Property Accountant

Job Description

Job Description

We are looking for a detail-oriented Property Accountant to join our team in Wauwatosa, Wisconsin. In this role, you will oversee various aspects of financial management for property portfolios, ensuring accuracy and compliance. The ideal candidate will have strong analytical skills and a proactive approach to problem-solving.

Responsibilities :

• Manage cash flow by monitoring balances, reconciling bank statements, and utilizing online banking tools.
• Review and approve accounts payable transactions, addressing vendor payment issues and providing recommendations.
• Oversee accounts receivable processes, including generating tenant charges, analyzing payments, and maintaining accurate reports.
• Prepare and review journal entries and ensure accuracy within the general ledger.
• Utilize accounting software to manage lease abstracts, rent amounts, and set up new properties and tenants.
• Coordinate routine software maintenance and updates with IT vendors.
• Process owner distributions, file transaction privilege tax forms, and manage real estate tax and mortgage payments.
• Maintain and update fixed asset records, including additions, deletions, and cost segregation studies.
• Organize and maintain electronic accounting files for assigned portfolios.
• Communicate effectively with internal teams and external clients to address financial matters and ensure seamless collaboration.
• Proven experience in property accounting, including cash management and financial reporting.
• Proficiency in Yardi software or similar property management systems.
• Strong knowledge of general ledger and accrual accounting principles.
• Demonstrated ability to handle month-end close processes with precision.
• Exceptional analytical and organizational skills.
• Effective communication abilities for interacting with team members and clients.
• Familiarity with preparing tax filings and managing fixed asset records.
• Bachelor's degree in accounting, finance, or a related field preferred.