Accountant

Job Description

Assist Property Managers with development of annual budgets for operating and capital expenses. Forecast management plans and prepare monthly accounting reports such as income statements and balance sheets, explaining variances.

Review and reconcile tenant rent and Common Area Maintenance (CAM), Insurance and Real Estate Tax recovery charges.

Coordinate with Accounting Department to ensure accuracy of monthly tenant rent statements. Continuously review tenant accounts and monitor the collection process.

Actively engages in resolving collection issues and disputes.

When necessary, prepare correspondence with tenants regarding collections. Send and coordinate default notices to tenants and completes paperwork to initiate legal process.

Participate in legal action when required.

When necessary, process payables, enter journal entries and create invoices.

Perform tasks required for monthly financial closing. Including Bank Reconciliations.

Develop and implement the approved strategic plans for the property.

Control procurement and expenditure processing.

Ensure adherence to the approved budget with primary responsibility for variance reporting; forecast cash flow of property;

review real estate tax assessments; and file required municipal reports.

Approve and ensure accuracy of all Accounts Payable invoices related to office operations, building maintenance, and capital expenditures in accordance with the established budget.

All other duties as assigned including general office tasks.