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Rockville

    Property Accountant - Rockville, United States - latitude

    latitude
    latitude Rockville, United States

    3 weeks ago

    Default job background
    Description
    This position allows remote work after training.


    Salary:
    $70, ,000/year


    Works with the Portfolio Controller in ensuring integrity of financial information for a portfolio of properties in compliance with generally accepted accounting principles (GAAP), company policy and contractual arrangements.

    Ensure internal controls are in place to mitigate risk of material misstatement of financial statements. This is accomplished by reconciliation, analysis and recordation of various tasks and identified internal control activities within the department. (Portfolio size approximately 25-35 buildings and/or 100 leases).


    ESSENTIAL FUNCTIONS:
    Perform assigned month-end close activities of assigned portfolio of properties.

    Propose and/or record monthly journal entries including rental revenue, CAM accrual and direct tenant billings; monthly operating expense contract accruals; and other operating expense accruals.

    Prepare required variance analysis comparing actual against budget and forecasts in current and prior periods. Ensure internal controls are being maintained.
    Review of lease documents to ensure accurate billings and CAM cost pool set-up. Work with Portfolio Controller and Lease Administration to complete annual adjustment billings.
    Work with Portfolio Controller to prepare and analyze budgets and forecasts.
    Monitor and review pay invoices to ensure timely payment and recording as well as proper coding.
    Work with the Portfolio Controller to maintain books and records for assigned properties. Prepare balance sheet account reconciliations for review by Portfolio Controller. Resolve outstanding items using judgment and discretion as appropriate.
    Monitors tenant's accounts for completeness and accuracy. Supports Accounts Receivable function in resolving questions/issues.

    Participates in the due diligence process for acquisitions, dispositions or financing which requires an intense effort in a compressed time frame.

    Participates in maintaining the internal controls and policiesCommunicate any deficiencies in controls to Supervisor.
    Other job-related duties as assigned.


    QUALIFICATIONS:
    Bachelor degree in Accounting or related field is required. For an internal applicant, if you are currently working towards a Bachelor Degree in Accounting, you will be considered.

    Completion of degree is expected within 18-24 months of entrance into position.2-4 years related accounting experience with increased responsibility and strong performance necessary.

    Will consider college graduate with internship experience.
    CPA or CPA Candidate preferred.

    PC proficiency to include but not limited to) Microsoft Office applications (Word, Excel, Outlook, etc.) and ability to learn company specific software.

    Ability to adapt to new or changing software programs. Familiarity with accounting systems such as Voyager required.

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