Summary
The Property Accountant is responsible to assist the Accounting, Property Management and Project Management teams in the day to day accounting of an assigned portfolio of properties, as well as preparation and submittal of state & local excise and business taxes.
Responsibilities
General ledger responsibility for specific properties including preparation of periodic reports to include but not be limited to Financial Reports (monthly, quarterly) and annual budgets
Understanding of GAAP reporting
General ledger review
Monthly journal entries
Accruals for expense and capital items
Recurring entries for taxes and insurance
Post entries for depreciation and amortization
Post entries for deferred rent
Account reconciliations and supporting schedules
Accounts Receivable
Solid understanding of lease administration process
Review abstracted leases language
Review billing information
Review rents collected from tenants by reviewing the daily cash receipts reports and monitoring the Accounts Receivables ledgers
Support collections process with late fee letters/default notices and communicate with Property Manager as needed
Prepare TI/Capital Tracking Documents
Manage Construction Management Fee process and generate invoices monthly
Create Management Fee invoices
Create Lease Commission invoices
Calculate monthly/quarterly excise tax payments to state and cities
Provide back-up for the Controller for monthly financial reporting
Provide general support to the accounting team
Audit support and compliance
Rent Roll/Stacking plan review
Operating Expense Recoveries
Take on special projects as necessary
Company
Employee must meet and adhere to The Company’s attendance guidelines
Employee should maintain professionalism and perform work in a businesslike manner at all times and treat other employees, clients, vendors and tenants with the utmost respect
Skills and Abilities
Accounts receivable experience
Accounts payable experience
General ledger experience
Bookkeeping experience
Good oral and written communication skills
Strong record-keeping and organizational skills
Strong computer skills, including Microsoft Word, Excel, and Outlook
Experience with MRI & Kardin preferable, Yardi a plus but not required
General clerical experience
Strong customer service skills
Minimum Qualifications
3 years of relevant experience preferred
Proficient in MS Word and Excel
Bachelor’s degree in Accounting, a plus but not required
Commercial Real Estate experience preferred
APPLY
Equal Opportunity Employment
Urban Renaissance Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
