Property Accountant

Cornerstone Companies, Inc
Published
March 22, 2020
Location
Indianapolis, IN
Category
Job Type

Description

Property Accountant

Cornerstone Companies, Inc. 

 

Location: Indianapolis, Indiana

Employee Type: Full – Time

Industry: Real Estate – Property Management

Job Type: Accounting

Education: 4 Year Degree

Experience: At least 5 years, Real Estate Accounting Experience Preferred

 

Responsibilities

·         Directly support the Director of Property Acquisitions

·         Manage the accounting of a portfolio of multiple buildings

·         Cash and accrual based processes, depending on the property

·         Full cycle accounting for clients, including:

o   Tenant rent statements

o   Accounts Payable

o   Accounts Receivable

o   Bank Reconciliations

o   Journal Entries

o   Cash Management

o   Complete preparation of customized financial statements and supporting schedules

·         Prepare timely and accurate financial statements for a portfolio of properties, including General Ledger, actual to budget variance review, spreadsheet preparation and knowledge of real estate accounting software

·         Interface with banking institutions on behalf of the portfolio

·         Maintain a working knowledge of mortgage agreements and management agreements for assigned properties

·         Ensure that real estate taxes are tracked and paid timely

·         Assist Property Manager in rent collections through preparation of standard correspondence and generating aging reports

·         Assist Property Manager in responding to Tenant and Owner requests for financial information

·         Assist in the preparation of budgets and cash forecasts

·         Prepare year-end reports for tax professionals

·         Produce and report 1099 and 1096 activity annually

 

Requirements

·         Bachelors Degree in Accounting or Finance

·         Minimum of  5 years of accounting experience

·         Experience working with general ledgers (creating journal entries, establishing accruals, actual preparation of financial statements)

·         Proficiency with Microsoft Word and Excel

·         The qualified candidate will be detail oriented, uses time effectively and efficiently, dedicated to meeting the expectations and requirements of the customer, able to handle multiple projects simultaneously, customer service oriented and extremely professional

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