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We are seeking a qualified Property Accountant to join our accounting team. As Property Accountant, you will be responsible for managing financial reporting to ensure accurate and timely financial operations. Your role will involve preparing and reviewing financial statements, handling vendor documentation and payments, and assisting with tenant reconciliations and lease setups. Utilizing your proficiency in Yardi and NorthSpyre, you will collaborate with internal and external customers to maintain efficient and effective accounting processes. Your commitment to excellence and detail-oriented approach will contribute to the organization's financial integrity and operational success.
Job Responsibility:
Record journal entries
Record expense accruals, property tax & prepaid insurance
Prepare and review financial statements
Provide support schedules
Provide balance sheet reconciliations
Reconcile bank accounts monthly & timely
Perform NOI & Net Income analysis quarterly
Ensure lender reporting deadlines are met
Review NorthSpyre for approved invoices
Review approved invoice support and ensure lien waivers are documented
Prepare the construction draw package accurate, complete & timely
Respond to lender requests on draws
Ensure lease set up is performed accurate, complete & timely
Record lease cost accrual within same reporting month of lease execution
Monitor lease construction progress
Ensure revenue recognition occurs in accordance with lease terms
Ensure revenue recognition is stated correctly on rent roll posting
Review actual/spec revenue provided by operations, rent roll testing, commercial analytics & leasing team to ensure reasonableness. Load into Yardi
Load expenses into Yardi
Assist with prepaid insurance projections
Assist with property tax assumptions
Perform management fee calculation
Perform Yardi recovery within budget timeline for operations review
Assist with Non-Recoverable expenses: Bank Charges, Legal Fees, Vacant Space, R& M
Record non-standard entries
Yardi: Assist with property set up
Yardi: Monitor disposition activity until final distribution and bank account closure
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