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Property Accountant - MUST HAVE BACHELOR'S DEGREE IN ACCOUNTING OR BUSINESS

PublishedPublished: 6/14/2022
Real Estate

Job Description

PROPERTY ACCOUNTANT

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Job Overview

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Crescendo Commercial Realty is looking for a Property Accountant in the Cleveland, OH area to fill a position in our Accounting Department. Crescendo was ranked on the Weatherhead 100 list as one of the fastest-growing companies in Northeast Ohio. We’re a leading commercial property management company with a unique focus on the high- growth healthcare real estate space. Our firm has about $400M in assets under management and is rapidly growing.

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The Property Accountant is responsible for the day-to-day accounting for an assigned group of commercial properties throughout the US. The Property Accountant will work with various other teams in the company to ensure day-to-day functions are done timely and accurately. This is a great opportunity to learn about the commercial real estate industry and what it takes to manage the ins and outs of a property with tenants.

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Property Accountant Required Skills:

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· Strong analytical skills used to troubleshoot and solve various accounting and business hurdles that arise.

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· Self-starter who is engaged and able to learn from prior examples.

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· Good understanding of general ledger accounting, payables, and receivables.

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· Customer service mindset with a drive to establish and continuously improve processes.

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· Strong organizational and time management skills and ability to prioritize workload.

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· Professional communication skills both written and oral.

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· Ability to learn in a fast-paced environment and make judgement calls with minimal guidance.

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· High standard to produce accurate and timely work with a high degree of attention to detail.

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Property Accountant Job Duties:

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· Prepare and post bank reconciliations, general ledger reconciliations, and other ad hoc reconciliations.

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· Prepare and post journal entries including yearend adjustments and monthly accruals.

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· Monitor and review Accounts Payable weekly, ensuring invoices are coded correctly, calculate necessary prorations, and help research any discrepancies.

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· Compile monthly, quarterly, and yearly financials for various reporting purposes.

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· Manage Accounts Receivable by reviewing and posting receivables, completing collection calls, and updating internal trackers.

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· Ensure compliance with sales tax payments and filings.

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· Budget variance reporting, and year end budget preparation for assigned group of properties.

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· Lender reporting and disbursements in accordance with loan terms and deadlines.

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· Participate in CAM Reconciliations and Estimates.

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· Read and interpret real estate leases.

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· Prepare and send all financial statements to CPA’s for tax return filing.

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· Assist in annual 1099 filing process

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· Various other ad hoc reporting and projects that involve analytical skills and thinking outside of the box.

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Qualifications:

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· Bachelor’s Degree in Accounting, Finance, or Business Administration.

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· 0-2 years of related experience, or equivalent combination of education and customer service experience.

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· Strong working knowledge of MS Excel and other MS Office products.

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· Yardi real estate software experience a plus.

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MUST BE AUTHORIZED TO WORK IN THE UNITED STATES WITHOUT SPONSORSHIP

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