Property Accountant

Job Description

Job Description

Description :

About Fairgrove Property Management :

Fairgrove Property Management provides industry-leading residential property management services to real estate investors and residents throughout Southern California. Founded in 1976, the Irvine, CA-based company makes owning investment properties profitable and effortless. Four decades of experience in the residential real estate sector empowers Fairgrove to deliver a combination of exceptional operational expertise and innovative technology to both owners and residents. The company’s management approach enables stress-free, passive investing for owners, and provides residents with quality housing where service is the highest priority. Fairgrove Property Management operates in four major Southern California markets and is rapidly expanding across the West.

Job Summary

The Property Accountant, under supervision of the Director of Accounting, will be responsible for producing accurate and timely monthly financial reporting for a specified portfolio of communities. Property Accountants work closely with various departments within Fairgrove, as well as Fairgrove clients and vendors on a continual basis to address questions or concerns pertaining to monthly distributions and reporting.

Salary : $62,000 - $72,000

Full-time, 40 hours weekly

In-office position

Medical, Vision, and Dental

Paid Time Off

Requirements :

Essential Job Functions – To perform this job successfully, an individual must be able to perform each essential function satisfactorily.

• Analyze the General Ledger by confirming balances in all accounts.
• Verify expenses are in appropriate accounts.
• Create Excel spreadsheet reports when needed.
• Produce preliminary reports for review and finalize reports once approved.
• Ability to differentiate between various reports and understand how each report affects other reports.
• Analyze specialty invoices (Home Depot, etc.).
• Perform RUBS billing set-up and continued billing.
• Oversee vendor compliance.
• Complete bank deposits.
• Reconcile bank accounts for all owner accounts.
• Assist with owner distributions.
• Set up Subsidized Housing for residents as needed and ensure continued compliance / follow-up.
• Track and process mortgage payments.
• Track and process real property tax payments and monthly impounds.
• Communication skills
• Ability to converse with Portfolio Managers, Community Directors and / or Owners regarding transactions recorded on monthly financials.
• Communicate with On-Site Staff when needed with regard to deposits, A / P invoices, check requests, etc. whether via telephone or email.
• Ability to communicate whether verbal or written with Portfolio Managers, Community Directors and / or Owners regarding issues concerning their property in a timely manner.
• Ability to communicate with various vendors to obtain A / P invoice copies and resolve A / P invoice issues.

Qualifications