New

Property Accountant

Vaco
$90,000.00 - $115,000.00 / yr
United States, New Jersey, Parsippany
Feb 21, 2025
We are seeking a detail-oriented and highly organized Property Accountant to join our growing client. The ideal candidate will possess a strong understanding of property accounting principles and have the ability to manage multiple tasks in a fast-paced environment. This role requires collaboration with Property Management, Leasing, and Construction teams to ensure accurate financial reporting and support. Key Responsibilities: Attention to Detail: Ensure accuracy in all financial transactions and documentation. Multi-tasking: Adapt to various tasks efficiently while maintaining high standards of work. Communication: Follow directions from Property Management, Leasing, and Construction, and proactively follow up with any questions. Transaction Analysis: Analyze financial transactions and understand their impact on financial statements, including accrual and cash basis reporting. Accounting Concepts: Demonstrate a solid understanding of prepaids and accruals. Journal Entries: Generate and record journal entries as needed. Financial Statements: Prepare balance sheets, income statements, and statements of cash flows. Support Schedules: Develop backup support schedules for all balance sheet balances. Fixed Assets: Maintain accurate fixed asset schedules. Loan Documentation: Understand loan documents to ensure accurate reflection in financial statements. Lease Interpretation: Analyze tenant leases to properly record revenue and operating escalations. Tenant Relations: Maintain a positive rapport with tenants, send monthly billing invoices, and record cash receipts. Collections: Diligently follow up with tenants on any outstanding balances. Accounts Payable: Approve accounts payable invoices and verify the accuracy of amounts and coding. Experience: Minimum of 4-5 years of relevant office building accounting experience. CPA designation is helpful but not required. Qualifications: Strong analytical skills with the ability to interpret financial data. Excellent communication and interpersonal skills. Proven ability to work independently and collaboratively within a team. High level of proficiency in Microsoft Office, particularly Excel. Familiarity with accounting software. Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.