Property Accountant
Distro
full-time
Posted on:
Location Type: Remote
Location: Colombia
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Salary
💰 $1,300 - $1,800 per month
About the role
- Prepare and analyze monthly financial statements for each property, ensuring accuracy and compliance with accounting standards.
- Collaborate with property management teams to collect and verify financial data, including income, expenses, and capital expenditures.
- Generate accurate and timely detailed financial reports for stakeholders, providing insights into property performance and financial trends.
- Post monthly journal entries and prepare monthly financial reports for a portfolio of properties, including reclasses and accruals provided by onsite community managers.
- Prepare lender replacement reserve draws as needed.
- Record recurring monthly journal entries and update month-end reporting workbook to reconcile balance sheet accounts.
- Coordinate the accrual process with the on-site managers monthly.
- Review and code invoices in the AP processing system.
- Reconcile all bank accounts and credit card statements monthly.
- Complete routine real estate tax reconciliations.
- Assist with the preparation of annual operating budgets.
- Attend monthly financial review meetings and provide insights to leadership related to financial reporting.
- Oversee treasury management, engaging in short-term and long-term cash planning on a daily and weekly basis.
- Closely monitor current cash balances held by properties.
- Provide forecasts of cash requirements routinely to management.
- Assist in the calculation of cash available to distribute when applicable.
- Assist management with special projects and other tasks assigned.
- Process and review property-related invoices, ensuring accuracy and proper coding.
- Manage tenant billing and collections, addressing any outstanding balances and coordinating with property management on delinquencies.
- Reconcile property bank accounts and resolve discrepancies promptly.
- Work with external tax consultants to ensure timely and accurate filing of property-related tax returns.
- Stay informed about changes in tax laws and regulations that may impact property accounting practices.
- Assist in the preparation of schedules and documentation for annual audits.
Requirements
- Required: Bachelor’s degree in accounting, finance, or related field.
- Preferred: CPA designation.
- Proficiency in accounting software (e.g., Onesite, MRI).
- Advanced Excel skills.
- Knowledge of Generally Accepted Accounting Principles (GAAP).
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial analysisjournal entriesfinancial reportingbudget preparationcash forecastingtax reconciliationinvoice codingproperty management accountingaccrual accountingfinancial statement preparation
Soft Skills
collaborationcommunicationattention to detailproblem-solvinginsight generationorganizational skillsleadershiptime managementadaptabilityproject management
Certifications
Bachelor’s degree in accountingBachelor’s degree in financeCPA designation