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Property Accountant - Commercial Real Estate
$65k-83k (estimate)
Full Time
1 Week Ago
Merit Commercial Real Estate is Hiring a Property Accountant - Commercial Real Estate Near San Antonio, TX
Position Summary:
The Property Accountant will be responsible for various accounting tasks, ensuring accurate financial reporting, and providing support to the property management and finance teams.
Key Performance Outcomes:
The Property Accountant will be responsible for various accounting tasks, ensuring accurate financial reporting, and providing support to the property management and finance teams.
Key Performance Outcomes:
- Reconcile all accounts across all entities within ten (10) days of month end
- Achieve a 100% on-time completion rate for financial reporting
- Maintain journal entry accuracy rate of 99% or higher
- Maintain account reconciliation accuracy rate of 99% or higher
- Record and pay all commissions in the same month received with an accuracy rate of 99% or higher
- General Accounting:
- Prepare and maintain accurate financial records for multiple entities within the company
- Perform month-end close procedures, including journal entries, account reconciliations, and financial statement analysis
- Assist in the preparation of financial reports, budgets, and forecasts
- Monitor and analyze general ledger accounts to ensure accuracy and completeness of transactions
- Collaborate with other departments to gather necessary financial data and resolve discrepancies
- Property Accounting:
- Assist Property Manager is property-level accounting activities, such as rent roll analysis, lease administration, and tenant billing
- Assist Property Manager as needed to reconcile property-level accounts, including bank accounts, security deposits, and accounts receivable/payable
- Assist in the preparation of CAM (Common Area Maintenance) reconciliations and property tax assessments
- Maintain accurate records of property-related financial transactions and ensure compliance with lease agreements
- Multi-entity Accounting:
- Coordinate and consolidate financial information from multiple entities within the company
- Assist in the preparation of intercompany transactions and reconciliations
- Ensure compliance with regulatory requirements and accounting standards across all entities
- Support the preparation of consolidated financial statements, as needed
- Associate's degree in Accounting, Finance, or related field.
- CPA certification or progress towards certification is preferred.
- 3-5 years of relevant accounting experience, preferably in the commercial real estate industry.
- Strong knowledge of accounting principles and practices, including construction and property accounting.
- Experience with multi-entity accounting is highly desirable.
- Proficiency in using accounting software (Yardi experience preferred)
- Proficiency in using Microsoft Office, particularly Microsoft Excel.
- Efficiency in work performance - ability to produce significant output with minimal wasted effort
- High attention to detail - does not let important details slip through the cracks
- Excellent organizational skills - plans and organizes in an efficient and productive manner and has the ability to prioritize well
- Teamwork - reaches out to peers and cooperates with supervisors to establish an overall collaborative working relationship
- Strong communication skills - ability to speak and write clearly and articulately in all forms of communication
- Proactivity - acts without being told what to do after assignment is received and brings new ideas to the company.
Job Summary
JOB TYPE
Full Time
SALARY
$65k-83k (estimate)
POST DATE
05/01/2024
EXPIRATION DATE
05/20/2024
WEBSITE
meritcre.com
HEADQUARTERS
Lake Zurich, IL
SIZE
<25
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