The Millennia Companies® · 3 months ago
Property Accountant
Cleveland, OH
Full-time
Onsite
New Grad, Entry Level
$50K/yr - $65K/yr
0+ years expMillennia Housing Management is a leading company in the real estate sector, specializing in affordable and conventional properties. The Property Accountant will manage accounting functions for a selection of properties, including preparing account reconciliations, analyzing financial statements, and assisting with variance analysis for senior management and stakeholders.
Building MaterialCommercial Real EstateConstructionFinanceProperty ManagementReal Estate
Responsibilities
For assigned properties, research and answer questions from property operations, lenders, regulators, or investors
Substantiate general ledger transactions by providing proper supporting documentation
Assist with verifying and analyzing business records such as leases or contracts to understand the obligations of the entity and take ownership for the properties’ business level activities
Prepare account reconciliations and journal entries for assigned balance sheet accounts
For assigned properties, review property trial balances and financial statements for accounting inaccuracies and prepare correcting journal entries as needed
Assist in preparation of actual-to-budget variance analysis including footnotes to the monthly financial reporting package for senior management, lenders, regulators, and investors
Assist in preparation of replacement reserve draws and calculation of management fees
Preparation of property tax disbursements and mortgage payments
Qualification
Required
Bachelor's Degree in Accounting or Finance required
0-2 years of experience in an Accounting environment with a basic understanding of US GAAP and cash basis accounting
Ability to work in a fact-paced team environment
Beginning knowledge of MS Word, Excel and Outlook required
Desire to learn property accounting and the affordable housing industry
Preferred
Understanding of accounting systems preferred, but not required
Company
The Millennia Companies®
Founder and Chief Executive Officer Frank T.
501-1000 employees
H1B Sponsorship
The Millennia Companies® has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (2)
Funding
Current Stage
Late StageLeadership Team
F
Frank Sinito
Chief Executive Officer
Recent News
The Journal Record
2024-12-17
Company data provided by crunchbase