Senior Property Accountant

TITLE:Senior Property Accountant

 

REPORTS TO: Chief Financial Officer

 

POSITION SUMMARY: Maintain General Ledger and prepare Financial Reports. Review invoices/coding, empower business managers on financial improvements, assist in Budgeting process, and prepare Year End Work Papers.

 

KEY AREAS:

I. Budgets

II. General Ledger Maintenance

III.  Review Invoices/Coding

IV.  Work with Property and Operating Business Managers on Incremental Financial Improvements

V.  Financial Reporting (Internal & External)

VI.  Year End Work Papers

 

JOB DESCRIPTION:

I.  Budgets

-  Prepare Budget models for upcoming year

-  Assist Property Manager with certain line items including income projections and depreciation/amortization schedules

II.  General Ledger Maintenance

-  Review G/L monthly to verify accuracy of transaction postings

-  Prepare Journal Entries as necessary.

-  Interface with Operations and Corporate (Cash Management, Property Management, Accounts Receivable, Accounts Payable and Lease Administration) to resolve issues.

III.  Review Invoices/Coding

-  Regularly review invoice coding for consistency and accuracy of coding.

-  Apprise Chief Financial Officer of invoices that may not have been budgeted or that may cause unfavorable budget variances.

IV.  Work with Property and Operating Business Managers on Incremental Financial Improvements

-  Empower operational business managers to make business decisions that improve the financial performance of their business units.

-  Financial Report Writing.

V.  Financial Reporting (Internal & External)

-  Produce monthly financial statements, including cash flows and projections on a monthly basis.

-  Prepare quarterly reports and variance analyses as required.

-  Participate in monthly meetings to review financial statements.

VI Year End Work Papers

  -  Make necessary year end adjustments in order to finalize financial

  statements.

-  Prepare appropriate schedules to support year end balances.