*Property Accountant*
Etech is a leading global investment firm with global presence across the board.
We are currently seeking a full-time Property Accountant to join our team in our West Palm Beach, FL office.
*Job Description:*
Our company is an industry leader in the development and management of Affordable Housing.
Our company is seeking an experienced Property Accountant with strong analytical skills and a disciplined approach to join our growing team located in Palm Beach, Florida.
.
This individual will assist in the oversight of the financial operations of our affordable housing communities, totaling around 4000 units.
The ideal candidate will be responsible for the property accounting for various residential real estate properties and will collaborate with the Director of Operations, Controller, Regional and Community Managers to ensure accurate, timely and complete property execution from a financial standpoint.
*Required Education and Experience:*
* Bachelor's degree in accounting w/5+ year’s property management accounting experience or similar discipline
* Extensive experience working with YARDI required.
* Excellent MS Excel skills and knowledge with Word & Outlook
* Ability to be flexible, work in a fast-paced environment and meet deadlines.
* Excellent organization, communication, and interpersonal skills
*Responsibilities will include:*
* Manage, analyze and audit resident and subsidy ledgers to ensure they are billed correctly each month for all rental and additional charges per their lease.
* Submit retroactive ledger adjustments and write off requests to Regional Managers for review/approval and timely implementation.
* Ensure that final billing statements and security deposit refund requests are accurate and mailed in accordance with local and state laws.
* Review A/R aging reports with Property Manager weekly
* Analyze and research monthly budget variance reporting and preparation of customized reporting for asset management, investor, lenders, etc.
* Review operating and reserve cash balances on a monthly basis to determine need and sources of funds.
* Prepare funding requests as needed to cover shortfalls in capital and/or operating expenses.
* Assisting in month-end closing duties and ensuring that all are done timely and accurately.
* Prepares 1099
* Accurately record income, expenses and changes in assets and liabilities on monthly basis.
* Assist with preparation of financial statements, including current monthly, quarterly, and year-to-date variances including creating and posting entries, general ledger review and completion of back-up schedules.
* Monitoring of cash flow for each property and cost control /expenses to achieve budgeted NOI
* Coordinate with mortgage companies on issues involving mortgage payment, tax and insurance escrows, replacement reserve accounts, etc.
* Assist Controller and CFO with all aspects for financing, funding, re-structures, securing new mortgages, refinancing, etc.
* Assist with preparation of year-end work paper packages for audits and tax returns to be provided to outside CPAs.
Works closely with CPA to insure timely and accurate completion of returns.
* Answer questions on monthly financials statements.
* Processing AP/AR including reviewing accounts payable batches for proper coding and approvals, priority of payments, supporting documents, etc.
Post reviewed and approved Accounts Payable (AP) batches.
* Assist property manager in annual budget process with Asset and Property Managers.
Job Type: Full-time
Pay: $62,000.
00 - $72,000.
00 per year
Benefits:
* 401(k)
* Health insurance
* Life insurance
* Paid time off
Experience level:
* 5 years
Schedule:
* 8 hour shift
* Monday to Friday
Supplemental pay types:
* Bonus opportunities
Experience:
* GAAP: 1 year (Preferred)
* Real Estate / Property: 1 year (Preferred)
License/Certification:
* CPA (Preferred)
Work Location: In person