Transformco
Property Accountant
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Job Description
- Req#: 1020658BR
- Prepares and analyzes monthly financial reporting including variance analysis (actuals to budget, month-over-month)
- Prepares bank reconciliations by comparing the bank statement with the balance in the general ledger, to ensure alignment and identifies and corrects any discrepancies
- Performs cash flow analysis to identify areas of financial weakness and presents findings to management
- Analyzes transactions and prepares journal entries to record property acquisitions and dispositions
- Responsible for month-end close, prepares monthly journal entries, accruals, allocations and account reconciliations
- Prepares and analyzes quarterly and annual financial statements and debt covenants
- Provides regular and ad hoc reporting and analysis as required
- Records monthly debt activity, prepares debt account reconciliations and creates lender compliance reporting. Corresponds with lenders and resolves any concerns
- Collaborates with accounting team and other departments, as well as participates in business projects as assigned and makes recommendations for continuous process improvements
- Bachelors Degree
- 3-4 years of related experience
- 18 years of age or older
- Bachelor's degree in Accounting
- Minimum of 3-4 years of experience in general accounting, real estate accounting experience a plus
- Strong knowledge of Generally Accepted Accounting Principles; superior attention to details and proactively resolve issues
- Ability to leverage technology, systems, and automation to scale
- Excellent verbal and written communication skills
- Aptitude to collaborate across teams, cross functionally to complete projects
- Strong decision making and problem-solving skills
- Demonstrated ability to prioritize and multi-task in a fast paced, changing environment
- Microsoft Office 365 and Yardi experience required
Job Description
JOB SCOPE:
The Property Accountant is responsible for the preparation of monthly reporting including journal entries, account reconciliations, preparation of financial statements of assigned real estate entities and debt compliance reports required for lenders and actively participate in financial and business projects..
JOB SUMMARY:
The Property Accountant will be responsible for the monthly accounting activities including recording journal entries and preparation of monthly balance sheet reconciliations and financial statements for assigned real estate entities.
REPORTS TO:
Accounting Manager, REResponsibilities/Skills/Experience Requirements
JOB DUTIES/RESPONSIBILITIES:
Years Experience
2 - 5 Years Experience
Travel Requirements
None
Country
United States
Work-In City
REMOTE
Work-In State
REMOTE
Work-In Postal Code
REMOTE
Business
Transformco Corporate
Job Function
Real Estate
Employment Category
Regular, Full-time
Compensation Range
$90,000
Additional Compensation Explanation
N/A
EEO/EOE Footer
Equal Opportunity Employer / Disability / Vet.
Posting Tags
#Corporate, #RealEstate, #Remote
Company Brand
Transformco
Location City
HOFFMAN ESTATES
About the company
We are transforming Transformco® into an integrated retail company that provides superior value through trusted brands, great products and convenient, reliable services. We want you to be a part of our journey. Are you in?
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