PROPERTY ACCOUNTANT

Reports To: Chief Financial Officer | FLSA Status: Exempt, Full-time

COMPANY OVERVIEW

City Club Apartments has created the future of apartment living, merging historical knowledge of the apartment industry with best practices of the hospitality industry to create the first true International Apartment Hotel brand, a differentiated living experience.

Partnering with award winning local restaurants, retail & furnished housing companies City Club Apartments combines environmentally conscious, technologically advanced, resort class amenities with a unique mix of short term furnished, and long-term unfurnished apartments & penthouses. International design is overlaid with local art, design, culture, sports & education, creating experiential living with wide-ranging appeal. Hospitality is served with a 24/7 concierge, weekly social programming events, art, and time saving services.

POSITION OVERVIEW

City Club Apartments portfolio is growing! We are looking for an experienced, detailed, team-orientated property accountant! This is a full-time, salaried position, scheduled Monday - Friday, and is eligible for up to a 15% annual bonus. The Property Accountant is responsible for preparing and reviewing monthly financial statements for various properties. Preparation includes all journal entries, schedules and reconciliations and timely reporting of financial statements.

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES

• Prepares financial reports and analysis on a timely and accurate basis (including monthly reporting, annual budgets, year-end working paper files, and periodic forecasts
• Analytical review of all financial reports including preparation of detailed variance analyses
• Prepares journal entries to ensure accurate monthly reporting of results
• Analyzes balance sheet accounts and perform reconciliation as required
• Ensures adherence to the system of internal control established to provide accurate financial reporting and safeguarding of assets
• Updates monthly pre-authorized payments
• Coordinates and execute special projects including allocation models, accounting policy changes, business process improvements and other projects as identified
• Works with operations management to ensure meaningful managerial reporting is provided, and to identify and communicate opportunities and challenges that affect financial results
• Monitors expenses as compared to budget, alerting Operations when needed
• Maintains fixed assets schedules
• Monitors cash balances and coordinate cash disbursements with Accounts Payable
• Assists with budget setup and analysis
• Other duties within the scope, spirit and purpose of the job

REQUIREMENTS

• Bachelor’s Degree in Accounting, Business or Real Estate;
• Minimum of five (5) years relevant work experience within multi-family; or multi-site business model;
• Working knowledge of MRI property management software; and
• Demonstrated advanced use of Microsoft Excel.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is continually required to:

• Utilize telephonic methods for communicating;
• Utilize a computer to input data;
• Sit for long periods; stand; walk; use hands to finger, handle or feel; reach with hands and arm
• Frequently required to balance, stoop, kneel, crouch; talk or hear
• Occasionally lift and/or move up to 10 pounds