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Head of Commercial Property Accountant

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Accounting / Control
Location
Bloomfield Hills
 MI
Postal Code
48304
Country
United States

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Description


Responsibilities:

  • Property Mgmt Duties:

    Prepare/Review Property Financial Statements

    Onboard/Offboard managed properties

    Prepare/Review Annual CAM Reconciliations

    Prepare/Review Operating Budgets for Managed Properties

    Oversee AP/AR

    Manage Property Accounting Staff

     

    Corporate Duties:

    Prepare Corporate Financial Statements

    Prepare Annual Corporate Budget

    Calculation and Payment of Brokerage Commissions

    Payroll Administration

    Coordinate annual and new hire benefit enrollments

    Oversee AP/AR


Additional responsibilities:

  • Managing of property funds daily, including preparation of Cash Flows and ad-hoc reconciliations
  • Review and approval of all payables batches prior to check processing
  • Review and approval of tenant receipt batches, correctly identifying the application of each receipt
  • Reconciliation of all bank statements, with follow-up and timely resolution of all reconciling items
  • Review and approval of monthly scheduled charges for tenants
  • Calculation and entry of non-recurring charges such as quarterly billings or late fees onto tenant accounts
  • Preparation and review of the annual property budget
  • Preparation and review of the CAM, real estate tax, insurance, and other miscellaneous reconciliations
  • Preparation of 1099 data for each property in portfolio
  • Assistance to the property manager in any tenant billing disputes
  • Assistance with property turnover of assignments
  • Preparation and review of quarterly/mid-year financial statements, including reforecasting
  • Participation in staff meetings
  • Ad-hoc property specific and department related special projects

Job Function


  • Accounting / Control
 

Job Sector


  • Retail
 

Experience


N/A


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