$77.30K - $94.20K/yr
Full-time
Posted 15 days ago
Job description
What You’ll Do:
As a Senior Property Accountant, you’ll lead the daily and monthly accounting procedures and financial reporting for an investment portfolio of institutional, private real estate multifamily communities.
Where You’ll Work:
This position is a fully in office opportunity at our corporate office located downtown Columbus, Ohio. Our new built corporate offices overlook the downtown Columbus Commons which plays hosts to over 200 events throughout the year. Enjoy our building’s fitness center and rooftop terrace with adjoining clubroom and walk to some of the city’s best restaurants and downtown amenities.
Your Responsibilities:
- Month-end close and reporting
- Property budgeting and forecasting
- Ad-hoc analysis
- General ledger maintenance
- Bank and credit card reconciliations
- Maintain asset additions/disposals and reconcile balance in fixed asset system to general ledger
- Review lender and operational agreements ensuring all reporting requirements are met
- Calculate monthly/quarterly member distributions per operating agreements
- Vendor invoice and disbursement review
- Recording of escrows, capital expenditures, depreciation, and equity contributions/distributions
- Serve as a trusted information resource to investment partners, multiple third-party service providers, and the internal operations, asset management, and acquisitions team
- Assist in creating and executing detailed financial analysis and assigned departmental projects.
- Utilize technology in a forward-thinking manner to continue to drive new business efficiencies and investor solutions.
- Other duties as directed and assigned.
Required Qualifications:
- Bachelor’s degree in accounting, finance or economics
- 5+ years of accounting experience
- Previous real estate accounting experience within the areas of private investment and/or property management strongly preferred
- Proficiency in Microsoft Excel
- Proficiency in Entrata or similar property management accounting software preferred
- Ability to sit at a desk for 8+ hours a day
- CPA preferred
- A detail-oriented individual. You pay attention to the small things that make a big difference. You look at information with a discerning eye to ensure its accuracy. You understand the importance of editing and proofreading your work to make sure it’s done right.
- A masterful executor. You get things done. You fervently plan to meet deadlines and achieve goals. You manage tasks in a fast-paced environment with many moving pieces and stakeholders and ensure goals reach or surpass the finish line.
- A technical and analytical problem solver. You visualize, articulate, conceptualize, or solve both complex and uncomplicated problems by making decisions that are sensible given the available information. You keep it cool when things get crazy and approach problems with viable solutions.
- A supportive team player. You work effectively with others and go above and beyond to support the needs of your fellow coworkers. You are reliable and flexible and communicate effectively by communicating issues and challenges, listening, compromising, and seeking feedback.
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Frequently asked questions
Q: What skills or qualities help someone succeed as a Senior Property Accountant?
A: To succeed as a Senior Property Accountant, key technical skills include proficiency in financial accounting software, such as Yardi or MRI, as well as expertise in property tax, depreciation, and financial reporting. Soft skills like strong analytical and problem-solving abilities, effective communication, and leadership skills are also crucial, as they enable Senior Property Accountants to manage teams, interpret complex financial data, and provide strategic insights to stakeholders. By combining these technical and soft skills, Senior Property Accountants can drive financial accuracy, optimize property performance, and contribute to the overall success of their organization.
Q: What is the career path for a Senior Property Accountant?
A: A Senior Property Accountant's typical career progression involves starting as a Junior Accountant or Bookkeeper, advancing to a Property Accountant or Financial Analyst role, and then moving into senior positions such as Senior Property Accountant or Financial Controller, overseeing financial planning, budgeting, and reporting for real estate portfolios. Key opportunities for skill development include learning accounting software, financial modeling, and data analysis, as well as developing expertise in tax laws, financial regulations, and industry-specific accounting standards. Long-term career prospects may lead to roles such as Chief Financial Officer (CFO), Director of Finance, or even entrepreneurship, with opportunities to transition into related fields like real estate development or investment management.
