Property Accountant

The Property Accountant is responsible for preparing and maintaining financial statements, supporting schedules, and detailed analysis.

Essential Duties and Responsibilities

• Track and monitor operating results and prepare / distribute monthly financial packages
• Prepare and analyze financial statements and work with property management staff in the preparation of accrual entries
• Prepare monthly journal entries and monthly general ledger close, including the verification and reconciliation of all general ledger accounts on trial balance with support schedules
• Prepare monthly bank reconciliations, variance reports, and cash flows
• Review and update fixed assets including transfers and disposals on a monthly basis; maintain depreciation schedules
• Prepare / review management fee calculations in accordance with property management agreements
• Analyze mortgage agreements, partnership agreements, and cash management agreements to determine proper accounting requirements and compliance items and prepare compliance submissions as necessary on a timely basis
• Prepare escrow draw packages in accordance with loan documents
• Review AP invoice coding and approvals
• Assist with internal and external audits
• Other related duties and assignments as required

Qualifications

Seniority level

Employment type

Job function

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