Real Estate Accountant

Pfefferle Management, a division of Pfefferle Companies, Inc., is Wisconsin’s largest property management company of commercial real estate, managing over 13 million square feet which consists of more than 200 commercial properties with 1,500 tenants in nearly 40 cities throughout Wisconsin. Pfefferle Management is a family owned business that has experienced consistent growth in the 50 years since its founding.

Pfefferle Management is looking for an experienced accountant to work with property owners and property managers to proactively manage the finances of commercial real estate properties, with an emphasis on managing cash flow and ensuring accurate budgeting to meet the ongoing and future needs of the property.

Responsibilities:

· Monthly accounting close, balance sheet schedules, reconciliations, and prepare timely and accurate financial/operating report packages for properties.

· Review the balance sheet and income statement to ensure all transactions are recorded appropriately and timely. Analyze and understand fluctuations in account balances and identify drivers.

· Reconcile general ledger accounts with supporting schedules on a monthly basis.

· Prepare monthly financial reports in accordance with owner specifications.

· All financial transactions that are processed through the properties by performing balance sheet analysis, operating expense review, P&L variance analysis, cash flow projections.

· Calculate and record appropriate depreciation and amortization of fixed assets, tenant improvements, leasing commissions, and other in-tangibles.

· Preparation and/or review of the CAM, real estate tax, insurance and other miscellaneous reconciliations and assist Property Managers to assure accuracy.

· Assist property manager in any tenant billing disputes.

· Assist in property budgeting and forecasting – compile key leasing assumptions and capital budget information, maintain lease level budgeting for all tenants. Enter budget/forecast information into the accounting software system, review data for accuracy, and provide applicable variance comments.

· Cash management functions including bank reconciliations, bank transfers, owner distributions/cash sweeps, and payment processing.

· Research, analyze and effectively communicate complex accounting issues and escalate appropriately.

· Effectively communicate and collaborate with clients and property management in a timely manner.

· Assist in the setup and transitions of properties which may include loading beginning balance information, sale pro-ration calculations, and closing entries.

· Assist in the set-up of new properties – units, leases, bank accounts.

· Review invoices for proper coding and reasonability of the expenses as compared to budget.

· Utility and tenant bill backs.

· Understand leases and expense recoveries.

· Coordinating with property managers regarding property activity.

· Communicate with Property Managers and/or owners if funding is needed.

· Work with auditors and tax accountants to ensure quality year-end financial statements

· Adhere to accounting policies and procedures initiated by owner.

· Assist and/or lead special projects.

· Perform other related duties as required or requested.

Qualifications:

Bachelor’s Degree in Accounting or Finance

5 years accounting experience (Real Estate/Construction Industry a plus)

Proficient with Microsoft Office

Experience with Property Management Software a plus.

Team player

Strong customer service skills

Ability to handle confidential information

Ability to prioritize projects, requests, and deadlines

Self-starter with strong problem solving skills

Reports to:

Chief Financial Officer

Job Type: Full-time

Pay: $29.00 - $33.00 per hour

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Paid time off
• Vision insurance

Experience level:

• 5 years

Physical setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental pay types:

• Bonus opportunities

Ability to commute/relocate:

• Appleton, WI 54911: Reliably commute or planning to relocate before starting work (Required)

Experience:

• GAAP: 2 years (Preferred)

License/Certification:

• CPA (Preferred)

Work Location: In person

Salary : $29 - $33