Property Accountant - Phoenix (Hybrid)

Job Description

Job Description

Full-time

Dental, Life, Medical, Vision, Simple IRA, Employee Education Program, Professional Development

$60,971.00-$66,897.00

Position Summary :

1st Commercial Realty Group’s goal is to build relationships with experienced property owners and the best local brokers in each market to form a best in class team.

Owners focused on value, Managers focused on management, Brokers focused on leasing, ..a winning formula. Looking for exceptional service?

Expect it with 1st Commercial®. Since 1989 building relationships that last.

The Property Accountant is responsible for day-to-day accounting functions for a portfolio of properties including, but not limited to : accounts payable, accounts receivable, collections accounting, CAM, billings, budgeting and financial reporting (P&L and Balance Sheet).

KEY DUTIES and RESPONSIBILITIES :

• Serves as the accounting liaison to other departments for the assigned property portfolio
• Preparation and distribution of month-end close
• Financial reporting
• Cash management
• Maintain fixed assets
• Assist in the planning of annual budget
• CAM reconciliations
• Tenant billings and balance sheet account reconciliations
• Maintain the overall integrity of the financial records of the assigned property portfolio
• Train entry-level team members
• Review of accounting functions prepared by members of accounting team
• Perform initial review of reports prepared by members of accounting team
• Address day-to-day operation questions / issues
• Prepare and distribute monthly financial reports prepare monthly journal entries, financial statement preparation and bank reconciliations
• Oversee Accounts Receivable process monitor cash receipts, review and bill tenant recurring charges and billing adjustments and perform tenant ledger reconciliations
• Coordinate Accounts Payable process review invoice coding and approvals, and ensure proper audit trail is in place
• Maintain sales information monitor collection of sales and review reports Review leases and leasing activity to ensure accurate billing
• Supervise cash management procedures audit petty cash, oversee service center cash procedures and gift certificate procedures
• Assist with annual budget preparation compile key assumptions and capital budget information, maintain lease level budgeting for all tenants, review and enter budget information into the accounting system, process estimates for miscellaneous income and specialty leasing
• Prepare quarterly reports - quarterly forecast preparation, and provide support to the corporate office in gathering information for the quarterly financial reports
• Annual year-end reconciliation process CAM, percentage rent, insurance utilities, sewer / trash, real estate taxes
• Coordinate payroll reporting process
• Assist in all audits at the property

QUALIFICATIONS :

• Bachelor’s degree in accounting or equivalent experience preferred
• Minimum of 5 years of Commercial Property Accounting experience
• Cash basis and Accrual Accounting required
• Working knowledge of GAAP
• Ability to read, analyze, articulate and compile financial reports
• Effectively manage multiple properties / owner simultaneously in a deadline driven environment
• Exceptional attention to detail
• Strong time management and organizational skills
• Able to work with minimal supervision
• Strong proficiency in Excel
• Proficient at MS Word and Outlook
• Proficient in Accounting Software : AvidXchange, Yardi, RealPage, SharePoint preferred.
• Bi-lingual English / Mandarin, Chinese, Japanese or Cantonese a plus

BENEFITS :

• Retirement Account - Company match contribution
• Dental Insurance
• Health Insurance
• Paid time off
• Vision Insurance

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