Property Accountant at RSI

Large PrivatelyHeld Real Estate Company seeking a Property Accountant to be responsible for the accurate, timely and complete preparation of all required financial information for their assigned properties, the timely identification and communication of issues relating to their properties and ensuring that all accounting activities within the assigned area of responsibility comply with corporate policies and procedures.

General Responsibilities :

· Maintain the property’s books and records in accordance with the company’s policies and procedures.

· Ensure compliance with the company’s internal controls and separation of duties.

· Attend periodic Asset Team meetings and provide assistance with requests.

· Assist Accounting Manager with accounting projects. This may include, but is not limited to special transactions (i.e. acquisitions, dispositions and refinancing of property) and systems related projects.

· Read and understand the partnership (or LLC) agreement, the property management agreement and any loan documents related to assigned property or properties.

· Ensure the timely identification and communication of issues relating to their assigned entities to appropriate parties.

o Id entify new or changing circumstances at the earliest opportunity and appropriately communicate in a timely manner. Follow through to be certain that identified issues are brought to closure on a timely basis.

o Promptly respond to inquiries from internal clients and external contacts. Follow through to ensure resolution.

o Maintain regular contact and build solid working relationships with Property Managers, Lease Administration and Asset Teams within assigned properties to ensure a high level of customer service as measured by manager observation and feedback from principal customers.

o Reach out to peers to identify solutions to issues.

o Bring issues and concerns to manager’s attention on a timely basis.

o Prepare monthly entries for prepaid expenses, accrued liabilities, depreciation, amortization, and straight-line rent adjustments.

o Prepare GAAP basis financial statements including appropriate supporting documentation (see quarterly responsibilities below).

Education/Experience :

· Bachelor’s degree (B.A. or B.S.) in Accounting or related field from a four-year college or university.

· Minimum 2 years’ experience in accounting with 1 of those years in property accounting.

· Experience with a national accounting firm and/or real estate investment/commercial property management firm highly desirable.

· Experience with Yardi desirable.