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    Property Accountant - San Antonio, United States - Merit Commercial Real Estate

    Merit Commercial Real Estate
    Merit Commercial Real Estate San Antonio, United States

    2 weeks ago

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    Description

    Job Description

    Job Description

    Position Summary:

    The Property Accountant will be responsible for various accounting tasks, ensuring accurate financial reporting, and providing support to the property management and finance teams.

    Key Performance Outcomes:

    • Reconcile all accounts across all entities within ten (10) days of month end
    • Achieve a 100% on-time completion rate for financial reporting
    • Maintain journal entry accuracy rate of 99% or higher
    • Maintain account reconciliation accuracy rate of 99% or higher
    • Record and pay all commissions in the same month received with an accuracy rate of 99% or higher

    Key Responsibilities:

    • General Accounting:
      • Prepare and maintain accurate financial records for multiple entities within the company
      • Perform month-end close procedures, including journal entries, account reconciliations, and financial statement analysis
      • Assist in the preparation of financial reports, budgets, and forecasts
      • Monitor and analyze general ledger accounts to ensure accuracy and completeness of transactions
      • Collaborate with other departments to gather necessary financial data and resolve discrepancies
    • Property Accounting:
      • Assist Property Manager is property-level accounting activities, such as rent roll analysis, lease administration, and tenant billing
      • Assist Property Manager as needed to reconcile property-level accounts, including bank accounts, security deposits, and accounts receivable/payable
      • Assist in the preparation of CAM (Common Area Maintenance) reconciliations and property tax assessments
      • Maintain accurate records of property-related financial transactions and ensure compliance with lease agreements
    • Multi-entity Accounting:
      • Coordinate and consolidate financial information from multiple entities within the company
      • Assist in the preparation of intercompany transactions and reconciliations
      • Ensure compliance with regulatory requirements and accounting standards across all entities
      • Support the preparation of consolidated financial statements, as needed

    Qualifications and Skills:

    • Associate's degree in Accounting, Finance, or related field.
    • CPA certification or progress towards certification is preferred.
    • 3-5 years of relevant accounting experience, preferably in the commercial real estate industry.
    • Strong knowledge of accounting principles and practices, including construction and property accounting.
    • Experience with multi-entity accounting is highly desirable.
    • Proficiency in using accounting software (Yardi experience preferred)
    • Proficiency in using Microsoft Office, particularly Microsoft Excel.

    Competencies:

    • Efficiency in work performance – ability to produce significant output with minimal wasted effort
    • High attention to detail – does not let important details slip through the cracks
    • Excellent organizational skills – plans and organizes in an efficient and productive manner and has the ability to prioritize well
    • Teamwork – reaches out to peers and cooperates with supervisors to establish an overall collaborative working relationship
    • Strong communication skills – ability to speak and write clearly and articulately in all forms of communication
    • Proactivity – acts without being told what to do after assignment is received and brings new ideas to the company.
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