Senior Property Accountant job – Cortland Partners – Atlanta, GA

The Senior Property Accountant reports to the Accounting Supervisor and will be responsible for ensuring all transactions related to the assigned properties are recorded accurately and reported timely. This position will support and work with all levels of Associates throughout Cortland Partners in ensuring their needs are met to support the investors, associates and partners.

The Role You’ll Play

Create monthly financial reports for 13-15 properties

Create and post monthly journal entries and accrual

Review and post month end reclasses and accruals provided my onsite property managers

Prepare month-end close packages and work collaboratively with regional teams to ensure accurate reporting of financial activity

Perform monthly detailed review of each property’s Income Statement

Actively participate in monthly financials calls of a detailed with onsite management, operations, and investments

Assist in the preparation of yearly budgets, including providing fixed asset deprecation budgets

Provide monthly and quarterly financial reports to lenders and investors

Prepare balance sheet account reconciliations on a monthly basis

Manage intercompany accounts payable and receivable and transfer money between properties and tiers as needed

Analyze and transfer cash between security deposit and operating accounts to ensure all security deposit funds are held in the correct account

Tie out month end balances between two software systems and assist with researching an variances

Assists in month end advancement of the onsite software by running reports, ensuring proper balances, and advancing the month in Leasing & Rents

Write off forfeited security deposits

Maintain fixed asset depreciation schedules

Ensure recorded fixed assets are in compliance with write fixed asset policy

Review and calculate year-end adjusting entries

Prepare income and expense reclasses as needed

Perform weekly Accounts Payable reviews and make needed reclasses

Post monthly debt service payments for properties

Complete weekly and monthly bank reconciliations and assist with research items

Provide cash position reports to management with current cash and projected remaining monthly expenses to assist in proactive cash management

Reconcile loan activity on a monthly basis

Review lender tax and insurance escrows or self-escrow for tax and insurance if required

Accrue or amortize taxes and insurance monthly

Assist with year-end audit requests

Assist in compiling lender Replacement Reserve draws

Work with Cortland Improvements, investments, and operations to ensure no proper separation of construction cost and generate and provide billing when necessary

Compete yearly business license renewals

Assist with Ad hoc projects as needed by the Accounting Supervisors or Assistant Property Controllers including, but not limited to recording payroll estimates, corporate funding’s, and distributions

Code and upload monthly corporate billings

Your Building Blocks of Success

Organizational, quantitative and strong analytical skills

Attention to detail

Understanding of GAAP accounting and strong general ledger background

Ability to approach problems both logically and creatively

Strong verbal and written communication skills

Ability to perform multiple assignments without immediate supervision

Collaborative approach to working with regional team members and accounting peers

Ability to multi-task and prioritize daily, weekly and monthly tasks to meet deadlines timely

Strong working knowledge of Excel

Required Knowledge and Experience

Four year degree in Accounting or Finance

Two to four years of experience in real estate accounting preferred

Audit experience with big four accounting firm preferred

Company Overview

At Cortland, we create, reimagine, and manage apartment communities for over 100,000 residents nationwide. Headquartered in Atlanta, GA, we have communities in ten states and regional offices in Charlotte, Dallas, Denver, Houston, and Orlando. From product design and procurement to general contracting and property management, we do it all – to make sure our communities are the perfect setting for living life to its fullest.

Our success is fueled by our belief in a better life – where hospitality is always a given, each detail is worth a second thought, and every open door is a new opportunity to go beyond expectations. We come to work every day to create possibilities for people – possibilities that translate into superior living spaces and experiences designed to inspire our residents, associates, and investors to live a better life focused on what matters most to them.

Cortland Partners is an equal opportunity employer , and we’re proud to support and celebrate diversity in the workplace. We are committed to equal consideration for all qualified applicants regardless of race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, protected veteran status, genetic information, or any other characteristic protected by applicable law. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please email talentresources@cortlandpartners.com or call 404.965.3988.

Cortland Partners is a drug-free workplace.

Cortland Partners participates in e-verify to verify the employment status of

all persons hired to work in the United States.

About secureteam

secureteam
A Computer Programmer whose articles got mentions from the likes of The New York Times, Kissmetrics and AllTopStories. He writes articles, novels and poems; spends most of his time reading everything he could get his hands on. He is currently pursuing his Masters from The University of Illinois and holds a Bachelors in Electronics Engineering from the University of California. He is a programmer, a motivational writer and speaker.

Leave a Reply

Your email address will not be published. Required fields are marked *