Property Accountant
About the role
Prometheus is the largest privately held owner of apartments in the San Francisco Bay Area, with a portfolio of over 13,000 apartments in the Silicon Valley, Portland, and Seattle regions. We are proud to be a Certified B Corporation and have more than 500 Prometheans, with a home office in San Mateo and satellite offices in Portland and the Bay Area. Our four core competencies are acquisitions/investments, development, value-add renovations, and operations/property management. We are dedicated to Good Living for the Greater Good, focusing on providing a sense of home and belonging for our Neighbors, Clients, and Prometheans, and supporting their career growth.
Responsibilities
Prepare and review property financial statements and related supporting documents to ensure the financial statements are correct and in conformity with GAAP.
Prepare a monthly financial summary analysis and participate in monthly financial review meetings, demonstrating an understanding of the financial results of the assigned portfolio.
Prepare loan compliance reports and assist with annual budgets.
Complete month-end close activities in accordance with monthly accounting close calendar and month-end review checklist, ensuring items are completed within defined deadlines and all journals are posted timely and accurately.
Maintain accounting records for residential and commercial properties including recording journal entries, preparing financial statements, variance review and bank reconciliation.
Prepare balance sheet reconciliations and review trial balances to ensure all activity is properly classified in the property level general ledgers.
Provide year-end compliance audit and/or tax return workpapers; assist the Tax Department in preparation of tax working papers, tax projections, audit packages, and fixed asset schedules.
Qualifications
Education & Experience: High school diploma or general education degree (GED). Bachelor’s degree in accounting or finance preferred. Minimum of 4 years of relevant accounting experience; real estate accounting experience with use of property management software a bonus.
Core Competencies: Strong working knowledge of issues, procedures and practices associated with property management, real estate, construction and partnership accounting. Basic computational skills. Ability to prepare and analyze data figures and transcriptions generated by a computer. Proficient in Windows, MS Office, Word, Excel, Outlook, OneSite; Hands-on experience with property management / job cost accounting system such as Sage, OneSite or Yardi preferred.
Cultural Traits
Team Oriented
Communicator
Entrepreneurial
Passionate
Self-Starter
Creative
Principled
Brand Ambassador
Compensation and Benefits
The provided salary range is $76,000.00 to $110,000.00 per year. Discretionary Annual Bonus Plan. Benefits & Perks include medical, vision, dental, life insurance, accidental death & dismemberment insurance, long term disability, behavioral health program, flexible spending accounts, 401(K) retirement plan with employer matching, recognition & rewards program, vacation, anniversary vacation, sick leave, paid volunteer time, tenure-based housing discounts, educational assistance, tuition reimbursement, referral bonus, hybrid work schedule, and more. Prometheus is proud to be an equal opportunity workplace.