Our Property Accountant job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Property Accountant role
A Property Accountant is responsible for maintaining the financial records of an organization or individual's real estate investments. This position typically involves preparing financial statements, tracking rental income and expenses, and ensuring that taxes are paid in a timely manner. The Property Accountant must also be familiar with real estate law, as they are often responsible for researching and resolving any legal issues that arise.
Role Purpose
The purpose of a Property Accountant is to manage the financial operations of a property or portfolio of properties. This includes preparing and analyzing financial statements, budgeting, overseeing accounts receivable and payable, and ensuring compliance with applicable laws and regulations. The Property Accountant also provides financial advice and recommendations to the property owner or manager.
Property Accountant Summary
Property Accountant Job Summary
The Property Accountant is responsible for managing the financial records of a company’s properties. This includes recording, reconciling, and analyzing financial information and transactions. The Property Accountant will also be responsible for preparing monthly and annual financial statements and reports. They must have a strong understanding of accounting principles, property tax regulations, and financial reporting. The Property Accountant must also be able to work with a variety of stakeholders, including property owners, tenants, and financial institutions. The ability to work independently and as part of a team is essential.
Property Accountant Duties
- Maintain and monitor all accounts receivable and payable
- Gather and review all financial information related to properties
- Prepare and review all property financial statements
- Ensure accuracy of data and compliance with applicable regulations
- Reconcile all accounts and investigate any discrepancies
- Assist with budgeting and forecasting process
- Assist with audits
- Provide support to other departments in the organization
Property Accountant Skills
- Accounting
- Bookkeeping
- Financial Reporting
Property Accountant Requirements
- Prepare and review financial statements and records
- Maintain and develop financial spreadsheets
- Analyze business operations and financial data
- Assist in budget preparation
- Provide financial guidance and support to other departments
- Ensure compliance with accounting regulations
Personal Traits
- Excellent analytical and problem solving skills
- Strong organizational, communication, and interpersonal skills
- Ability to maintain accuracy and attention to detail
- Proficient in MS Office Suite
- Ability to maintain confidentiality
- Ability to multi-task and prioritize workload