2 Jobs in Beachwood, OH
Chase Properties is Hiring a Property Accountant Near Beachwood, OH
Chase Properties: (www.chaseprop.com) Was founded in 1973 and maintains a focus on acquiring and managing community shopping centers along with properties in other asset classes.
Chase Properties has 50 years of exceptional market knowledge and experience. We secure the best available high-quality tenants in smaller markets, so that our investors and tenants can flourish. We're conservative yet innovative, while making sure that our investment is financially sound and positioned for long-term prosperity.
Job Description
SUMMARY: The Property Accountant is required to support the Controller and Senior Management with ad hoc projects and assist in some departmental processes such as the budget, audit/tax work paper preparation processes, and tenant communication. They will also be responsible for the day-to-day accounting for a portfolio of the company's retail assets. They will assist in all accounting initiatives including, but not limited to; general ledger review, budgeting, tenant billings/collections and year-end financial statements for new and existing shopping centers in the Chase Properties portfolio. They will also support the CFO and Senior Fund Accountant in certain Fund Administration responsibilities.
DUTIES AND RESPONSIBILITIES:
- General ledger responsibilities for assigned portfolio of properties including but not limited to: Annual budgets, monthly variance reporting, work paper preparation/year-end close work, monthly journal entries
- Facilitate and preparation of all property-level invoices, account analysis, bank statements, tenant chargebacks and billings
- Fixed Assets - Assist supervisor in recording of depreciation along with prepared reports for a portfolio of the company's assets.
- Recovery billing responsibilities for assigned portfolio of properties including but not limited to: Year-end reconciliations, escrow adjustments, year-end accruals, tenant disputes, non-escrowing tenant tax billings, utility billings
- Monthly tenant cash application balancing and bank reconciliations for assigned portfolio of properties
- Invoice review and payment for major expenses (taxes, mortgages, construction payments, legal reimbursements, etc.) for assigned portfolio of properties
- Coordinate/Facilitate the collection of outstanding A/R amounts from tenants for assigned portfolio of properties
- Take on additional ad hoc projects as directed by Controller and Senior Management
- Conduct variance analysis between investment/fund actual performance and budgeted performance
- Support CFO and Senior Fund Accountant in booking journal entries for quarterly investment fund distributions and ad hoc capital calls
- Bachelor's Degree (BA) from four-year college or university with a preferred concentration in Accounting, Finance, Construction or Real Estate
- Master's Degree (MBA) or equivalent a plus
- 3 years of work experience, preferably in a commercial real estate or public accounting, construction, venture capital with a focus in accounting or finance
- Certificates, licenses and registrations preferred, but not required: CPA
- Computer skills required: Strong computer skills with a proficiency in Microsoft Word and Excel
- Other skills desired: Previous budget/accounting software (MRI) experience
All your information will be kept confidential according to EEO guidelines.
Job Summary
Full Time
$63k-77k (estimate)
05/05/2024
05/20/2024
chaseprop.com
COLUMBUS, OH
100 - 200
1973
Private
$10M - $50M
Commercial Real Estate Brokerage & Management
Related Companies
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.
