What are the responsibilities and job description for the Property Accountant position at MD Squared Property Group, LLC?
About MD Squared:
MD Squared Property Group is a leader in providing top tier property management services, specializing in managing both rental and condominium buildings throughout New York.We pride ourselves on our hands-on, responsive approach and our commitment to building strong relationships with clients and tenants. Challenging the status quo of how we manage properties includes changing the way we hire and develop our managers and staff.
Property Accountant
We are seeking an experienced Property Accountant with 3-5 years of relevant accounting experience to join our dynamic team. The ideal candidate will have expertise in overseeing a portfolio of entities consisting of condominiums, cooperatives, and rental properties.
Responsibilities
- Responsible for general ledger accounting for condo/coop and rental buildings ensuring that gl classifications are accurate and gl balances tie to monthly reconciliations/workpapers.
- Responsible for cash management and oversight/payments of critical payments, including but not limited to, mortgage payments, real estate taxes, utilities, and insurance.
- Reconciliation of bank balances throughout the month.
- Preparation of monthly financial statements (both cash and accrual) and other ad hoc reports as requested.
- Preparation of the annual budgets.
- Interaction with the accounts payable and receivables teams to ensure accuracy and timeliness of recording, collections and payments.
- Communication with owners, board, lender and other third party as needed related to financial inquiries.
- Collaborate with auditors during annual audits and assist with audit preparations.
- Support accounting and management team members.
- Experienced in transitioning in new entities.
- Other related accounting projects as needed.
Qualifications
- Bachelor’s degree in Accounting or relevant experience in the industry will be considered in lieu of a bachelor’s degree with at least 3-5 years experience
- Strong understanding of accounting principles
- Proficient in Excel
- Strong organizational, analytical, and detail-oriented skills.
- Excellent communication skills, with the ability to present complex financial information clearly.
- Able to juggle multiple deadlines and work under pressure.
- Experience with real estate management software. Yardi and AppFolio property management software preferred.
What we offer:
As a full time team member, you will have access to full comprehensive
benefits, including but not limited to, health, dental, vision, life and disability
plans. You will also be eligible for paid vacation, 11 paid federal holidays, a retirement
contribution with a company match and other employee related discounts for
Services.
Compensation range is based on relevant prior experience.
Salary : $80,000 - $100,000