Sr. Property Accountant

We are partnering with a Regional Property Management company seeking an experienced Property Accountant for their team in Brooklyn Park.  They are a people-first company and seeking like-minded professionals that are service-focused individuals and people who care about the company they represent (professionalism), the property they work at (pride), and the people they serve.

This opportunity will have visibility to the leadership team, in addition to collaborating with field and property managers. The role will offer leadership to those on the accounting team and be an internal resource to other parts of the operation for accounting and finance inquiries. If you are looking for a collaborative team where your work product will have a direct impact on the success and direction of the business- we want to share more with you!

The Senior Property Accountant will be responsible for maintaining monthly and annual financial reporting, cash management, year-end audits, bank compliance reporting, and budgeting.  You will also assist the controller and senior management in meeting company deadlines and provide assistance and guidance to the company’s leadership team with proper recognition of accounting transactions.

ESSENTIAL FUNCTIONS:

• Monthly reporting, Cash Management
• Complete the accounting cycle for assigned multi‐family housing and commercial properties using accrual accounting
• Complete month‐end journal entries including accruals and depreciation, complete required monthly state reporting, compile reports for monthly presentation
• Analyze financials for month-to-month differences, research, and explain variances.
• Cash management
• Meet with management staff monthly to go over balance sheet, income statement, and outstanding receivables.
• Provide training and support to property management regarding accounting transactions
• Oversee the day‐to‐day processing of transactions in an effective, timely, and accurate manner.
• Review and manage accounts payable and receivable.
• Analyze, research, and resolve invoice inconsistencies and discrepancies, Delegate and coordinate financial responsibilities to ensure the team’s efficiency.
• Control payment of invoices based upon approvals obtained and services received.
• Provide reports to Property Management for payment processing
• Submit monthly compliance reporting with Minnesota Housing, Comply with U.S. Department of Housing and Urban Development requirements
• Maintain draw copies and files, payable files, data processing files, vendor records, and 1099 information.
• Process payments received at the corporate office by using a check scanner and/or manually depositing at the bank.
• Maintain Accounts Receivable for commercial properties and other properties as necessary.
• Reconcile corporate office credit card statements, Maintain in‐house collection records, and send out initial collection letters on a monthly basis. Send all unresolved collections to Collection Agency and provide information to Collection Agency as necessary.
• Year‐end audit preparation; Prepare audit packets and send to auditor according to schedule, Respond to audit requests in a timely and thorough manner, and ensure management letter comments are kept to a minimum
• Budget preparation; Work with CFO, controller, director of property management, and regional managers to prepare annual budgets. Participate in and supervise budget uploads.

JOB QUALIFICATIONS:

DESIRED EDUCATION AND EXPERIENCE

• Accounting BA/BS or equivalent and at least five years of solid property management accounting experience.
• Excellent computer skills in Excel and other Microsoft Office applications.
• Knowledge of and experience in property management software.

KNOWLEDGE, SKILLS, AND ABILITIES

• Experience in financial statement preparation and review, budgeting, and year‐end audits.
• Working knowledge of GAAP accounting and relevant tax laws.
• Strong financial analysis skills.
• Proficiency in Excel and property management applications and accounting software.
• Possesses strong interpersonal communication skills and relationship-building skills to effectively work with a variety of people and personalities, including developing relationships with customers, prospective customers, vendors, and coworkers.
• Uses solid judgment to make decisions and give recommendations and advice to other team members. Takes initiative to come up with and implement solutions.
• Responsible for being a resource to compliance and property managers with regard to tenant ledgers, move‐outs, and other transactions.
• Understand and display high levels of internal and external customer service by responding to requests by other team members in a timely manner.
• Maintains an organized system for handling work, including responding to emails, voicemails, manager requests, etc.
• Ability to plan, prioritize, coordinate, and manage own work. Able to work unsupervised and solve routine problems independently, effectively, and creatively.
• Detail‐oriented, organized, and applies effective time management skills in order to meet all deadlines.
• Displays flexibility to meet the organization’s unique needs.
• Proactive and takes ownership of work; operates with a sense of urgency.
• Demonstrated ability to work under pressure and meet deadlines.