Innovate Consulting seeks a Property Accountant for our esteemed Real Estate Client based in Houston.
Responsibilities:
- Prepare monthly/quarterly/annual financial statements following GAAP guidelines for portfolios, ensuring accurate reconciliation of balance sheets, income statements, and cash flows.
- Maintain and update balance sheet supporting schedules, creating new schedules as needed.
- Record transactions, analyze general ledgers for property portfolios, and review general ledger activities.
- Execute accruals and post journal entries to the general ledger.
- Oversee property manager operating expenses accruals and posting to the general ledger.
- Ensure precise invoice coding and approval processes.
- Manage lease procedures, including tenant setup in accounting software, and assess lease discrepancies.
- Estimate and reconcile tenants’ operating recovery expenses.
- Post and review tenants’ recurring charges and review cash receivables payments.
- Handle security deposit charges and complete accounting deposit refunds.
- Support budgeting and reforecasting processes.
- Review bank reconciliations.
Qualifications:
- Bachelor’s degree in accounting or 5+ years of property accounting experience, with a focus on financial production in accordance with GAAP.
- Proficient in the accrual method of accounting.
- Strong attention to detail, prioritization, and time management skills.
- Self-motivated with robust analytical abilities.
- Capable of working effectively in a team and delivering high-quality results under tight deadlines.
- Proficiency with Yardi and MS Office software.
- Minimum of 3 years of commercial property management accounting experience, including full-cycle accounting expertise.
