Property Accountant (Newport News, Virginia) Job at Drucker and Falk LLC in Newp

This position is responsible for the preparation of multiple monthly financial reports in an accurate and timely manner including, but not limited to the following:

• Reviews general ledgers for accuracy and detail.

• Preparation of financial statements for cash and accrual basis of accounting in accordance with GAAP.

• Generates and posts general ledger transactions.

• Reconcile balance sheet items with subsidiary ledgers, lender or bank statements, or other appropriate substantiating document(s).

• Prepares and/or reviews monthly bank reconciliations, management fee and other computations.

• Reviews annual budgets for reasonableness and compliance with basis of accounting.

• Assists with preparation and/or review of budget variance reports, owner distributions, managing pooled investment accounts, special projects and management of all facets of bookkeeping.

• Prepares tax and audit workpapers for managed projects.

• Responds to inquiries from CPAs, clients and property management personnel regarding financial statements.

Excellent general ledger and problem-solving skills required. Must be capable of working independently. Office hours 8:30 am to 5:00 pm. Additional hours may be required at times, particularly during tax season (the first quarter of each calendar year) and as needed to meet monthly deadlines.

Essential Duties and Responsibilities include the following.

• Prepare financial statements in accordance with GAAP.

• Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, documenting business transactions.

• Review, investigate, and correct errors and inconsistencies in financial entries, documents, and reports.

• Determine proper handling of financial transactions and approve transactions within designated limits.

• Analyze financial information detailing assets, liabilities, and capital, and prepare balance sheet, profit and loss statement, and other reports to summarize and interpret current and projected company financial position for other managers.

• Perform or review bank reconciliations.

• Prepare and/or review acquisition, sale or other unusual entries.

• Other duties as assigned.

Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

A minimum of 3 years of experience in accounting and reporting, ideally in property management or related industry.

Bachelor's degree in Accounting preferred but not required

Computer Skills

To perform this job successfully, an individual should have a high level of competency with Microsoft Windows, Excel and Accounting software in general as well as a working knowledge of Microsoft Word. Yardi Voyager or similar property management software experience preferred but not required.

Reasoning Ability

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Mathematical Skills

High level of basic math skills required. Ability to work with mathematical concepts such as fractions, percentages, ratios, and proportions and apply to practical situations.

Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Competencies

To perform the job successfully, an individual should demonstrate the following competencies:

Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Displays willingness to make decisions; Exhibits sound and accurate judgment; Includes appropriate people in decision-making process.

Customer Service - Manages difficult or emotional customer situations; Responds promptly to customer needs; Solicits customer feedback to improve service; Responds to requests for service and assistance; Meets commitments.

Dependability - Completes tasks on time and keeps commitments; Takes responsibility for own actions. Is consistently at work or appointments and on time; works additional hours when necessary; ensures work responsibilities are covered when absent.

Professionalism - Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions; Follows through on commitments. Maintains confidentiality; Keeps emotions under control; Remains open to others' ideas and trying new things, Follows policies and procedures.

Communication - Speaks clearly and persuasively in positive or negative situations; listens and gets clarification; Responds well to questions; Demonstrates group presentation skills.

Participate in meetings. Writes clearly and informatively; Edits work for spelling and grammar; Presents numerical data effectively; Able to read and interpret written information.

Teamwork - Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed.

Ethics - Works with highest standards of integrity and ethics; Treats people with respect; Keeps commitments; Inspires the trust of others; Upholds organizational values; Supports affirmative action and respects diversity.

Motivation - Sets and achieves challenging goals; Demonstrates persistence and overcomes obstacles; Measures self against standard of excellence; Undertakes self-development activities; Seeks increased responsibilities; Asks for and offers help when needed.

Planning/Organizing - Prioritizes and plans work activities; Uses time efficiently; Plans for additional resources; Sets goals and objectives; Organizes or schedules other people and their tasks; Develops realistic action plans.

Quality - Demonstrates accuracy and thoroughness; Looks for ways to improve and promote quality; Applies feedback to improve performance; Monitors own work to ensure quality.

Quantity - Meets productivity standards; Completes work in timely manner; Strives to increase productivity; Works quickly.

Adaptability - Adapts to changes in the work environment; Manages competing demands; Changes approach or method to best fit the situation; Able to deal with frequent change, delays, or unexpected events.

Benefits: Competitive Benefits to include Health, Dental, Life, 401K, Employees Assistance Program, Long Term Disability, Vacation and Sick Leave.

EOE/Drug Free Workplace