Property Accountant

Keystone Distinction Group; Boca Raton, Northern (FL, KY); Hybrid; USD 65,000 - 90,000; Full time

Job summary

Keystone Distinction Group seeks a Property Accountant in Boca Raton to manage month-end close and prepare financial statements for a large real estate portfolio.

Responsibilities include posting journal entries, reconciling balance sheets, reviewing P&L for construction projects, and coordinating wire transfers. Requires 3+ years in accounting and a Bachelor's degree.

Qualifications

• 3+ years of accounting experience and full financial statement preparation.
• Experience with month-end close and journal entries.
• Strong bank reconciliation and cash-management skills.

Responsibilities

• Prepare and post monthly journal entries and perform bank reconciliations.
• Complete balance sheet schedules and ensure accurate monthly reporting.
• Reconcile loan balances with lenders and prepare financial statements for portfolio entities.
• Manage cash activity including wire transfers and recording cash transactions.
• Prepare bank reconciliations and support monthly draws as needed.

Skills

Accounting

Financial reporting

Bank reconciliations

Journal entries

Education

Bachelor's Degree in Accounting

Tools

Excel

ERP system

Job description

Our client is one of the largest companies in the Real Estate Development space and they are looking for a Property Accountant to join their team in their beautiful modern Boca office. The Property Accountant's primary responsibilities include managing month-end close processes and preparing financial statements. This involves preparing and posting journal entries, analyzing balance sheet accounts, reviewing construction P&L accounts, and initiating all wire transfers for their region. Additional duties include reviewing the property management financial statement package, overseeing cash management, and preparing monthly draw requests.

What you'll be doing:

• Gathers required information for month-end close by preparing and entering monthly journal entries, performing bank reconciliations, and maintaining cash sheets.
• Completes balance sheet schedules to ensure accurate reporting of monthly financials and reconciliation of balance sheet accounts.
• Reconciles monthly interest and loan balances with lender statements.
• Prepares financial statements and supporting schedules for all entities within the assigned portfolio.
• Manages cash activity, including initiating wire transfers and recording all cash-related transactions for the portfolio promptly.
• Prepares bank reconciliations.
• Participates in company-provided training, including safety, anti-discrimination, information systems, and harassment prevention.
• Adheres to all company standards, health and safety regulations, and applicable local, state, and federal laws.

Experienceyou bring to the table:

• 3+ plus years experience in accounting and full financial statement preparation.
• Bachelors Degree