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Property Accountant at CRM Residential
Pleasantville, New Jersey, United States -
Full Time

Start Date

Immediate

Expiry Date

04 Oct, 26

Salary

60000.0

Posted On

07 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Financial Reporting, Bank Reconciliations, GAAP, Fixed Asset Management, Variance Reporting, Audit Preparation, Tax Return Preparation, Budget Preparation, Analytical Thinking, Communication Skills

Industry

Real Estate

Description
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
Responsibilities
The Property Accountant manages day-to-day accounting functions to produce monthly GAAP financial statements for investment funds and joint ventures. Key duties include bank reconciliations, fixed asset updates, and coordinating with lenders and owners.