What are the responsibilities and job description for the Property Accountant position at Spinoso Real Estate Group?
Job Title: Property Accountant
Department: Property Accounting
Reports To: Supervisor of Property Accounting
Classification: Exempt, Full Time
Location: Onsite (North 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 & Responsibilities
- Responsible for financial operations and reporting for selected properties
- Coordinate with on-site Office Coordinator and provide training, guidance, development, and problem solving
- Monitor Accounts Payable process and review batches to ensure prompt payment and appropriate cash management
- Review accounting and financial reports, journal entries, and related information in order to prepare monthly financial reporting for the Client
- Create and complete closing entries
- 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
- Calculate and process Client distributions
Provide superior client service
- Maintain Client confidence and protect operations by keeping financial information confidential
- 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
- 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
- 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
- Document such checklists, templates, calendars, processes and internal controls to build Property Accounting procedures manuals, as needed
- Assist management with prorations or other activities for Client’s financing or sales activities, as necessary
- Perform other duties as required
Education & Experience Requirements
- Bachelor of Science in Accounting or related field
- One year of experience in a related field
Knowledge & Skills Requirements
- Adept with technology, especially Microsoft Excel; familiarity with real estate accounting software and /or Yardi experience a plus
- Excellent communication skills
- Demonstrated critical thinking and problem-solving skills
- Able to manage multiple projects and priorities
- Ability to manage time and be effective working from remote locations and/or home office
Physical Demands
The following are the physical requirements required to be performed with or without reasonable accommodations.
- This role is primarily office-based, with most tasks being performed on a computer
- The role is generally sedentary, involving extended periods of sitting or standing, but may involve some light physical activity such as lifting files or setting up equipment
- The job requires sufficient manual dexterity for typing and operating office equipment
- The job requires sufficient visual acuity to read data on a computer screen or printed documents
- The job requires speech and hearing sufficient for phone, radio, or face-to-face communication
- Ability to lift 20 pounds and occasionally up to 40 pounds
- Ability to operate a passenger vehicle
Disclaimer: This job description is not all inclusive. Other duties and responsibilities may be required.
EEO Statement: Spinoso Real Estate Group is an equal opportunity employer and is committed to providing a work environment that is free from discrimination and harassment. We value diversity and inclusion and believe that a diverse workforce enhances our ability to provide innovative solutions to our customers. We comply with the Americans with Disabilities Act (ADA) and will provide reasonable accommodations for qualified individuals with disabilities throughout the recruitment process. If you require accommodations for any part of the application and hiring process, please notify the Human Resources Department at abinaxas@spinosoreg.com. Reasonable accommodations will be determined on a case-by-case basis. It is the responsibility of the applicant to inform Spinoso Real Estate Group of any necessary accommodations needed during the recruitment process. Spinoso Real Estate Group will work with the applicant to assess the specific requirements and provide reasonable accommodations accordingly. Spinoso Real Estate Group is committed to ensuring that our workplace is accessible to individuals with disabilities. If you need assistance or an accommodation to perform the essential functions of the job, please let us know.