Property Accountant

COPT; Columbia (MD); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Health benefits

Job summary

CDP is seeking an accounting professional in the United States (Maryland/Columbia) to manage books for an assigned property portfolio and perform month-end close activities. The role includes recording journal entries, preparing variance analyses, and maintaining internal controls.

You will interact with Property Management to review results and assist with budgets and forecasts. Required: Bachelor's in accounting or related field; 1–3 years’ accounting experience; CPA/Candidate preferred;

Qualifications

• Bachelor’s degree in accounting or related field is required.
• CPA or CPA Candidate preferred.

Responsibilities

• Maintain books and records for assigned properties.
• Perform month-end close activities for the portfolio.
• Record journal entries including rental revenue, CAM accrual and tenant billings; record operating expense accruals.
• Prepare variance analysis comparing actuals to budget and forecasts.
• Prepare Balance Sheet reconciliations for review.
• Ensure internal controls are maintained.
• Collaborate with Property Management teams to review financial results and update forecasts.
• Prepare budgets and forecasts with Portfolio Controller.
• Monitor PO activity and vendor invoices for timely payment and proper coding.
• Participate in annual operating expense true-up for tenants.

Skills

Analytical skills

Communication skills

Independent working

Education

Bachelor’s degree in accounting or related field

CPA or CPA Candidate

Tools

Microsoft Office

Accounting software

Job description

• Work with Portfolio Controller to maintain books and records for assigned properties.
• Perform assigned month-end close activities of assigned portfolio of properties.
• Propose and/or record monthly journal entries including rental revenue, CAM accrual and direct tenant billings; monthly operating expense contract accruals; and other operating expense accruals.
• Prepare required variance analysis comparing actual against budget and forecasts in current and prior periods.
• Prepare Balance Sheet account reconciliations for review by Portfolio Controller.
• Resolve outstanding items using judgement and discretion as appropriate.
• Ensure internal controls are being maintained.
• Participate in regular recurring meetings with Property Management teams to review financial results, discuss outstanding A/R and to update quarterly forecasts with Property Managers. Collaborate with and provide support to Property Management teams as needed.
• Work with Portfolio Controller to prepare and analyze budgets and forecasts
• Monitor and review purchase orders and pay invoices to ensure timely payment and recording as well as proper coding.
• Participate in the annual operating expense true-up process to ensure accurate billings or refunds to tenants in accordance with the lease requirements.

SECONDARY RESPONSIBILITIES

• Monitors tenant’s accounts for completeness and accuracy.
• Supports Accounts Receivable function in resolving questions/issues.
• Participates in the due diligence process for acquisitions, dispositions or financings which requires an intense effort in a compressed timeframe.
• Participates in maintaining the internal controls and policies of CDP.
• Communicate any deficiencies in controls to Supervisor.
• Other job-related duties as assigned.

QUALIFICATIONS

Education:

• Bachelor’s degree in accounting or related field is required

Further Training

• CPA or CPA Candidate preferred.

Professional Experience:

• 1-3 years related accounting experience with strong performance necessary.
• Will consider college graduate with CDP internship experience.

Computer Skills:

• PC proficiency to include but not limited to) Microsoft Office applications (Word, Excel, Outlook, etc.) and ability to learn company specific software.
• Ability to adapt to new or changing software programs.
• Familiarity with accounting systems required.

Mobility:

Other Requirements:

• Strong analytical, technical, and interpersonal and communication skills required.
• Demonstrated ability to manage and comprehend multiple and complex business transactions and documents simultaneously with good and possibly independent judgment.
• Must have strong critical thinking skills.
• Must possess solutions-based approach to identified areas of opportunity.
• Must be able to work independently.
• Must possess a working knowledge of GAAP and Sarbanes Oxley.

Pay Range: $70,000 - $90,000

CDP proudly offers to all employees working a minimum of 30 hours per week market-leading health benefits including medical, dental, vision and prescription, etc.

Education

Required

Bachelors or better in Accounting.

Experience

Preferred

1-3 years related accounting experience with strong performance necessary.

Licenses & Certifications

Preferred

CPA

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.