Property Accountant

Staffers Inc.; Ridgeland (MS); On-site; USD 52,000 - 76,000; Full time

Job summary

Staffers Inc. is seeking an experienced accounting professional to manage day-to-day accounting functions for commercial real estate properties.

The role emphasizes accurate monthly financial statements, timely bank reconciliations, and maintaining the general ledger with strong communication and analytical thinking. You will support budgets, analyze variances, and coordinate with lenders and CPAs for year-end activities.

Qualifications

• Experience with monthly financial statements for multiple properties.
• Strong analytical and communication skills.
• Proactive and detail-oriented accounting professional.

Responsibilities

• Prepare monthly financial statements for multiple properties
• Prepare monthly bank reconciliations
• Prepare monthly journal entries and maintain the general ledger
• Assist with preparation of annual operating budgets
• Perform a wide variety of accounting analyses
• Review accounts payable and process checks to vendors for assigned properties
• Prepare common area maintenance, insurance, and real estate tax reconciliations
• Compile monthly financial reporting packages with required supporting documentation
• Explain budget variances on a monthly basis
• Monitor cash balances and recommend capital calls and distributions to/from investors
• Facilitate with CPA Firm for year-end tax returns and K-1 distribution to investors
• Open new bank accounts as needed
• Calculate monthly management fees
• Reconciliation of balance sheet accounts and lender escrow accounts
• Responsible for periodic reporting to lenders, calculation of debt service coverage ratios, and ensure compliance with lender requirements
• Communicate with Property Management team regarding tenant ledger and vendor payment issues
• Other duties and responsibilities as assigned

Skills

Analytical thinking

Strong communication

Attention to detail

Job description

Responsible for the day-to-day accounting functions required to produce monthly financial statements for commercial real estate properties. Accuracy and timeliness in the completion of these responsibilities is required. Must possess strong communication skills, good work ethic, and analytical thinking.

Job Responsibilities

• Prepare monthly financial statements for multiple properties
• Prepare monthly bank reconciliations
• Prepare monthly journal entries and maintain the general ledger
• Assist with preparation of annual operating budgets
• Perform a wide variety of accounting analyses
• Review accounts payable and process checks to vendors for assigned properties
• Prepare common area maintenance, insurance, and real estate tax reconciliations
• Compile monthly financial reporting packages with required supporting documentation
• Explain budget variances on a monthly basis
• Monitor cash balances and recommend capital calls and distributions to/from investors
• Facilitate with CPA Firm for year-end tax returns and K-1 distribution to investors
• Open new bank accounts as needed
• Calculate monthly management fees
• Reconciliation of balance sheet accounts and lender escrow accounts
• Responsible for periodic reporting to lenders, calculation of debt service coverage ratios, and ensure compliance with lender requirements
• Communicate with Property Management team regarding tenant ledger and vendor payment issues
• Other duties and responsibilities as assigned