POSITION OVERVIEW
The Senior Property Accountant ensures that the financial statements for their portfolio are completed timely and accurately. This includes a detailed review of monthly financial statements and the general ledger, along with reviewing daily transactions to ensure accuracy and compliance with internal and external policies. Additionally, the Senior Property Accountant I assists the Property Management teams with the completion of Annual Budgets and Operating Expense Reconciliations.
Stream's Property Accountants enjoy a defined career path, mentoring, access to established training resources, and a hybrid or remote work schedule all within a company that recognizes Property Accounting's contribution to its ongoing success.
PRIMARY RESPONSIBILITIES
- Provide internal and external reporting of a portfolio/property’s financial results. Prepare the monthly financial statement packages for clients. This work includes creating and posting journal entries recorded to the general ledger, fixed asset depreciation, and amortization schedules, in-depth review of the general ledger and income statement, bank statement reconciliations, in-depth property manager variance comment review, and balance sheet reconciliations. Ensure internal and external reporting deadlines are met.
- Work with Property Management personnel to provide an in-depth analysis of the project’s financial performance. Interact frequently via verbal and written communication with the property management team and the Property Manager(s).
- Interact with Clients as needed on basic/intermediate issues. Include supervisor or manager on complex or advanced issues.
- Support the budgeting process and expense reconciliation preparation review of data at a basic/intermediate level with limited direction from the manager.
- Prepare recurring and ad hoc reports and analyses with limited direction from the manager.
- Act as an internal and external customer service leader and assist the supervisor/manager with more complex issues.
- Share knowledge with team members and act as a resource to Property Accountants.
- Prepare and submit Sales & Use Tax returns, as applicable.
- Manage and review the cash accounts of each project/property; Ensure critical, timely payment of utilities, taxes, mortgages, and owner distributions.
- Review and post cash receipts as needed.
- Review payables. Process vendor invoices for payment as needed.
- Ensure compliance with SOC I requirements.
- Other projects and duties as assigned.