What are the responsibilities and job description for the Property Accountant position at ITEX Property Management LLC?
Description:
Founded in 2002, ITEX Group is a premier real estate investment firm, known for its dynamic approach to asset management, development, and property services. We commit to innovative strategies that lead to exceptional results for our clients and investors. The Property Accountant will work closely with the Controller to ensure fiscal functions are performed in accordance with generally accepted accounting principles (GAAP) including preparing for both external and internal audits.
Responsibilities:
- Prepare and distribute monthly financial reports, including posting journal entries, analyzing expenses, preparing accruals, and reviewing the general ledger, while adhering to company policies and procedures and maintaining effective internal controls.
- Perform cash management functions including but not limited to bank account reconciliations, mortgage payments, and monitor and record cash transactions.
- Review budget, revenue, expense, payroll entries, invoices, and other accounting documents and research and resolve discrepancies as necessary.
- Prepare information for various audits and act as liaison to internal and external auditors by explaining journal entries and financial transactions, providing research data and information as requested, and answering questions necessary to complete the audit in a timely manner.
- Communicate with property managers and other on-site staff to assist in completing end-of-month close out, answer questions, provide support, and ensure timely completion of accounting processes.
- Complete various financial, accounting and administrative duties, and prepare other reports and analyses as assigned or as necessary.
EOE M/W/D/V
Requirements:- Bachelor’s degree in accounting, business, finance, or a related field, preferred or 8 years equivalent experience.
- Accounting experience in real estate and/or property management industry experience preferred.
- Demonstrated proficiency in Yardi Voyager (preferred) and advanced ability with Microsoft Excel.
- Experience with Project Based Section 8, HUD Tax Credit, and affordable housing preferred.