Job Description
Job Description•Partner with the Property Manager / Project Manager to ensure accuracy of journal entries and general ledger across one or multiple projects.
•Oversee outsourced accounting team responsible for accounts payable, accounts receivable and bank reconciliations, including training, review of deliverables, and communication of feedback.
•Coordinate and prepare lease administration as follows: Set up new leases in accounting system, prepare tenant billings, set up tenant recovery profile/pool.
•Prepare operating and tax expense reconciliations (true-ups) as required per governing documents (leases, management agreement, etc.).
•Record journal entries to the general ledger and ensure records are kept in compliance with GAAP or other basis of accounting.
•Perform month-end close procedures including preparation and/or review of account reconciliations.
•Maintain job cost ledger for development projects and ensure costs are properly coded
•Assist in Property and Hines Annual Plan/Budget/Projection preparation process by preparing revenue projections and variance analysis for certain accounts, generating reports and preparing budget package.
•Maintain reporting and budgeting calendars for Property Management team.
•Prepare information for various audits (e.g. external, internal, tenant), as needed.
•Prepare monthly/quarterly financial statements and supporting schedules working closely with Property/Project Manager to ensure accuracy.
•Assist in the setup of new projects with guidance from Accounting Manager. This could include setting up the property in JDE (or similar software), opening bank accounts, preparing rent start letters and assisting with acquisition accounting schedules/entries (FAS 141/142 purchase accounting, straight-line rent, revenue models).
•Carry out the proper procedures to ensure internal controls are being met.Property Accounting, Yardi Software, Month End Close, Accrual Accounting, General Ledger