Property Accountant

Overview

• Join a dynamic team as a Property Accountant, contributing to financial operations within the real estate development sector.
• Ensure accurate financial data management for development projects, supporting strategic decision-making processes.
• Collaborate with cross-functional teams to monitor project costs and optimize expenditures.
• Provide expertise in month-end and year-end financial closings and reporting.
• Utilize advanced accounting principles to maintain compliance with industry standards.
• Engage with vendors to ensure accurate invoice processing and payment management.
• Contribute to financial analyses, evaluating investment returns and profitability metrics.
• Support audit processes by collaborating with external auditors and providing necessary documentation.

Key Responsibilities & Duties

• Execute month-end and year-end closings, preparing journal entries and financial reports.
• Monitor construction expenses and project costs, identifying cost-saving opportunities.
• Process vendor invoices, ensuring accuracy and resolving discrepancies.
• Reconcile intercompany accounts and consolidate financial ledgers for reporting accuracy.
• Maintain project cash flows, ensuring adequate funding and addressing challenges.
• Conduct financial analyses of development projects to assess profitability and risks.
• Collaborate with auditors during annual reviews, ensuring compliance and accuracy.
• Perform administrative tasks related to financial recordkeeping and documentation management.

Job Requirements

• Bachelor's degree in Accounting is required; Master's degree or CPA certification preferred.
• Minimum of 5 years of accounting experience, with a focus on real estate development.
• Proficiency in Generally Accepted Accounting Principles (GAAP) and industry-specific standards.
• Advanced skills in MS Excel and familiarity with Yardi software preferred.
• Strong analytical and problem-solving capabilities.
• Excellent attention to detail and accuracy in financial reporting.
• Effective communication and interpersonal skills for team collaboration.
• Ability to work independently and manage multiple priorities efficiently.