Senior Property Accountant

Employer
Cordia Resources
Location
Washington, DC
Posted
Nov 26, 2021
Closes
Nov 29, 2021
Ref
227658610
Function
Accountant
Hours
Full Time
Our client, a full service, progressive Property Management/Real Estate company in Washington, DC has an exciting opportunity for a Property Accountant to join their property management team. The Property Accountant is responsible for all financial and analytical procedures for a group of assigned properties working closely with the community managers on performance, variances, and reconciliations. Great opportunity to join a dynamic and growth-oriented team. Salary $75k-85k depending on experience. Responsibilities Perform analytical procedures applied to financial data for each general ledger account of all assigned properties on a monthly schedule and coordinates with community managers on performance, variances (positive and negative trends) and reconciliation issues. Analyze and maintain escrow accounts (tax and insurance), loan amortization, and replacement reserve activity of each assigned property as needed. Assist Community Managers with budget preparation, financial statement review, and other support as assigned. Perform quarterly and semi-annual internal audit functions as assigned. Prepare annual audit packages for all assigned properties to assist with audits, reviews, compilations, and tax return preparation. Track cash flow activity for each property in the assigned portfolio. Reconcile gross rent potential, prepaid rent, rent receivable, accounts payable, and accrued expenses with subsidiary ledgers on a monthly schedule to ensure accuracy. Prepare fixed asset schedules and insert adjusting journal entries prepared by the tax preparer or auditor. Perform annual completion of DC Property Income and Expense forms. Prepare monthly bank account reconciliations on all property accounts. Prepare accurate and timely reports including monthly and quarterly reports, as needed Experience and Qualifications BA/BS in Accounting or Finance with 3+ years of real estate accounting experience Previous experience in a real estate environment highly desired Thorough knowledge of general ledger accounting and the application of general accounting theory Advanced Microsoft Office, particularly Word and Excel Knowledge of Yardi software highly desirable bdibari@cordiaresources.com