Property Accountant

Base Pay :  $45,000 - $58,000 /Year Employee Type :  Full-Time Industry :  Real Estate - Property Mgt Manages Others :  Not Specified Job Type :  Accounting Education :  4 Year Degree Experience :  At least 3 year(s) Travel :  None Post Date :  9/9/2012 Contact Information Contact : Lori L. Colasanti Phone : 610.454.9477 Fax : 610.487.2843  Description The is responsible for providing accurate real estate accounting services for internal and external clients including financial statements and journal entry preparation.  Assists in all phases of accounting including but not limited to financial reporting, analysis, budgeting and general ledger maintenance.
 
Essential Duties and Responsibilities include the following.  Other duties or special projects may be assigned.
 
Prepare reports and documents for closing of property (Month End Close) Complete monthly bank reconciliations for each property.  This includes identifying cash management or bank statement issues and correcting Prepare monthly partnership distributions Prepare monthly variance reports for each property Prepare documents, reports and invoices for Annual Common Area Maintenance (CAM) and Real Estate Tax reconciliations Work with other departments for the annual budget preparation Complete budget re-forecasting for each property Review account payable batches and invoices for property Perform full-cycle accounting transactions through the GL Prepare escrow lease release documents and Draw Funding for lender.  Follow up with lenders on Reserve Disbursement requests and other issues. 
Ancillary Responsibilities
 
Manage and complete general ledger entries and cash balances Work with tenants to resolve issues and inquiries Scan and rename documents Prepare Escrow lease release documents and draw Work closely with the Capital Markets and Acquisitions department 

 RequirementsQualifications – To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
 
BA/BS Degree in Accounting Minimum 3 – 5 years of property accounting experience Real Estate and/or property management experience Analytical and strong problem solving skills Solid Understanding of issues relating to monthly close including reconciliations, posting and reviewing journal Advanced Excel skills required – Property Management/Accounting Software experience desirable i.e. MRI Must be able to work independently as well as within a team Strong communication and organizational skills are essential Must work within deadlines


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