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Property Accountant – Market Center

The following statements are to describe the general nature and level of the work being performed by the individual and are not intended to be all-inclusive. They represent essential elements and criteria necessary to successfully perform the job. It is generally agreed that other duties may be assigned from time to time.

Summary

The Property Accountant is responsible to assist the Accounting, Property Management and Project Management teams in the day to day accounting of an assigned portfolio of properties, as well as preparation and submittal of state & local excise and business taxes.

Responsibilities

Primary Responsibilities

General ledger responsibility for specific properties including preparation of periodic reports to include but not be limited to Financial Reports (monthly, quarterly) and annual budgets.
Understanding of GAAP reporting.
Monthly journal entries.
Accruals for expense and capital items.
Recurring entries for taxes and insurance.
Post entries for depreciation and amortization.
Account reconciliations and supporting schedules.
Accounts Receivable.
Solid understanding of lease administration process.
Review abstracted leases language.
Review billing information.
Review rents collected from tenants by reviewing the daily cash receipts reports and monitoring the Accounts Receivables ledgers.
Support collections process with late fee letters/default notices and communicate with Property Manager as needed.
Prepare TI/Capital Tracking Documents.
Manage Construction Management Fee process and generate invoices monthly.
Create Management Fee invoices.
Create Lease Commission invoices.
Calculate monthly/quarterly excise tax payments to state and cities.
Provide back-up for the Controller for monthly financial reporting.
Provide general support to the accounting team.
Audit support and compliance.
Operating Expense Recoveries.
Take on special projects as necessary.

Skills and Abilities

Accounts receivable experience.
Good oral and written communication skills.
Strong record-keeping and organizational skills.
Strong computer skills, including Microsoft Word, Excel, and Outlook.
Experience with MRI & Kardin preferable, Yardi a plus but not required.
General clerical experience.

Minimum Qualifications

3 years of relevant experience preferred.
Proficient in MS Word and Excel.
Bachelor’s degree in Accounting, a plus but not required.

Urban Renaissance Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

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URBAN RENAISSANCE GROUP

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Property Accountant – Market Center