Senior Property Accountant I (Independence Regional Office) at WinnCompanies

Independence, Ohio, United States

WinnCompanies Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, Property ManagementIndustries

Requirements

  • Bachelor's degree in Finance, Accounting or Business
  • 3-5 years of relevant work experience
  • Experience with web-based applications and computer systems such as Microsoft Office Suite
  • Prior experience working in public accounting or Real Estate industry
  • Prior experience with property management systems such as RealPage
  • Strong base knowledge of accounting principles (ex. GAAP, financial statements, journal entries, audits, etc.)
  • Superb attention to detail
  • Excellent time management and prioritization skills
  • Experience reviewing general ledgers and identify budget variances
  • Ability to focus, achieve deadlines and work with a dynamic team of professionals
  • Excellent customer service skills, positive attitude and a strong work ethic
  • Outstanding verbal and written communication skills
  • Ability to plan, organize, and prioritize work

Responsibilities

  • Perform the completion of bank and escrow reconciliations
  • Ensure timely payment of mortgages, management fees, escrow funding, real estate taxes and insurance renewals
  • Perform analysis of escrow surplus/deficit
  • Monitor security deposit balances to ensure adequate funding
  • Analyze and record month-end accruals
  • Reconcile prepaid expense balances and prepare related schedules
  • Maintain key information and facts for each property
  • Review and analyze monthly financial statements for accuracy and completeness in accordance with US GAAP and related regulatory requirements
  • Prepare the accounting portion of the operating budget in accordance with company’s budget guidance
  • Coordinate audit related tasks, prepare detailed workpaper packages and respond to auditor requests for information to meet all investor/agency reporting deadlines
  • Monitor cash balances, reserve adequate funds based on analysis performed and communicate cash available to pay vendors to operations team
  • Coordinate the cash analysis process for clients and any other bulk process including annual and bi-annual distribution payments
  • Function as a coverage for Accounting Supervisors including participate in external financial calls with clients
  • Research & resolve financial issues for less experienced accountants
  • Maintain alternate chart of accounts and special schedules as needed
  • Assist Accounting Supervisor with property transition
  • Prepare journal entries relating to property acquisition, disposition, refinancing, re-syndication, etc
  • Onboard, train and assist less experienced and/or new hired accountants on company policy and procedure
  • Maintain and update accounting job aids, policy and procedure for primary functions as assigned

Skills

Key technologies and capabilities for this role

Bank ReconciliationsEscrow AnalysisMonth-End AccrualsFinancial StatementsUS GAAPBudget PreparationAudit CoordinationCash Flow AnalysisReal Estate TaxesInsurance RenewalsYardiExcel

Questions & Answers

Common questions about this position

What is the work arrangement for this role?

The role offers a hybrid schedule, with in-office work required on Mondays through Wednesdays and remote work on Thursdays and Fridays.

What education and experience are required?

A Bachelor's degree in Finance, Accounting or Business is required, along with 3-5 years of relevant work experience.

What key skills are needed for this position?

Candidates need strong base knowledge of accounting principles like GAAP, superb attention to detail, excellent time management and prioritization skills, and experience reviewing general ledgers and identifying budget variances.

What is the salary or compensation for this role?

This information is not specified in the job description.

What makes a strong candidate for this Senior Property Accountant role?

Ideal candidates have prior experience in public accounting or the Real Estate industry, experience with property management systems like RealPage, and the ability to work with a dynamic team while training less experienced accountants.

WinnCompanies

Property development and management services

About WinnCompanies

WinnCompanies stands out as an excellent workplace due to its commitment to enhancing community living through advanced property management technologies. This organization not only focuses on creating meaningful living experiences but also fosters a culture that values innovative approaches in property development. Working here means joining a team dedicated to quality in the real estate sector, with a consistent effort towards optimizing resident satisfaction and property performance.

Washington St, Boston, MA 02108, USAHeadquarters
1971Year Founded
$1.4MTotal Funding
SEEDCompany Stage
Real EstateIndustries
1,001-5,000Employees

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