This position reports directly to the Sr. Property Accounting Manager. The Property Accountant is responsible for all bookkeeping/accounting functions related to the properties/communities they are assigned to prepare and audit monthly. This position is also responsible for all monthly reports and filings related to the sites they are assigned.
The Property Accountant works closely with Community Managers and Regional Portfolio Directors. Position requires a working knowledge of Microsoft Excel and Word and a thorough knowledge of accounting principles.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Preparation of monthly Owner Reports
Input revenue in general ledger from community reports
Audit site information for accuracy and correctness
Approve and Commit payables for assigned communities
Post all cash activity via Journal Entry
Prepare necessary adjusting journal entries
Calculate Income and Expense Accruals and post to General Ledger
Post labor expenses
Print and review all financial statements and general ledger
Compile site information to be included in Owner Reports.
Forecast and Manage Cash for assigned communities
Update BS Support Schedules monthly
Calculate Management Fee payable to Shelton-Cook RES
Calculate, audit and prepare monthly sales tax returns
Reconcile all bank accounts to general ledger cash balances
Communicate with Community Managers and Regional Portfolio Directors
Other related accounting projects as requested
Prepare monthly owner distribution calculations for assigned communities
Bachelor Degree in Accounting preferred.
Excellent verbal and written communication skills.
Strong attention to detail and excellent organizational and follow-up skills.
Experience and Proficiency using MS Word, MS Excel and Adobe Acrobat.
Ability to communicate with staff and site employees in a concise manner.
Complete knowledge of Cash and Accrual Basis accounting.