Property Accountant

Responsibilities

• Prepares, processes, reviews and evaluates financial transactions for an assigned portfolio of clients.
• Ensures the accuracy of all financial data.
• Works within the team on various monthly accounting tasks.
• Prepares and records each property’s journal entries.
• Records each property’s monthly GL reclassifications reports.
• Reconciles each property’s bank statements, for all bank accounts, monthly and researches and corrects all reconciling items.
• Edits each property’s recurring monthly journal entries in accordance with the property’s financial plan as needed.
• Reconciles Escrows and Replacement Reserve Accounts monthly.
• Monthly accruals for each property.
• Reconciliation of investment statements.
• Prepares the audit work paper package for each assigned property, consisting of information related to each balance sheet account, and income or expense account.
• Affords assistance in all preliminary fieldwork completed by auditors.
• Enters any audit adjustments into Yardi and ties out Equity.
• Prepares each property’s management fee monthly and reconciles these payments monthly.
• Prepares each property’s mortgage PA monthly according to the property’s amortization schedule or monthly statement.
• Responsible for preparing the Real Estate Tax PA for each property after receiving the real estate tax bills from the city, town or mortgage company.
• Reviews weekly check runs for assigned properties to ensure proper authorization and accurate coding for disbursements.
• Compares the accounts receivable posted by the Property Managers in Yardi to the Bank activity to ensure that all deposits are posted correctly.

Requirements

• BA/BS in Accounting or related field preferred, experience can be substitute for education.
• Minimum Of 1-2 Years In Accounting Is Required.
• Knowledge of YARDI is a plus.