Residential Property Accountant

Our Residential Property Accountant position is a vital component to our business’ success.  Because our company owns and maintains a diverse portfolio of properties and we have a wide mix of tenants, this position is integral to supporting our residential property customers and management team.  We seek an individual who demonstrates integrity, high attention to detail, excellent communication skills, dependability and a track record of following through on commitments with the highest level of service, both internal and external.  The ideal candidate will be a strong team player who is willing to demonstrate drive and initiative with a positive and professional approach, demonstrates problem-solving skills, can change direction in response to changing work situations, and can accommodate different working styles and cultures.  The ability to support sensitive issues, deal with ambiguity, and exercise time management in order to prioritize workload is key.


About the position: Under minimal supervision this position performs assignments in accounting related to the general ledger, analyzing accounts, records, reports, journal vouchers and other accounting documents for accuracy and completeness. Processes and inputs A/R adjustments including reversals, additional billings, general invoices, and transfers, posting of cash receipts, monthly rent rolls, accounts payable invoices, accounts receivable aging, journal entries and assist with the annual budget preparation. May prepare balance sheets, profit and loss statements, and other financial reports. Responsibilities include analyzing trends, costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. Reports organization's finances to management, and offers suggestions about resource utilization, and assumptions underlying budget forecasts.


Essential Duties and Responsibilities include the following:
Accounts Receivable:
Approve cash receipts batch for posting Enter and delete electronic payments Manage Paypal (website) accounts Maintain historical records by filing documents Work with residential property manager to maintain tenant accounts and ledger variances Process tenant vacates (subsequent billings or refunds) Prepare aging reports Monthly tenant billings for rent and late charges Monthly closings Reconcile tenant security deposits to GL liability account Perform account adjustments as necessary Prepare 3-day notices Work with collection agency Work with attorney to obtain writs and judgments Implement rental increases as directed Research and stay current with landlord-tenant eviction and collection laws Work with debt recovery agencies to collect judgments and vacated tenant files

Accounts Payable:
Assist property manager with invoice coding Cost analysis as needed Ensure proper allocation and authorization of expenses

General Ledger:
GL account reconciliations and entries as necessary Assist in month end closing as necessary GL entries as necessary Financial statement analysis Maintain fixed asset records Prepare monthly P & L statement and review with property manager and upper management Sub-ledger reconciliations Analyze budget differences

Other:
Update or create policies and procedures Establish replacement reserves Assist property manager in preparation of annual budgets Assist property manager with competitive set analysis spreadsheet Prepare working papers for external auditors Prepare rent rolls and P/L for financing requests Assist VP for Accounting with special projects Customer service support to include answering phones, assisting customers at the front desk and with office coverage Perform other duties as assigned

Key duties:
Review customer accounts and respond to customer inquiries Charge monthly rents, late-fees, and invoice reimbursable tenant costs Manage PayPal customer (website) account setup and removal Post 3-day notices to pay or vacate as required, follow-up as necessary, and work with attorney or property manager as needed. Submit accounts to collection agency and monitor status of accounts May assist with preparing balance sheets, profit and loss statements, and other financial reports. Work with debt recovery agencies to collect judgments and vacated tenant files.


Experience in property management field and IRES (MRI) accounting software or similar property management software is desired.  Successful candidates must be able to pass drug screen and background check.

 

To best serve our residential property customers, this position works Tuesday thru Saturday 8:00 a.m. – 5:00 p.m.

 

About Rowley Properties, Inc.:

Founded in 1954, Rowley Properties is a family-owned and operated property management and development firm that purchases, develops, leases, and manages property throughout Western Washington. We offer commercial, office, manufacturing, light industrial, residential, and storage space, good space for your work, home, and things. Our mission is to help businesses succeed, families belong, and communities prosper. For more information about Rowley Properties, Inc. please visit our website at www.rowleyproperties.com