Senior Property Accountant I

Senior Property Accountant I

Locations: Dallas
Departments: Accounting

The Senior Property Accountant is responsible for the preparation of monthly financial statements (cash and accrual) on assigned Office, Industrial, Association, Construction/Development, Partnerships, Retail, and Multi-family projects.  Works closely with property manager to complete monthly reporting package sent to the Client.  Assignments based on intermediate experience level and product type currently managed.

QUALIFICATIONS

  • 3-5+ years related accounting/reporting experience.
  • Individual should demonstrate quantitative analytical and accounting skills commensurate with experience level.
  • Intermediate competence in Microsoft Excel and Outlook.
  • MRI and Yardi intermediate experience is a plus with real estate experience as an added bonus.
  • Intermediate understanding of accounting principles and ability to apply same to assignments, interaction with Clients and team members.
  • Excellent communication skills, both verbal and written. Listens with understanding.
  • Displays a high level of self- motivation, ability to multi-task and thrives in a deadline-oriented environment.
  • Ability to take initiative in solving routine/advanced problems but presents possible solutions to manager or supervisor for feedback regarding more complex issues /or problems.

ESSENTIAL FUNCTIONS

  • Provide internal and external reporting of Projects’ financial results.
  • Works with property management and provides in depth analysis of the project’s financial performance.
  • Supports budgeting process and expense reconciliation preparation review of data at a basic/intermediate level with limited direction from manager.
  • Prepares recurring and ad hoc analysis and reporting with limited direction from manager.
  • Is an internal and external customer service leader and assists manager with more complex issues.
  • Mentors and shares knowledge with team members.

RESPONSIBILITIES

  • Preparation of monthly financial statement packages includes:  creating and posting journal entries recorded to the general ledger, fixed asset depreciation and amortization roll-forward, in depth review of general ledger and income statement, bank statement reconciliations, in depth property manager variance comment review, and balance sheet reconciliations.
  • Ensures internal and external deadlines are met and utilizes experience and industry knowledge to complete assignments in a timely and accurate manner.
  • Frequent verbal and written communication and interaction with property management team and manager.  Interacts with Client as needed on basic/complex issues with assistance from manager or supervisor on more advanced issues.
  • Preparation and submission of Sales & Use Tax returns as applicable.
  • Project cash management:  ensure critical timely payment of utilities, taxes, mortgages and owner distributions.
  • Review and posting of cash receipts. Review and process payment of vendor invoices.
  • Assist manager with transition of project assignments.
  • Ensure compliance with SOC I requirements for self and property management team.
  • Other duties as assigned.

EDUCATION

  • Bachelor's Degree