The chosen candidate will play a crucial role in ensuring precise financial reporting and delivering valuable financial insights to both management and clients.
Responsibilities:
Daily:
- Address tenant billing inquiries promptly and efficiently.
- Record daily cash transactions using Yardi software.
- Review and confirm deposit postings.
- Undertake ad-hoc projects and analyses as directed by management.
Weekly:
- Manage cash positions for Accounts Payable (AP) selection and distributions.
- Reconcile bank accounts.
- Prepare weekly expense forecasts.
- Monitor rent collections aligned with monthly mortgage payment dates.
- Coordinate with the Collections department for timely rent collection.
Monthly:
- Prepare monthly management reports.
- Reconcile and oversee bank accounts, escrows, tenant security, and general ledger accounts.
- Post-adjusting journal entries for mispostings, accruals, etc.
- Generate financial statements such as Income Statements, Balance Sheets, and Trial Balances.
- Accurately process rent billing.
- Review leases to ensure all eligible chargebacks are accounted for.
- Analyze month-to-month billing comparison reports.
- Review and approve sundries, late fees, etc.
- Manage sales tax returns.
- Conduct month-end closings for accounts payable, accounts receivable, and general ledger.
- Verify general ledger against cash reports for accuracy.
- Maintain utility logs for each property for timely payment and expense analysis.
Annually:
- Assist in preparing property budgets.
- Collaborate with the Leasing Department to review current and projected leases for revenue forecasting.
- Coordinate with the Operations Department to review prior year expenses for expense forecasting.
- Provide external accountants with necessary work papers and research inquiries for year-end audits.
Requirements:
- Bachelor’s Degree (B.A./B.S.) from an accredited four-year college or university.
- Essential experience in the real estate industry.
- Proficient knowledge of GAAP and financial reporting standards.
- Familiarity with CAM/Tax billings is advantageous.
- Proficiency in MS Word and Excel.
- Strong interpersonal skills.
- Effective leadership abilities.
- Excellent verbal and written communication skills.
- Outstanding organizational skills.