Summary:
Under the supervision of the Accounting Manager, the Property Accountant is responsible for overseeing key financial operations related to their assigned property portfolio. Core areas of responsibility include Accounts Receivable, Accounts Payable, Financial Reporting, and support for the Year-End Audit process.
This role collaborates closely with the Property Management team to exchange, review, and verify financial data relevant to properties managed by Burbank Housing. The Property Accountant must possess a strong ability to prepare, analyze, and interpret financial statements, and provide support in the preparation of audit documentation and reporting as needed.
Specific Duties and Responsibilities:
1.Post monthly rent and subsidy & HUD payments
2.Deposit tenant checks, laundry, replacement reserve, and other checks
3.Process move in/move out/unit transfer/AR write offs
4.Process NSF notice
5.Look over property receivable for errors; check property alerts
6.Month-end AR reconciliation, TSD recon & all other AR related functions
7.Process payable invoices for assigned properties; record electronic payments & all other AP related functions
8.Print association invoices and apply for association payments and updates
9.Property taxes, annual/biannual payment for various agencies
10.Property statement filing
11.Process Property Mgmt., Acct Fee, Resident Service & Compliance Fees
13.Due to Due from bank Manual Checks & Payroll Payback manual checks
14.Manual receipts for due to due forms
15.Property reserve transfers
16.Preperation of journal entry, and reclassifications
17.Mortgage reconciliations
18.Prepare monthly bank reconciliations
19.Compile monthly financial package (generated by Yardi software)
20.AOE reports yearly
21.Upload property budgets
22.Assist with Loan Confirm yearly
23.Assist with end of year 1099 process
24.Assist with end of year tax return filing
25.Prepare end of year audit items
26.Assist property managers with their accounting questions and solve problems
27.Assist the Accounting Manager or Accounting Operations Supervisor with projects when needed
28.End of year Loan and Cash Confirm project
29.Property review of financial and financial notes
30.Post audit item true up
Qualification Requirements:
The requirements listed above and in the summary are representative of the knowledge, skills, and/or ability required.
Job Knowledge/Skills:
- Accuracy and attention to details
- Ability to work cooperatively and effectively with a diverse group of people, both on- and off-site.
- Strong analytical and problem-solving skills.
- Demonstrated ability to handle multiple tasks and prioritize workload.
- Property accounting/management
- Yardi experience
Education and/or Experience:
Three (3) years’ work experience in the property bookkeeping or accounting field with an emphasis on accounts payable/receivable. Experience in property management organizations. A combination of relevant education and experience may be substituted for practical experience. A Degree with an emphasis in Accounting or an Accounting Certificate is preferred.
Language Skills:
- Ability to read, interpret, analyze, and maintain tenant ledgers.
- Ability to write clear and concise business correspondence.
- Strong ability to effectively communicate with field employees via telephone and email.
Reasoning Abilities:
Ability to interpret accounting reports, generally accepted accounting principles (GAAP), Ability to collect data establish facts, investigate variances and discrepancies, draw valid conclusions, and make recommendations.
Other Skills and Abilities:
1. Proficiency in Microsoft Excel.
2. Working knowledge of standard software and systems: Adobe Pro, Windows XP, Word, and Outlook.
3. Working knowledge of Yardi accounting software is a huge plus.
Company DescriptionFor over forty years Burbank Housing has helped shape Sonoma County. Born out of local government, we formed as a separate nonprofit with a mission to serve as many people in the North Bay as possible. We’ve built over 3,200 affordable rental units in over 70 properties, as well as building and selling over 900 affordable homes. We’ve created vibrant local communities that are viable and sustainable for their residents. But while we enjoy a celebrated history, we’re focused on the future. There’s much more work to do here in Sonoma County, and beyond.Company DescriptionFor over forty years Burbank Housing has helped shape Sonoma County. Born out of local government, we formed as a separate nonprofit with a mission to serve as many people in the North Bay as possible. We’ve built over 3,200 affordable rental units in over 70 properties, as well as building and selling over 900 affordable homes. We’ve created vibrant local communities that are viable and sustainable for their residents. But while we enjoy a celebrated history, we’re focused on the future. There’s much more work to do here in Sonoma County, and beyond.