Property Accountant

Job Description

JOB SCOPE :

The Property Accountant is responsible for the preparation of monthly reporting including journal entries, account reconciliations, preparation of financial statements of assigned real estate entities and debt compliance reports required for lenders and actively participate in financial and business projects..

JOB SUMMARY :

The Property Accountant will be responsible for the monthly accounting activities including recording journal entries and preparation of monthly balance sheet reconciliations and financial statements for assigned real estate entities.

REPORTS TO :

Accounting Manager, RE

Responsibilities / Skills / Experience Requirements

JOB DUTIES / RESPONSIBILITIES :

• Prepares and analyzes monthly financial reporting including variance analysis (actuals to budget, month-over-month)
• Prepares bank reconciliations by comparing the bank statement with the balance in the general ledger, to ensure alignment and identifies and corrects any discrepancies
• Performs cash flow analysis to identify areas of financial weakness and presents findings to management
• Analyzes transactions and prepares journal entries to record property acquisitions and dispositions
• Responsible for month-end close, prepares monthly journal entries, accruals, allocations and account reconciliations
• Prepares and analyzes quarterly and annual financial statements and debt covenants
• Provides regular and ad hoc reporting and analysis as required
• Records monthly debt activity, prepares debt account reconciliations and creates lender compliance reporting. Corresponds with lenders and resolves any concerns
• Collaborates with accounting team and other departments, as well as participates in business projects as assigned and makes recommendations for continuous process improvements

JOB REQUIREMENTS :

REQUIRED SKILLS :

Years Experience

2 - 5 Years Experience

Travel Requirements

None

Country

United States

Work-In City

REMOTE

Work-In State

REMOTE

Work-In Postal Code

REMOTE

Business

Transformco Corporate

Job Function

Real Estate

Employment Category

Regular, Full-time

Compensation Range

$90,000

Additional Compensation Explanation

N / A

EEO / EOE Footer

Equal Opportunity Employer / Disability / Vet.

Posting Tags

#Corporate, #RealEstate, #Remote

Company Brand

Transformco

Location City

HOFFMAN ESTATES

Property Accountant | Transformco