Property Accountant

Department: Accounting

Summary: The Property Accountant performs accounting work of considerable complexity using Generally Accepted Accounting Principles. Responsibilities include property accounting, compliance reporting, analytics, budgeting, documentation, and auditing for LIHTC projects and Maiker entities.
The Property Accountant sets and meets goals and key performance indicators (KPIs) focused on accuracy and integrity of accounting data and transactions, analysis of ways to impact Maiker revenue growth or other financial goals, property petty cash audit, timely and accurate compliance reporting, and audit ratings.
Essential Job Duties are performed with strict adherence to Maiker standards, policies, and procedures, and to local, State and Federal laws and regulations. Other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Property Accounting and Compliance
Perform property accounting functions through accurate and timely completion of general ledger postings, tenant ledger adjustments, payment reversals and corrections
Adhere to the property month-end close process
Review monthly property financial income and expense activity for accuracy and reasonableness
Set up and monitor employee rental agreements with Community staff and Human Resources
Liaison with Community Managers to assist with financial and accounting problems and issues
Prepare and complete agency cash receipts (1st Bank)
Ensure Software and Accounting Compliance
o Unit Transfers and Unit mapping, maintain set aside tracking
o Review new move-in lease and Yardi charges with Compliance Manager
o Update GPR
o Reconcile all security deposit accounts
Prepare entries to book month end accruals, write-offs, re-classes, and corrections
Analyze property credits, sequential money orders, financial variances, and aged receivables
Provide general ledger, cost center revenue, and expense variance reporting in support of Maikers revenue growth and cost control strategies
Assist in the preparation of budgets
Assist in regulatory accounting compliance reporting and Board financial reporting
Perform monthly financial statement reporting
Audits
Assist with preparation of annual audit information
Perform annual Property petty cash audits

Education and Experience
Required: Bachelor's degree (B. A.) in Accounting from a 4 year college or university
Preferred
2 years of property management accounting experience
1 year of affordable housing experience, budgeting and property cost control
Working knowledge of Yardi Property Management Software
Working knowledge of HUD requirements, 59 experience, PHA and LIHTC programs
Proficient in MS Office, including Word, Excel, Outlook, and Adobe

Knowledge and Skills
Excellent listening, verbal, and written communication skills, including ability to write reports, business correspondence, and procedure manuals
Presents information and responds to questions from groups of Maiker managers and staff
Facilitates small group meetings and instructs in a 1:1 setting
Demonstrates exceptional teamwork and customer service skills
Knowledge of program requirements found in HUD regulations, handbook, notices, guides
Excellent organizing and planning skills with ability to manage multiple projects and priorities
Detailed, accurate, and consistently meets deadlines
Interprets technical procedures and governmental regulations
Reads, comprehends, interprets, and implements rules, regulations, and procedures
Strong mathematical skills including fractions, percentages, and ratios
Understands how financial data is collected and used to guide and evaluate business decisions
Understands underlying issues, can simplify and process complex issues
Defines problems, collects data, establishes facts, and draws valid conclusions
Involves others in the decision making process when necessary
Flexible and open to new ideas and responsibilities, handles pressure, adjusts to changing needs

Physical Requirements and Working Conditions
Regular computer use throughout the day, ability to sit for lengthy periods of time
Occasionally required to stand; walk; reach with hands and arms; climb or balance and stoop, kneel, or crouch, and stand and walk on hard surfaces
Lift/push/pull/carry various objects of 10 lbs. frequently and 25 lbs. occasionally
Reach to shoulder level and above, and bend at the hips and knees
Ability to talk and hear
The noise level in the work environment is usually moderate