What are the responsibilities and job description for the Sr. Property Accountant position at Vernovis?
Job Title: Sr. Property Accountant
Location: Cincinnati OH (Hybrid)
Who We Are:
Vernovis is a Total Talent Solutions company that specializes in Technology, Cybersecurity, Finance & Accounting functions. At Vernovis, we help these professionals achieve their career goals, matching them with innovative projects and dynamic direct hire opportunities in Ohio and across the Midwest.
Come join us:
Vernovis is looking for a Sr. Property Accountant who will play a key role in supporting our clients accounting and asset management teams by ensuring accurate and timely financial reporting for a large portfolio of assets managed by the company. Ideal will
What You'll Do:
Vernovis does not accept inquiries from Corp to Corp recruiting companies. Applicants must be currently authorized to work in the United States on a full-time basis Vernovis offers Health, Dental, Vision, Voluntary Short & Long -Term Disability, Voluntary Life Insurance, and 401K.
Vernovis does not accept inquiries from Corp to Corp recruiting companies. Applicants must be currently authorized to work in the United States on a full-time basis and not violate any immigration or discrimination laws.
Vernovis provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from and its affiliates, and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy at https://vernovis.com/privacy-policy-2/.
Location: Cincinnati OH (Hybrid)
Who We Are:
Vernovis is a Total Talent Solutions company that specializes in Technology, Cybersecurity, Finance & Accounting functions. At Vernovis, we help these professionals achieve their career goals, matching them with innovative projects and dynamic direct hire opportunities in Ohio and across the Midwest.
Come join us:
Vernovis is looking for a Sr. Property Accountant who will play a key role in supporting our clients accounting and asset management teams by ensuring accurate and timely financial reporting for a large portfolio of assets managed by the company. Ideal will
What You'll Do:
- Prepare and review monthly, quarterly, and annual financial statements for multiple properties in accordance with accounting basis (GAAP, Tax) and company policies.
- Demonstrate ultimate ownership for all financial aspects of assets assigned.
- Maintain and review property-level general ledgers, including recording journal entries, accruals, and adjustments as necessary.
- Serve as point of contact asset management team for financial information and support.
- Prepare & review balance sheets, income statements & cash flows to ensure accuracy and provide variance analysis for multiple assets.
- Review annual operating budgets and forecasts for assigned properties via close collaboration with the asset management team.
- Review monthly financial reporting and cash flow forecasts against the annual budget and present financial highlights and variance analysis to leadership team.
- Monitor tenant accounts receivable and accounts payable for accuracy and timeliness. Ensure all transactions are recorded correctly.
- Analyze property financial performance, variance analysis against budget/forecast, and provide explanations for variances.
- Lead and support year end GAAP audits for select legal entities.
- Oversee CAM (Common Area Maintenance) reconciliations, ensuring that expenses are accurately allocated to tenants and reconciled against lease agreements.
- Maintain timely & accurate reconciliations (bank and balance sheet reconciliations).
- Lead preparation and analysis for property tax appeals, ensuring compliance with local tax regulations and optimizing property tax expenses.
- Calculate, review and process fee expenses (development fees, asset management fees, management fees, etc.) to respective recipient(s).
- Perform and review accounting and respective reporting for equity fund(s) on a quarterly basis.
- Recognize and implement process improvements and efficiencies.
- Meet Accounting Department calendar deadlines.
- 3 years of property or real estate experience preferred.
- Bachelor’s degree required in Accounting, Finance, or related field.
- Proven ability to use technology to improve process and task efficiency – experience in Yardi is valued.
- Proficient in Microsoft Office suite with strong Excel skills required.
- Foundational understanding of US Generally Accepted Accounting Principles (US GAAP).
- Demonstrated ability to communicate effectively and to work in a highly collaborative environment with individuals of diverse backgrounds and at all organizational levels.
- Ability to organize, prioritize and manage multiple priorities while being detail oriented.
- Ability to manage change and adapt to changing processes and procedures.
- Demonstrated initiative to continue to learn and broaden accounting and industry knowledge.
Vernovis does not accept inquiries from Corp to Corp recruiting companies. Applicants must be currently authorized to work in the United States on a full-time basis Vernovis offers Health, Dental, Vision, Voluntary Short & Long -Term Disability, Voluntary Life Insurance, and 401K.
Vernovis does not accept inquiries from Corp to Corp recruiting companies. Applicants must be currently authorized to work in the United States on a full-time basis and not violate any immigration or discrimination laws.
Vernovis provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from and its affiliates, and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy at https://vernovis.com/privacy-policy-2/.