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Property Accountant
Intelica St. Louis, MO
$66k-81k (estimate)
Full Time 3 Months Ago
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Intelica is Hiring a Property Accountant Near St. Louis, MO

Position Summary 
The Property Accountant is responsible for timely and accurate invoice processing and payment. The primary function of this role is to reconcile, audit and provide appropriate back up documents for processed invoices for Clients, PMs, CFO and Payroll. This position also manages filing and storage of A/P and A/R records according to standard operating procedures.
Responsibilities: Perform general accounting activities in a timely manner and according to standard operating procedures. This work may include, but is not limited to:
  • Manage rent deposits, manage bank accounts, and prepare monthly bank reconciliations for managed properties.
  • Calculate monthly management fees based on management agreements.
  • Post monthly rent charges and send tenant rent statements (Yardi experience preferred).
  • Approve weekly AP based on cash flow.
  • Prepare weekly bank reconciliations.
Prepare financial reports according to standard operating procedures. This work may include, but is not limited to: 
  • Perform account reconciliation at the end of the month.
  • Prepare monthly financial reports for properties.
  • Record monthly management fees, debt service payments, and accrued/prepaid expenses.
  • Prepared monthly management reports for managed properties.
  • Review monthly property accountant reports and assist with month end questions.
  • Assist in Annual real estate tax accruals, payment, and true up escrow balances. 
Communicates with internal and external parties regarding A/P and A/R issues. This work includes, but is not limited to: 
  • Guides and answers daily questions from PM accounting team.
  • Addresses accounting concerns from property management, clients, and vendors.
Qualifications: The following education, skills and experience are required for this role: 
  • Three to four years of computerized accounting or bookkeeping experience.
  • Good organizational and analytical skills.
  • Strong attention to detail.
  • Proficient data entry skills.
  • Multi-family experience preferred.
  • General math skills.

Job Summary

JOB TYPE

Full Time

SALARY

$66k-81k (estimate)

POST DATE

02/14/2024

EXPIRATION DATE

06/07/2024

WEBSITE

intelica.com

HEADQUARTERS

Miami, FL

SIZE

<25

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The job skills required for Property Accountant include Accounting, Account Reconciliation, Bookkeeping, 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