Property Accountant

Property Accountant

The West Side Federation for Senior and Supportive Housing, Inc. (WSFSSH) is a community-based organization responding to the need for low-cost housing. Our mission is to provide safe, affordable housing with supportive services within a residential setting that enhances the independence and dignity of each person. WSFSSH develops, manages, and provides social services in housing for low-income persons, especially those who are older, who have experienced homelessness and who live with mental illness.

Job Summary : Reporting to the Property Accounting Manager, the Property Accountant will be responsible for overseeing his / her portfolio and the day-to-day activities of the Accounts Receivable department such as recording daily deposits, prepare commercial tenant billings, bank and AR account reconciliations. He / she will also aid in special projects and duties assigned by the Property Accounting Manager.

Job Duties & Responsibilities : Responsibilities include but are not limited to :

• Record and post daily bank statement deposits and interest
• Reconcile monthly cash deposits between bank account activities and Bank Deposits Detail report from RealPage before closing
• Save month-end closing reports related to his / her portfolio
• Prepare month-end closing journal entries and enter in MIP
• Perform bank reconciliations and prepare bank rec package
• Analyze tenant accounts and prepare rent bills (e.g., HASA rent bills, ESSHI bills, commercial rent bills, etc.)
• Prepare monthly payroll and operating expenses for Red Oak Invoice
• Prepare monthly financials and documents for Limited Partnerships (e.g - monthly and quarterly NEF reports, HFA reports, MOR, Richman Reports, Berkadia and NYCHA Reports, etc.)
• Review and reconcile client final accounts and move out claims (e.g., Final Bills for tenants, vacancy claim submission to HUD.)
• Prepare monthly HUD Vouchers
• Run monthly move-in & move-out reports to prepare final bills
• Reconcile monthly tenant security deposits between RealPage, MIP Accounting System and Chase Security Deposit Account statement balance
• Prepare monthly Vacancy and Delinquency reports for managers
• Prepare second checks request and PNA Rec-payee file
• Upload / post subsidy payment and PNA charge
• Reconcile AR between MIP and RealPage Delinquent and Prepaid Reports
• Reconcile both cash exchange accounts GL 1465 & PNA exchange account GL 1221
• Investigate tenant ledger for delinquent and prepaid balances to identify irregular rent charge and payment transactions (e.g. Prepaid Subsidy)
• Prepare quarterly Management Fees
• Prepare quarterly Gross Potential Rent (GPR) and Vacancy Loss booking
• Prepare year-end allowance for doubtful accounts of uncollectible
• Prepare Sub-Lease Revenue schedule for year-end audit
• Reconcile SCRIE & DRIE credits
• Prepare quarterly sales tax filing
• Interact with building managers regarding tenant ledgers and rent issues
• Assist with both year-end audits (Calendar year-end January 1 December 31 for LP and Fiscal year-end July 1 June 30 for Consolidated)
• Ad hoc duties as assigned (e.g., Quarterly HCR Rental Arrears Survey)

Required Knowledge Skills & Abilities :

Required and Preferred Education, Experience and Credentials :

Physical Requirements :

Benefit Overview : Westside Federation of Senior & Supportive Housing offers full-time employees a comprehensive choice of benefits that include Medical, Dental, Vision, 403 (B) retirement savings, Flexible Spending Accounts (FSA), Life & Disability, Short-term and Long-term Disability, Employee Assistance Program (EAP) commuter benefits and more Voluntary benefit options and Time Off that includes 11-12 paid Federal Holidays, accrued Vacation and Sick Time.

EEO Policy or Statement : WSFSSH is an Equal Employment Opportunity Employer (EEO); employment is based upon employees' qualifications without discrimination, on the basis of race, creed, color, national origin, religion, sex, age, disability, marital status, sexual orientation, military status, citizenship status, genetic predisposition or carrier status, or any other protected characteristic as established by law.

Monday - Friday 9am - 5pm (35) Hours per week