Property Accountant

Onsite location in Northeast Minneapolis

Full-time position - Monday through Friday

Flexible work schedule

Pay: $60,000 - $80,000

Benefits: medical insurance, dental insurance, HSA, FSA, 401k, paid time off, paid holidays, paid parental leave, STD, LTD, life insurance

Level 10 Management has an exciting opportunity for a Property Accountant to join our growing property management team. The Property Accountant is responsible for all financial and analytical procedures working closely with the community managers on performance, variances, and reconciliations. This is a great opportunity for someone who thrives in a fast-paced, entrepreneurial environment with prior property accounting experience.

RESPONSIBILITIES:

• Perform analytical procedures applied to financial data for each general ledger account of all assigned properties on a monthly schedule and coordinates with community managers on performance, variances (positive and negative trends) and reconciliation issues.
• Perform full cycle accounting such as accounts payable and accounts receivable.
• Prepare monthly bank account reconciliations on all property accounts.
• Prepare accurate and timely reports including monthly and quarterly reports, as needed.
• Reconcile gross rent potential, prepaid rent, rent receivable, accounts payable, and accrued expenses with subsidiary ledgers on a monthly schedule to ensure accuracy.
• Prepare annual audit packages for all assigned properties to assist with audits, reviews, compilations, and tax return preparation.
• Liaise with owners and external accountants.
• Prepare fixed asset schedules and insert adjusting journal entries prepared by the tax preparer or auditor.
• Analyze and maintain escrow accounts (tax and insurance), loan amortization, and replacement reserve activity of each assigned property as needed.
• Assist Community Managers with budget preparation, financial statement review, and other support as assigned.
• Complete other duties and projects, as assigned.

• Maintain proper record of depreciation and amortization of fixed assets and leasing commissions.

EXPERIENCE AND QUALIFICATIONS

• BA/BS in Accounting or Finance with 2+ years of real estate accounting experience
• Previous experience or exposure to property management environment highly desired
• Thorough knowledge of general ledger accounting and the application of general accounting theory
• Demonstrated solid conceptual judgment, initiative, and ability to manage complex accounting issues
• High level of customer service
• Strong communication and interpersonal skills, both verbal and written
• Exemplary problem-solving and analytic skills
• Excellent organizational and prioritization skills with a keen sense of urgency, work well under pressure, and consistently meet deadlines
• Advanced Microsoft Office, particularly Word and Excel
• Knowledge of AppFolio software highly desirable but not required

Level 10 Management is an Equal Opportunity Employer.