JobsAccountantUnited StatesProperty Accountant
CRM Residential
Posted 6 days ago
Property Accountant
CRM Residential · Pleasantville, New Jersey, United States
In short
The Property Accountant is responsible for day-to-day accounting functions, including preparing monthly GAAP financial statements and bank reconciliations. They also manage fixed assets, monitor cash balances, and assist with annual audits and budget preparation.
What they're looking for
MUST-HAVE SKILLS
ALSO MENTIONED
The position requires a bachelor’s degree in accounting and at least 3 years of relevant experience. Strong analytical, communication, and organizational skills are essential for success in this role.
About CRM Residential
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Questions about this role
- Is this CRM Residential role remote?
- Tagged on site.
- What does it pay?
- The posting lists $55,000–$60,000 a year.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 2-5 years.
The posting, in full
Description PROPERTY ACCOUNTANT Basic Function: Under the direction of the Controller and CFO, the Property Accountant is responsible for the day-to-day accounting functions required to produce monthly GAAP financial statements for properties owned by investment funds or in other joint venture structures. Accuracy and timeliness in the completion of the workload is required in this position. Strong communication skills, good work ethic, analytical thinking, a bachelor’s degree in accounting and at least 3 years of experience are required and experience in the real estate field is preferred.
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Description
PROPERTY ACCOUNTANT
JOB DESCRIPTION
Basic Function:
Under the direction of the Controller and CFO, the Property Accountant is responsible for the day-to-day accounting functions required to produce monthly GAAP financial statements for properties owned by investment funds or in other joint venture structures. Accuracy and timeliness in the completion of the workload is required in this position. Strong communication skills, good work ethic, analytical thinking, a bachelor’s degree in accounting and at least 3 years of experience are required and experience in the real estate field is preferred.
Duties Include
- Financial Reporting:
- Prepare monthly bank reconciliations
- Record monthly adjusting and accrual entries
- Update fixed asset system for additions and disposals and record monthly
depreciation/amortization
• Monitor cash balances and recommend capital calls and distributions from/to
investors
• Prepare monthly financial statement analysis according to GAAP with variance
reporting
• Compile monthly financial statement package with required supporting
documentation
- Distribute financials to lenders/owners
- Attend owner meetings, as necessary
- Assist in the annual audit and tax return preparation
- Assist in annual budget preparation
- Record electronic payments
- Additional duties as assigned by management
Requirements
- 2-3 years of accounting experience
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