Real Estate Accountant
Doran Companies is seeking a Property Accountant to join their team. This role involves preparing monthly financial reports for residential properties and managing various accounting functions for a portfolio of properties with complex accounting needs.
Responsibilities
- Approve invoices and process checks
- Ensure timely payment of bills and collection of rents
- Maintain accurate records of accounts payable and receivable
- Monitor debt levels and compliance with lender debt covenants
- Maintain invoice inbox
- Manage the accounting on multiple multi-family properties
- Ensure that all projects, month-end, and year-end reports are completed accurately and on time
- Prepare monthly financial statements to investors and lenders
- Establish a system of internal controls to ensure timely and accurate reporting
- Coordinate, prepare and review monthly, quarterly, and annual reports
- Prepare, consolidate, and review monthly financial statements
- Calculate and report monthly financial and operating metrics to senior leadership
- Perform bank reconciliations and prepare year-end papers for outside tax accountants
- Prepare monthly bank reconciliations, A/P, and A/R
- Support site property teams by participating in budgeting and cash flow forecasting
- Prepare annual budgets and operating expense reconciliations
- Analyze budget variances and report significant issues
- Prepare year-end audit/tax packages
- Monitor and order stock of accounting supplies (toner, checks, envelopes) through the appropriate vendors
- Stamp and mail checks
- Organize accounting mail
- Fed Ex payments & taxes
- Sort accounting mail and distribute to appropriate staff
- Maintain and improve accounting policies and procedures
- Assist in preparation of tax returns and compliance with tax regulations
- Maintain records for property tax assessments and payments
Skills
- Experience preparing and analyzing financial statements
- Must be a self-starter and be able to work independently
- Analytical ability to develop and implement improvements and recommendations
- Must have great attention to detail
- Highly proficient in Excel and Microsoft applications
- 1 to 3 years of relevant experience in accounting or accounting-related field
- 1 to 3 years minimum experience in real estate/property management and commercial accounting
- Must have a valid driver's license and reliable source of transportation
- Experience with Yardi, SAGE, or Timberscan is a plus
- Commercial experience is a plus
Benefits
- Competitive Pay with bonus opportunities
- Paid Time Off – PTO plans start at 120 hours a year
- Comprehensive Health Plans – health, dental, vision, flex spending accounts, HSA with employer contribution
- Life, AD&D, STD & LTD – Employer paid Life and AD&D insurance, options to purchase voluntary life for yourself and your family, additional AD&D options.
- Company paid short-term and long-term disability
- 401(K) – 4% company match, immediately vested in company match
- Family Leave - Paid Parental & Family Leave for new parents
- Learning & Development – Tuition Reimbursement program
- Doran Investors Program – Unique opportunity to own shares of properties developed by Doran
- Company Paid Holidays – 9 a year
- Employee Assistance Programs
- Social Wellbeing Events
- Summer Hours
- 1 WFH day per week
Company Overview