Property Accountant II

Stream Realty

Oregon

Hybrid

USD 60,000 - 80,000

Full time

11 days ago

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Benefits offered by this job

Medical/Dental/Vision
401(k) with company matching
PTO and holiday pay
Health Savings Account

Job summary

Stream Realty Partners is seeking a Property Accountant II to join our team. You will gain experience with full-cycle G/L accounting, prepare comprehensive monthly financial statements, and work with the Property Management team on Budgets and Reconciliations.

The role includes a hybrid work schedule, ongoing training, and opportunities to advance within a fast-growing commercial real estate services firm.

Qualifications

  • 2-4 years of related accounting/reporting experience.
  • Solid understanding of accounting principles.
  • Excellent communication skills, both verbal and written.
  • Ability to interact with Clients and team members.
  • Self-motivation, ability to multi-task, and thrive in a deadline-oriented environment.

Responsibilities

  • Provide internal and external reporting of a portfolio/property's financial results.
  • Prepare monthly financial statement packages for clients with journal entries and reconciliations.
  • Review the general ledger and income statement for accuracy and compliance.
  • Assist the Property Management team with Annual Budgets and Reconciliations.
  • Support tax returns preparation and utility, tax, and mortgage payments.

Skills

G/L accounting
Financial reporting
Excel
Communication

Tools

Yardi
MRI

Job description

Company Description

ABOUT STREAM REALTY PARTNERS (STREAM)Founded in 1996, Stream began with a vision that put people—not brick and mortar—at its foundation. That vision continues to shape who we are today. Headquartered in Dallas, TX, and operating in core markets coast to coast, we complete billions in annual transactions across office, industrial, retail, healthcare, land, and multifamily properties. With millions of square feet under assignment, we are one of the fastest-growing, full-service commercial real estate services firms in the country. Behind that growth is our talented team and distinct culture, grounded in four core values: smart, honest, nice, and passionate. For more information, visit and follow us on LinkedIn, Instagram, X and Facebook.

IMMEDIATE IMPACT. MEANINGFUL CAREER.

At Stream, we know our success begins and ends with our people. It is the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our clients' needs while instilling you with unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won't simply start a new job—you will build a meaningful and impactful career.

Job Description

The Property Accountant II enjoys an assigned mentor, a defined career path, access to established training resources, and a hybrid work schedule, all within a company that recognizes property accounting's contribution to its ongoing success. The Property Accountant 2 will gain valuable experience with full cycle G/L accounting. He or she will ensure that the financial statements for their portfolio are completed timely and accurately. This includes a detailed review of monthly financial statements and general ledger along with reviewing daily transactions to ensure accuracy and compliance with internal and external policies. Additionally, Property Accountants assist the Property Management team with the completion of Annual Budgets and Reconciliations.

PRIMARY RESPONSIBILITIES
  • Provide internal and external reporting of a portfolio/property's financial results. Prepare the monthly financial statement packages for clients. This work includes creating and posting journal entries recorded to the general ledger, fixed asset depreciation, and amortization schedules, in-depth review of the general ledger and income statement, bank statement reconciliations, in-depth property manager variance comment review, and balance sheet reconciliations. Ensure internal and external reporting deadlines are met.
  • Interact frequently via verbal and written communication with the property management team and the Property Manager(s) regarding accounting and financial information.
  • Interact with Clients as needed on basic or intermediate issues. Include supervisor or manager on complex or advanced issues.
  • Support the property budgeting process and expense reconciliation preparation through the review of data.
  • Prepare recurring and ad hoc reports and analyses as required.
  • Prepare and submit Sales & Use Tax returns, as applicable.
  • Manage and review the cash accounts of each project/property; Ensure critical timely payment of utilities, taxes, mortgages, and owner distributions.
  • Review and post cash receipts as needed.
  • Review payables. Process vendor invoices for payment as needed.
  • Ensure compliance with SOC I requirements.
  • Provide excellent external and internal customer service.
  • Other projects and duties as assigned.
Qualifications
  • 2-4 years of related accounting/reporting experience.
  • Analytical and accounting skills commensurate with experience level.
  • Solid understanding of accounting principles.
  • Excellent communication skills, both verbal and written. Ability to listen and ask questions for clarification.
  • Ability to interact with Clients and team members.
  • Self-motivation, ability to multi-task, and thrive in a deadline-oriented environment.
  • Ability to take initiative in solving routine/intermediate problems and present possible solutions to supervisor.
  • Intermediate competence in Microsoft Excel and Outlook.
  • Knowledge of various accounting software; Yardi and/or MRI experience is a plus.
  • Full-cycle G/L accounting and real estate industry experience are a plus.
Additional Information

#LI-Remote

Stream is an equal-opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sexual orientation, gender identity, age, national origin, disability, military status, or any other reason prohibited by law.

Stream Realty Partners offers competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan with company matching, PTO, and holiday pay.

Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons.

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