What are the responsibilities and job description for the Property Accountant position at TOK Commercial?
Description
Are you a self-motivated and highly resourceful person who is capable of dominating the markets we serve? Do innovation, information, and teamwork excite you? Are you an avid learner who is always looking to improve?
We're looking for an experienced Property Accountant to join our team! TOK is a family-oriented commercial real estate company that truly values our employees. Our comprehensive benefits plan includes healthcare options that are paid for or partially paid for by TOK, a 401(k) and match, a competitive salary with profit-sharing bonuses, three weeks paid time off, and many other unique non-monetary benefits.
This position is team-focused and will work closely with several property managers that make up the property management team.
Who We Are:
- Locally and independently owned company founded in 1991.
- The leading commercial real estate firm in Idaho.
- Voted by our employees as one of Idaho’s Best Places to Work for seventeen (17!) consecutive years. We encourage you to join our team and see why!
As a Property Accountant, a typical day includes performing these essential duties and responsibilities:
- Oversee Accounts Receivable and Accounts Payable transactions, including reconciliation of general ledger to subsidiary accounting ledgers.
- Perform period close activities, including processing of journal entries and batch transactions, reconciliation of balance sheet accounts, analysis of variances against historical financial data and budget information.
- Prepare and review monthly financial statements for managed properties for correct property and expense coding. Resolve issues with Property Manager and/or Director of Accounting, as necessary.
- Monitor A/R and provide guidance to Property Manager regarding collection effort.
- Provide professional, responsive accounting support to property managers, property owners, tenants, and vendors. Communicate financial property concerns to the Director of Accounting.
- Prepare comprehensive year-end financial packages for all managed properties.
- Assist in design, implementation, and ongoing execution of accounting controls.
- Participate in annual budgeting process by reviewing budgets prior to owner submission and providing Property Managers with assistance as needed.
- Understand lease abstracts and recoveries; input and administer lease accounting within Yardi software.
- Assist with oversight of internal controls over various areas of Property Management such as cash, accounts payable, vendor records, financial statement accuracy, etc.
- Assist with expanding the effective utilization of Yardi and accompanying technology.
- Backup other accounting staff as needed.
- Reliable and predictable attendance required.
- Other duties as assigned by Management.
Requirements
Essential knowledge, skills and abilities needed to succeed:
- Bachelor’s Degree in accounting required.
- A minimum two years of experience in accounting including general ledger exposure. Experience in property management accounting a plus.
- Proficient skills in Microsoft Office software, intermediate Excel skills required. Experience with Yardi software a plus.
- Strong interpersonal skills, a collaborative style, and the ability to communicate effectively at all levels inside and outside of the organization.
- Ability to maintain professional relationships within team while providing high levels of customer service by communicating clear and timely responses to issues, requests, and problems.
- Proactively approach problem solving and look for opportunities for business improvement.
- Ability to remain professional while occasionally working in stressful situations.