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Preiss Brand
Raleigh, NC | Full Time
$68k-84k (estimate)
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The Preiss Company
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Property Accountant
Preiss Brand Raleigh, NC
$68k-84k (estimate)
Full Time 1 Month Ago
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Preiss Brand is Hiring a Property Accountant Near Raleigh, NC

Company Information: The Preiss Company is a leader in the ownership and management of multifamily and student housing communities nationwide. With a vast and varied national portfolio, we pride ourselves on providing an unparalleled living experience and a best-in-class investment platform. The Preiss Company is an Equal Opportunity and LGBTQ friendly Employer. ​

Work Location: Corporate Office

Property Accountant: The primary responsibilities of the role are to assist the Senior Property Accountant in accounting and reporting of all Student Apartments, as assigned, in which The Preiss Company is the property manager.

Essential Job Functions:

  • For specifically assigned properties, along with support and guidance of Senior Property Accountant, ensure that the following is completed:
    • Accurate balance sheet reconciliation to sub-ledgers and/or supporting documentation and income statement review at month-end including, but not limited to:
      • Bank reconciliations including clean up significantly aged outstanding checks
      • Accounts Payable and Accruals
      • Accounts Receivable, Bad Debts, Security Deposits and Prepaid Rents
      • Mortgage and escrow balances
      • Taxes, Insurance
      • Identification and reclassification of transactions miscoded
    • Additional closing procedures as required
    • Assist in getting all monthly documents scanned into Google Drive
    • Assign easily completed and basic tasks to Accounting Assistant
  • Special Projects and other tasks As Assigned by Senior Property Accountant and Property Controller

Requirements:

  • Bachelors of Science, with a concentration in Accounting.

Other Expectations:

  • Ability to work and support a team environment.
  • Maintain a professional and positive attitude and possess the ability to respond quickly to other departments including all members of the Accounting Team, Executive Team, Property Management and Property Employees.
  • If phone calls or personal matters occur while in the office, be mindful of others around you and limit distractions.
  • Timely notify Senior Property Accountant and Property Controller of all PTO requests and maintain in Accounting Calendar.
  • Timely notify Senior Property Accountant and Property Controller if not going to be in office during prescribed hours.

Work Environment:

  • In office 80% of the week (4 out of 5 days) and 20% work from home (1 out of 5 days). 

This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete, nor permanent and may be modified at any time. At the request of their supervisor, an employee may be asked to perform additional duties or take on additional responsibilities without notice.

Job Summary

JOB TYPE

Full Time

SALARY

$68k-84k (estimate)

POST DATE

03/10/2024

EXPIRATION DATE

05/09/2024

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The job skills required for Property Accountant include Accounting, Accounts Payable, Balance Sheet, Accounts Receivable, Bank Reconciliation, etc. Having related job skills and expertise will give you an advantage when applying to be a Property Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Property Accountant. Select any job title you are interested in and start to search job requirements.

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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.

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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.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College