Schafer Richardson · 1 day ago
Commercial Property Accountant
Minneapolis, MN
Full-time
Onsite
Mid Level
$70K/yr - $85K/yr
3+ years expSchafer Richardson, LLC is a real estate investment company focused on commercial and multifamily real estate in the Upper Midwest. They are seeking a Commercial Property Accountant to manage all accounting activities related to commercial property management, ensuring accuracy in financial reporting and compliance with property management standards.
ConstructionLeasingReal Estate
Hiring Manager
Tami Haight
Responsibilities
Apply required property management accounting standards and procedures to the recording and reporting of property management activity
Ability to handle accounting activities for a growing portfolio of properties
Understand leasing agreement and terms to ensure accuracy and timeliness of billings and payments
Provide various reports as requested including but not limited to: A/P, A/R, Profit and Loss, Balance Sheet, and trend analyses
Maintain accurate property rent roll
Communicate with vendors via phone and email
Prepare and process monthly journal entries
Reconcile and maintain balance sheet accounts, prepare journal entries
Assist with month-end and year-end closings, and annual budget process
Prepare monthly financial reports and account analyses
Monitor and resolve bank issues including fee anomalies and check differences
Perform account/bank reconciliations
Assist with preparation and coordination of audit and tax return processes
Assist with implementing and maintaining internal financial controls and procedures
Process Monthly shared expenses in accordance with Easement Agreements
Maintain amortization and depreciation files and record monthly entries
Scan and process payables coding accurately between CAM and owner expenses
Scan cash payments to proper bank accounts and apply to appropriate tenant or GL accounts
Process monthly ACH payments for approval
Process monthly billbacks and reconcile accounts
Qualification
Required
Minimum of 3 years of commercial property accounting experience dealing with multiple commercial properties including retail, industrial, and office real estate simultaneously including cash management of multiple bank accounts
Yardi Voyager software experience is required for this role
Bachelor's Degree in Accounting, Business, or related field
3 – 5 years of property management accounting experience dealing with multiple properties required
Prior property management accounting experience and general understanding of commercial lease language required
Strong work ethic and time commitment to organizational success
Preferred
Prior experience with CAM reconciliations strongly preferred
Cash management of multiple bank accounts strongly preferred
Benefits
Free parking in the North Loop area
Company
Schafer Richardson
Schafer Richardson has provided quality investment, development, construction, and leasing and management services.
51-200 employees
Funding
Current Stage
Growth StageRecent News
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