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1 Property Accountant Job in Syracuse, NY

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Spinoso Real Estate Gro
Syracuse, NY | Full Time
$70k-88k (estimate)
1 Month Ago
Property Accountant
$70k-88k (estimate)
Full Time 1 Month Ago
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Spinoso Real Estate Gro is Hiring a Property Accountant Near Syracuse, NY

Summary

The Property Accountant reports to the Supervisor of Property Accounting and is responsible for financial operations and reporting for assigned properties; coordinating with on-site staff and providing training, guidance, development, and problem solving on a daily basis; monitoring the Accounts Payable process and reviewing batches to ensure prompt payment and appropriate cash management; collaborating with Property Management, Leasing, Specialty Leasing and the on-site management team to produce annual budgets and forecasts.

Essential Duties and Responsibilities

  • Responsible for financial operations and reporting for selected properties
  1. Coordinate with on-site Office Coordinator and provide training, guidance, development, and problem solving
  2. Monitor Accounts Payable process and review batches to ensure prompt payment and appropriate cash management
  3. Review accounting and financial reports, journal entries, and related information in order to prepare monthly financial reporting for the Client 
  4. Create and complete closing entries 
  5. Collaborate with Corporate Accounting, Property Accounting, Property Management, Leasing, Specialty Leasing and the on-site management team to produce annual budgets and forecasts, with particular focus on corporate allocations, management and leasing fees, capital schedules, depreciation and amortization as well as Yardi support
  6. Calculate and process Client distributions
  • Provide superior client service
  1. Maintain Client confidence and protect operations by keeping financial information confidential
  2. Be familiar with terms of the Management and Leasing Agreements for each Client (assigned properties) to ensure that accounting and reporting requirements are fulfilled accurately and timely, including transition activities for new business or terminated assignments 
  3. Positively and proactively collaborate with everyone in the company in any way needed to further the leasing and marketing of mall properties to achieve, sell, and provide world-class service to all our constituents
  • Perform other duties as required
    • Work with Supervisor of Property Accounting to review, evaluate, create and implement accounting processes and procedures company-wide, focusing on collaboration, ease of use, best practices and continuous improvement
  1. Collaborate with other Property Accountants to create, design, and implement checklists, templates, calendars, processes and internal controls to ensure accurate financial reporting and to create efficiencies and ease of work for property accounting, lease administration and treasury functions
  2. Document such checklists, templates, calendars, processes and internal controls to build Property Accounting procedures manuals, as needed
  3. Assist management with prorations or other activities for Client’s financing or sales activities, as necessary
  4. Perform other duties as required

Qualification Requirements

Education and/or Experience

  • Bachelor of Science in Accounting and one year of experience in related field

Knowledge/Skills

  • Adept with technology especially with Excel; familiarity with real estate accounting software, Yardi experience a plus
  • Excellent communication skills demonstrated critical thinking and problem-solving 
  • Able to manage multiple projects and priorities and able to manage time and be effective working from remote locations and/or home office

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Use of computer screens and keyboards
  • Operation of a passenger vehicle
  • Occasional and sometimes overnight air travel
  • Manual dexterity sufficient for constant use of a keyboard, mouse and telephone/radio
  • Ability to operate office equipment, including a copier, fax machine, postage machine, etc.
  • Ability to lift 20 pounds
  • Speech and hearing sufficient for regular communications on the phone, radio or face-to-face
  • Vision sufficient for reading work related documents on a monitor or in paper format
  • Sufficient sense of smell to detect dangerous odors
  • Ability to walk, bend, stoop, climb, and reach in the course of normal office functions
  • Ability to sit and stand for long periods of time

This job description is not all inclusive. Other duties and responsibilities may be required. In support of the Americans with Disabilities Act, this job description lists only those responsibilities and qualifications dee

Job Summary

JOB TYPE

Full Time

SALARY

$70k-88k (estimate)

POST DATE

03/12/2024

EXPIRATION DATE

05/11/2024

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The job skills required for Property Accountant include Accounting, Accounts Payable, Financial Reporting, Problem Solving, Internal Control, Accounting Software, 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.

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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