Property Accountant

Linium Resources; New York (NY); On-site; USD 60,000 - 80,000; Full time

Job summary

Linium Resources, a major realty firm in New York City, is seeking a professional in Cash Management and Tenant Billing. The candidate will prepare cash flows, monitor bank accounts, and handle billing for tenants.

The role requires 2-5 years of experience in commercial property accounting, including financial analysis and reconciliation tasks. Join a company with a strong reputation in the industry, offering a dynamic work environment.

Qualifications

• 2-5 years of experience in commercial property accounting.
• Proficient in cash flow preparation and monitoring.
• Ability to perform bank and security reconciliations.

Responsibilities

• Prepare cash flow each month for Controller.
• Monitor and initiate transfers for bank accounts as needed.
• Reconcile petty cash and record transactions.

Skills

Commercial property accounting

Financial analysis

Budgeting

Cash flow management

Reconciliation skills

Job description

Major realty firm specializing in Commercial properties here in NYC. They offer decades of experience, often setting the standard for the modern real estate industry.

Cash Management and Tenant Billing

• Prepare cash flow each month (QUACP) for Controller
• Monitor bank account and initiate transfer between money market, rent and checking account when needed.
• Work with AR manager and building manager to monitor delinquency.
• Apply cash receipts when AR manager is out.
• Bill tenants for legal charges, hvac, and other misc charges.

AP

• Check all bills for proper coding and all account that require job codes
• Process all commissions and legal invoices
• Reconciliation-bank reconciliation, security reconciliation and escrow reconciliation.
• Reconcile petty cash
• Record all wire transactions
• Record all year end reversals and accruals
• Record all year end auditors adjusting entries
• Complete monthly closing
• Monitor capital schedule and commission schedules

Budgeting and Financial Analysis

• Working with the building manager and chief engineer to prepare budgets for the building and fee entity
• Work with AR manager when necessary to prepare real estate and porter wage escalation
• Analyze and prepare variance reports for monthly meetings
• Prepare monthly sales tax returns

Qualifications

• 2-5 years of commercial property accounting

Additional Information

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the U.S. without sponsorship and to complete the required employment eligibility verification document form upon hire.