Property Accountant

Job Description

Job Description

JLM Inc is a real estate property management firm, is seeking a detail-oriented and experienced professional to join our team. The ideal candidate will have a strong background in real estate accounting, and office administration. This is an exciting opportunity to work directly with the owner of the company and contribute to the day-to-day operations of commercial properties across New Jersey, Florida, Virgina, Michigan and Pennsylvania.

Position Overview:

The Real Estate Accounting & Office Management will oversee daily bookkeeping and financial reporting. You will manage accounts payable and receivable, conduct reconciliations, prepare and pay bills, handle invoicing, and ensure compliance with financial regulations. Additionally, you will support the property management team, work with vendors and tenants, and assist with office administration.

Key Responsibilities:

Accounting & Financial Reporting:

• Prepare monthly, quarterly, and annual financial statements for multiple properties, ensuring accuracy and completeness.
• Manage accounts payable and receivable processes, including tracking payments, reviewing invoices, and ensuring timely payment processing.
• Conduct bank reconciliations and maintain the general ledger for assigned properties.
• Perform variance analysis, prepare quarterly CAM, real estate tax, and utility reconciliations.
• Assist in cash management, ensuring adequate funding for upcoming cash requirements and payments.
• Work with outside accountants on YE tax return preparations

Billing and Invoice Management

• Ensure all bills relevant to the property are paid in a timely manner.
• Review and verify invoices for accuracy
• Create or generate new invoices as needed for services provided, ensuring they reflect accurate billing information.
• Maintain organized records of all invoices, payments, and related documents for financial tracking and auditing purposes.

Office Administration:

• Serve as a liaison between Tenants and the owner of the company.
• Oversee property accounting of management functions, including rent collection, bank balances, and expenses.
• Support property management and maintenance teams.
• Oversee office operations, including supplies, equipment, and office technology coordination.
• Provide day-to-day office support, preparing reports, and maintaining filing systems.

Team Support:

• Support the owner with audit compliance, tax filings, and 1099 preparation.
• Collaborate with others to ensure accounting matters are properly addressed and reported.

Qualifications:

• Experience: Experience in real estate accounting, property management, or office management (preferably in a real estate or property management environment).
• Software Skills: Proficiency in Quickbooks, is required. Excel skills are a must.
• Education: Accounting or related field is preferred.
• Industry Knowledge: Strong understanding of Commercial Real Estate practices, financial management practices and public accounting standards.
• Skills:
• Excellent attention to detail and organizational skills.
• Ability to prioritize tasks and meet deadlines
• Strong communication skills, both written and verbal, with the ability to interact with the team.
• Problem-solving mindset with the ability to analyze complex financial reports and make recommendations.
• Ability to work independently and collaboratively with the property management.