The Portfolio Accountant (Internally known as Staff Accountant) is responsible for learning to oversee the day-to-day accounting functions for a portfolio of multifamily properties. The Staff Accountant will analyze the general ledger activity, prepare monthly financial statements, and manage cash position of a portfolio. Represents the company in a professional and courteous manner.
Essential Job Functions:
Responsible for portfolio of multifamily rent properties; analyzing general ledger activity to ensure revenue and expense are correctly recognized and prepared in agreement with the client requirements and the applicable accounting principles.
Prepares monthly financial statements for the assigned portfolio to ensure an accurate representation of the companys financial position; including but not limited to closing entities books on a monthly basis, preparing journal entries, balance sheet and income statement analysis and reconciliation.
Manages cash position of portfolio; calculating distributions per client requirements, committing cash to approved payables and communicating any cash deficits for funding.
Manages capital escrows, verifying repairs are completed on a timely basis, and submitted per terms of loan agreements.
Completes bank reconciliations on a monthly basis and assists in the detection/correction of adjustments in a timely manner.
Completes special projects as assigned.
Minimum Qualifications/Skills:
4-year accounting degree, or equivalent experience
Knowledge of standard accounting practices and procedures
Microsoft Excel and Microsoft Office application skills
Strong written and oral communication skills
Ability to work in a fast paced, deadline driven environment
Desired Qualifications/Skills:
Bachelors or Associates degree in Accounting or Related Field
Minimum Qualifications/Skills:
4-year accounting degree, or equivalent experience
Knowledge of standard accounting practices and procedures
Microsoft Excel and Microsoft Office application skills
Strong written and oral communication skills
Ability to work in a fast paced, deadline driven environment
