Property Accountant

Published: 6/14/2022

Real Estate

Job Description

Leading Metro Detroit Commercial Property Management Firm seeks a Property Accountant with 3+ years of general accounting experience to join its dynamic team! This is an in-office, full-time position based in the company’s headquarters located in Southfield, MI.

The Property Accountant is responsible for full-cycle accounting at a Commercial Property Management firm. This includes billing, collection, and accurate recording of all receivables related to the properties assigned as well as processing accounts payable and other various accounting functions and financial review/analysis that may be required from time to time.

The Property Accountant reports to the Accounting Supervisor and works closely with the Controller, Property Managers, tenants, and vendors to ensure accurate input of payables and receivables and the resolution of outstanding issues. Additionally, the Property Accountant provides timely reports to various members of the organization and other interested parties on an as needed and/or scheduled basis.

Responsibilities:

Enter new and renewing leases into the accounting software.
Maintain tenant records and critical dates in the accounting software.
Enter/process tenant charges.
Record and process tenant payments.
Monitor the collection of all rent and other charges billed to the tenants and answer inquiries regarding tenant accounts.
Prepare notices for delinquent tenants as needed.
Submit ACH requests and monitor bank accounts daily for activity.
Accurately enter payables into the accounting software.
Process payment of payables.
Assist in the preparation of Year-End reconciliations for Operating Expenses, Taxes and Insurance.
Communicate with tenants and vendors regarding payment status and various other accounting related matters.
Review the general ledger for accuracy and compile monthly financial statements.
Create and post journal entries.
Bank reconciliations.
Assist in preparation of annual budgets.
Other duties as assigned.

Qualifications:

3+ years of relevant accounting experience.
Advanced proficiency with Microsoft Office with an emphasis on Excel and Outlook.
Strong experience with accounting functions such as general ledger accounting, accounts payable, billing and collections, cash and investment transactions, balance monitoring, and data entry.
Excellent time management and the ability to prioritize tasks effectively
Basic understanding of generally accepted accounting principles (GAAP), management and financial policies, and tax regulations.
Must possess a functional understanding of accounting terminology and transactions.
Ability to communicate with and make recommendations to upper management.
Ability to effectively present information and respond to questions from peers and management.
Must be detail-oriented with solid analytical and problem-solving skills.
Ability to work independently and achieve results as part of a team.
Strong written and verbal communication skills.

Competitive salary with excellent benefits!!!

Apply today! All submissions confidential!

\nCompany Description

Specialized Talent Solutions, LLC brings top talent together with organizations in the legal, medical, insurance, logistics, and real estate industries, among others. Our team of recruitment consultants draw upon years of experience in several industries to help candidates find new opportunities, while ensuring that our clients across the country find the best candidates to join their team.