Dominium · 2 weeks ago
Property Accountant I - Minneapolis Regional Office
Plymouth, MN
Full-time
Onsite
Entry Level
$60K/yr - $65K/yr
1+ years expDominium is a purpose-driven leader in affordable housing, and they are seeking a Property Accountant I to manage the day-to-day accounting activities of an assigned portfolio. The role involves adhering to accounting policies, preparing financial statements, and maintaining compliance with various regulations.
Commercial Real EstateLeasingProperty ManagementReal Estate
Responsibilities
Be knowledgeable and follow generally accepted accounting practices and procedures. Depending on the portfolio, maintain compliance with Section 8, Section 42, Section 236, and other state rules and regulations
Responsible for month-end closing process and preparation of financial statements for government agencies, lenders, investors, and owners
Record a wide variety of journal entries as needed for transactions including, but not limited to, mortgage activity, bank activity, reclassifications and accruals
Perform basic office tasks, including answering phones, responding to emails, processing mail, filing, etc
Advise, support and guide Community Managers, Assistant Managers, or Accounts Receivable personnel in preparing Yardi and Excel reports, depositing receipts, and processing security deposit refunds
Reconcile all bank statements for each property and partnership each month. Research and resolve all discrepancies and provide an explanation to Accounting Management by the financial due date
Prepare balance sheet reconciliations for assign properties on a frequent basis
Analyze the need for replacement reserve requests for capital expenditures and process the draw submission to the agency and/or lender
Review escrow accounts, including tax and insurance, to ensure adequate funding and prompt payment. Prepare bi-annual escrow analysis for each property. Coordinate with the lender for each escrow account for each property to ensure all payments are made on time
Maintain organization and prepare for annual audits throughout the year. Prepare and compile workpapers and supporting documentation for external auditors
Contribute to other assigned projects and duties related to the achievement of company and department goals
Respond promptly and professionally to support requests and calls from site employees, Dominium Management, Development, agencies and lenders
Adhere to Home Office professional standards, policies and procedures
Qualification
Required
Two-year degree in accounting or related field
Clear and professional communication skills both verbal and written
Highly dependable, accurate, reliable, self-motivated
Above average mathematical ability and reasoning skills
Accounting software experience required
Intermediate understanding of Microsoft Excel, Word and Outlook
Ability to work with personnel at all levels of the organization in a 'team' environment to achieve optimal results
Preferred
1-3 years of accounting experience preferred
Experience with reviewing and analyzing financial data preferred
Benefits
Basic Life and AD&D
Employee, Spouse and Child Supplemental Life and AD&D
Short and Long-Term Disability insurance
Medical, Dental and Vision coverage
Optional Health Savings Accounts
Medical and Dependent Care Flexible Spending Accounts
Voluntary Benefits (Accident, Critical Illness, Whole Life)
Employee Assistance Program
401(K) plan
Health and Financial Wellness Programs
Paid Time Off including Paid Holidays and Floating Holidays
Paid Parental Leave
Education Reimbursement
Employee Recognition
Dominium Employee Emergency Fund
Company
Dominium
Founded in 1972, Dominium is a purpose-driven leader in affordable housing, dedicated to addressing the nation’s housing crisis through lasting and impactful solutions.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
R
Reba Will
Vice President of Compliance
R
Ryan Bosolet
Vice President Operations
Recent News
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