual against budget and forecasts in current and prior periods. Ensure internal controls are being maintained.
  • Review of lease documents to ensure accurate billings and CAM cost pool set-up. Work with Portfolio Controller and Lease Administration to complete annual adjustment billings.
  • Work with Portfolio Controller to prepare and analyze budgets and forecasts.
  • Monitor and review pay invoices to ensure timely payment and recording as well as proper coding.
  • Work with the Portfolio Controller to maintain books and records for assigned properties. Prepare balance sheet account reconciliations for review by Portfolio Controller. Resolve outstanding items using judgment and discretion as appropriate.
  • Monitors tenant’s accounts for completeness and accuracy. Supports Accounts Receivable function in resolving questions/issues.
  • Participates in the due diligence process for acquisitions, dispositions or financing which requires an intense effort in a compressed time frame.
  • Participates in maintaining the internal controls and policies
  • Communicate any deficiencies in controls to Supervisor.
  • Other job-related duties as assigned.
QUALIFICATIONS:
  • Bachelor degree in Accounting or related field is required. For an internal applicant, if you are currently working towards a Bachelor Degree in Accounting, you will be considered. Completion of degree is expected within 18-24 months of entrance into position.
  • 2-4 years related accounting experience with increased responsibility and strong performance necessary. Will consider college graduate with internship experience.
  • CPA or CPA Candidate preferred.
  • PC proficiency to include but not limited to) Microsoft Office applications (Word, Excel, Outlook, etc.) and ability to learn company specific software. Ability to adapt to new or changing software programs. Familiarity with accounting systems such as Voyager required.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$72k-89k (estimate)

POST DATE

02/26/2024

EXPIRATION DATE

05/23/2024

WEBSITE

latitude-group.com

HEADQUARTERS

SAINT PAUL, MN

SIZE

50 - 100

FOUNDED

1997

TYPE

Private

CEO

MARIE MALANAPHY-SORG

REVENUE

$10M - $50M

INDUSTRY

Business Services

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Latitude
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The job skills required for Property Accountant (Partially Remote) include Accounting, CPA, Balance Sheet, Accounts Receivable, Microsoft Office, Account Reconciliation, etc. Having related job skills and expertise will give you an advantage when applying to be a Property Accountant (Partially Remote). 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 (Partially Remote). 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 (Partially Remote) positions, which can be used as a reference in future career path planning. As a Property Accountant (Partially Remote), 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 (Partially Remote). You can explore the career advancement for a Property Accountant (Partially Remote) below and select your interested title to get hiring information.

Berman Management LLC
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4 Months Ago

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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