Lucas Group is partnering with a real estate investment company in the Denver Tech Center to identify a Property Accountant. The Property Accountant is responsible for maintaining the monthly financials for a group of properties on a specific portfolio and ensuring that these financials are completed timely at month-end.
PRIMARY RESPONSIBILITIES:
- Preparation of monthly financials, workbooks and schedules
- Review Jr. Accountants' work
- Resolve and research outstanding balance sheet items in a timely manner
- Create and maintain client specific schedules, if applicable
- Replacement Reserve preparation
- Complete CAM reconciliations, and maintain leases on LORA, if applicable
- Ensure timely payment of the following regardless of payment method (Ex. lender escrow, third party service, in-house, etc.)
- Real estate property taxes
- Personal property taxes
- Insurance
- Utility accounts
- Monitor A/P balance
- Cash management-monitoring including but not limited to:
- Maintain weekly cash sheet and review of A/P
- Review the bank reconciliation prepared by the Jr. Accountant and resolve outstanding items
- Client distributions
- Reserve true ups
- Reallocation of funds
- Assist with annual audit and tax preparation requests
- Review of annual budget for the following but not limited to:
- Coding errors
- Assumptions based on prior year performance
- Accounts missing a budget
- Preparation and review of the final monthly reporting package.
- Completion of AME Report Card in a timely manner
- Work with property staff on multiple items including but not limited to:
- GPR issues that were not resolved pre-close and working with Software Support to get these issues resolved
- Write-offs
- Reclass and Accruals
- Variance Notes
- Completes all other projects or requests as assigned by Supervisor
- Participate in department initiatives.
- Keep Accounting Managers informed of all necessary items
QUALIFICATIONS:
- Bachelor’s degree in accounting or related field required
- 2-5 years of accounting experience with a concentration in Real Estate
- Yardi experience preferred
- An understanding of accounting principles and how to apply them
- Proficient in Microsoft Excel
- Strong written and verbal communication skills
- Ability to collaborate with others to address and solve problems
- Positive attitude, organization with strong attention to detail required
