Property Accountant

Primary Purpose of Position:

Manage, audit and analyze all financial matters related to assigned portfolio. Serve as the financial expert and primary facilitator of all financial matters for assigned properties.

Essential Functions:

  • Manage, analyze and audit tenant accounts to ensure they are billed correctly each month for all rental and additional charges per their lease and investigate and resolve all discrepancies.

  • Research and assess all vendor payments to ensure they are properly coded prior to payment.

  • Analyze and prepare quarterly Tax and GAAP financial statements, including all supporting schedules as scheduled.

  • Present formal revenue and expense variance explanations via Asset Advantage on a quarterly basis in conjunction with property management.

  • Perform analysis and develop financial reports and related schedules in accordance with lender and/or third party requirements.

  • Analyze and prepare tenant operating and real estate tax escalations for assigned properties’ monthly payment and annual true-up.

  • Audit and ensure accuracy of various databases, such as Lease Tracking, BP Loan Summary, Rent Roll, Lease Abstract, for assigned portfolio.

  • Serve as a resource and assist with preparation of portfolio annual budgets and quarterly re-forecasts.

  • Work with Lease Administration, Accounts Receivable, Accounts Payable, Tax, Finance and Legal Departments to obtain necessary information for the completion of financial statements.

  • Perform required analysis and develop external reports for compliance with all agreements (sales & use returns, i&e forms etc.).

  • Audit and prepare reconciliation of all accounts (i.e. workorder, etc.).

  • Examine and comprehend all management, development, joint venture agreements and mortgage documents for assigned properties.

  • Analyze and prepare depreciation and fixed asset schedules on a monthly basis.

  • Provide Regional Controllers and all other personnel with the highest level of service.

Non-Essential Functions:

  • Perform other duties as assigned.

Requirements and Qualifications:

  • BA/BS degree in Business Administration or Accounting required.

  • A minimum of 1 to 3 years of accounting experience required. A minimum of 3-5 years of experience strongly preferred. Previous accounting experience in commercial real estate settings or related industries preferred.

  • Solid computer skills with proficiency in MS Excel required.

  • Proven organizational skills with ability to set priorities, manage multiple projects and meet deadlines.

  • Self-starter capable of finding solutions with minimal supervision.

  • Ability to interact with co-workers, tenants or vendors in an articulate, courteous and business-like manner at all times.

  • Ability to work under pressure.

  • Ability to work independently, as well as part of a team.

  • Adaptability to changing demands.

  • Effective problem solving skills.

  • Ability to multitask.

  • Strong communication skills, both written and oral, as well as solid interpersonal skills.

  • Knowledge of JD Edwards accounting software desirable.

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