Property Accountant (Remote)

Rendina Healthcare Real Estate; United States; Remote; USD 65,000 - 75,000; Full time

Job summary

An established industry player is on the lookout for a detail-oriented Property Accountant to join their dynamic team. This role involves full-cycle accounting for a portfolio of properties, ensuring compliance with accounting standards, and collaborating closely with property managers and executives. The ideal candidate will possess strong analytical and communication skills, along with a solid foundation in accounting principles. Join a fast-paced environment where your contributions will directly impact the success of property management operations and help drive exceptional results for clients.

Benefits

Medical insurance

Vision insurance

401(k)

Child care support

Paid maternity leave

Paid paternity leave

Disability insurance

Tuition assistance

Qualifications

• 3+ years of accounting experience in the real estate industry.
• Strong proficiency in Excel and familiarity with Yardi.

Responsibilities

• Perform full-cycle accounting for assigned properties.
• Prepare monthly financial packages and ensure compliance.
• Lead quarterly financial review meetings with management.

Skills

Analytical Skills

Communication Skills

Accounting Standards

Cash Management

Excel

Education

Bachelor’s degree in Accounting

Tools

Yardi

Job description

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Director, Human Resources at Rendina Healthcare Real Estate

Job Title: Property Accountant

Reports to: Controller

About Us:

At Rendina, we are a fast-paced and rapidly growing property management company dedicated to delivering exceptional service and results for our clients. Our team thrives on collaboration and effective communication, driving success in every aspect of our operations.

Position Overview:

We are seeking a detail-oriented and proactive Property Accountant to join our dynamic team. The ideal candidate will perform full-cycle accounting for an assigned portfolio of properties. Strong analytical and communication skills are essential, as you will be required to understand all financial transactions, prepare accurate reporting packages, and ensure compliance with accounting standards for your portfolio. In addition, this position interacts and collaborates closely with property managers, asset managers and company executives.

Key Responsibilities (including but not limited to):

Cash Management & Disbursements:

• Monitor daily cash positions and reconcile monthly bank and mortgage statements.
• Review and approve tenant billings and chargebacks.
• Ensure timely payments of mortgages, taxes, insurance, and ground leases.
• Review and approve all other invoices for proper coding and payment.
• Assist in processing quarterly distributions to owners and investors.

Monthly Reporting:

• Reconcile general ledger accounts and maintain accurate work papers.
• Analyze balance sheet account activity to ensure accuracy of books.
• Complete month-end close procedures within allotted timelines.
• Collaborate with property managers on budget vs. actual variance explanations and prepare monthly financial packages according to ownership requirements.
• Upload reports timely to third-party portals as outlined in ownership and management agreements.

Budgets/Operating Expenses:

• Utilize Yardi’s Advanced Budgeting and Forecasting to create reforecasts and budgets.
• Manage the budget process and timeline by assisting property managers in updating the reforecast and budget to ensure timely completion for deadlines.
• Understand all leases and recovery structures in your portfolio to generate accurate operating expense rate estimates and base rent projections.
• Complete annual operating expense reconciliations timely and accurately.
• Assist property manager with communications of operating expense rate changes and reconciliations by providing appropriate supporting documentation.

Other Responsibilities:

• Review all necessary agreements for your properties and utilize organizational tools to document critical information for future reference.
• Lead quarterly financial review meetings with CFO, Asset Management and Property Management.
• Support the annual audit process and assist with year-end tax procedures.
• Foster a team-oriented environment, working professionally with internal and external customers.
• Help develop and update operational accounting policies and procedures.
• Attend and participate in periodic training sessions.
• Perform other duties as assigned.

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employee(s) will be required to work as a team and follow any other job-related instructions and to perform any other requested job-related duties. Team members are expected to perform these duties with an enthusiastic attitude and to assist wherever necessary to accomplish the Company’s overall goals.

Minimum Qualifications:

• Bachelor’s degree in accounting required.
• Minimum 3 years’ accounting experience in real estate industry/related activities.
• Experience with Excel required.
• Experience with Yardi preferred.

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Child care support

Paid maternity leave

Paid paternity leave

Disability insurance

Tuition assistance

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