What are the responsibilities and job description for the Property Accountant Senior, Corporate, FT, Day position at Prisma Health?
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Job Summary
The Senior Property Accountant, housed within the Accounting Department, is responsible for recording, reviewing, and evaluating the financial transactions for a portfolio of healthcare properties encompassing the full spectrum of transaction processing, general ledger analysis, external financial reporting, annual audit preparation, and management reports. Working with Facilities Development and Treasury, the Senior Property Accountant will be responsible for updating and documenting accounting procedures to ensure accuracy, consistency and compliance throughout the entire portfolio which is composed of both owned and leased properties.
Accountabilities
This is a non-management job that will report to a supervisor, manager, director or executive.
Minimum Requirements
In Lieu of the education and experience requirements noted above, the following combination of education, training and/or experience will be considered an equivalent substitution: Masters degree in Business, Finance, or Accounting, or Real Estate, and 3 years experience as listed above.
Knowledge, Skills Or Abilities
Day (United States of America)
Location
Prisma Health Corporate Office
Facility
7001 Corporate
Department
70019004 Accounting
Share your talent with us! Our vision is simple: to transform healthcare for the benefits of the communities we serve. The transformation of healthcare requires talented individuals in every role here at Prisma Health.
Job Summary
The Senior Property Accountant, housed within the Accounting Department, is responsible for recording, reviewing, and evaluating the financial transactions for a portfolio of healthcare properties encompassing the full spectrum of transaction processing, general ledger analysis, external financial reporting, annual audit preparation, and management reports. Working with Facilities Development and Treasury, the Senior Property Accountant will be responsible for updating and documenting accounting procedures to ensure accuracy, consistency and compliance throughout the entire portfolio which is composed of both owned and leased properties.
Accountabilities
- Record all monthly rent and opex payments. Perform all monthly account reconciliations and update supporting analytical schedules on a timely basis. - 20%
- Record internal/imputed rents based on property allocations. – 20%
- Produce monthly lease accounting entries in compliance with ASC 842. - 15%
- Create and maintain recurring payables and journal entries for each property as needed. – 10%
- Process non-standard or non-recurring payables and journal entries as necessary. – 5%
- Ensure timely payment of annual real estate taxes for all leased properties. - 5%
- Partner with Facilities Development and Treasury in preparation of periodic and ad hoc reporting requests from leadership. - 5%
- Prepare annual lease disclosure for financial statement. Field audit requests and answer audit questions related to the real estate portfolio and specific leases . 5%
- Support annual budget preparation in conjunction with Facilities Development and Treasury. - 10%
- Document and update real estate accounting procedures and processes. Identify process improvement opportunities to be evaluated. - 5%
This is a non-management job that will report to a supervisor, manager, director or executive.
Minimum Requirements
- Bachelor's Degree- Finance, Accounting, Business, or Real Estate
- 5 years- Property and Lease Accounting
In Lieu of the education and experience requirements noted above, the following combination of education, training and/or experience will be considered an equivalent substitution: Masters degree in Business, Finance, or Accounting, or Real Estate, and 3 years experience as listed above.
Knowledge, Skills Or Abilities
- Excellent communication and inter-personal skills.
- Strong accounting and financial analysis experience; excel proficiency; knowledge of real estate concepts; knowledge of ASC 842 Lease Accounting compliance.
- Commercial Lease familiarity/ Healthcare accounting experience. - Preferred
- Experience with Real Estate Accounting Software such as Yardi or MRI. - Preferred
- Basic computer skills
- Proficient computer skills (word processing, spreadsheets, database)
- Mathematical skills
- Advanced PowerPoint and Excel skills
Day (United States of America)
Location
Prisma Health Corporate Office
Facility
7001 Corporate
Department
70019004 Accounting
Share your talent with us! Our vision is simple: to transform healthcare for the benefits of the communities we serve. The transformation of healthcare requires talented individuals in every role here at Prisma Health.