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Title: Property Accountant
Reports to Title: Vice President of Finance & Administration
Department: Accounting
Location: Del Property Management
Original Creation Date: February 23, 2024
Revision Date:
1. JOB OVERVIEW: In this section, provide an overall accountability statement in addition to a general description of the position and how it adds value to the organization.
As a Property Accountant at Del Property Management (DPM), you will play a vital role in managing the financial aspects of our condominium portfolio, ensuring accuracy, timeliness, and adherence to accounting principles. With a strong focus on customer service and collaboration, you will contribute to the success of our team and uphold DPM's reputation as a leader in condominium property management.
2. DESCRIPTION OF RESPONSIBILITIES: Describe in bullet point, the tasks, and primary duties for the position. It honors the activities that make the incumbent's success possible. Include the allocation of time in percentage for each responsibility to clearly communicate the priorities for the position.
Percentage %
Perform full cycle accounting for a portfolio of 12-15 condominium buildings, including shared facilities.
Prepare accurate monthly financial statements, including Balance Sheet, Income Statement, and supporting schedules, ensuring timely submission by 20th of each month.
Process and analyze accounts receivable and accounts payable.
Conduct monthly bank reconciliations and review discrepancies.
Collaborate with property managers to maintain accurate records.
Prepare and reconcile recoveries.
Post journal entries accurately.
Assist in the preparation of year-end audit working papers.
Process owner changes and electronic funds transfers for common element fees.
Undertake additional assignments as required to support the team and company objectives.
Consistently exceed customer expectations through professional and efficient communication.
Demonstrate excellent time management, attention to detail, and teamwork.
90%
3. DEFINITION OF SUCCESS: What does success look like for the position? This section describes the outcomes. Success should be in terms that are concrete, measurable and time bound.
Meeting deadlines for financial reporting and ensuring accuracy in financial statements.
Taking initiative, mentoring junior team members, and providing insights for process improvements showcase leadership qualities.
Understanding the broader implications of financial decisions on the company's objectives and developing strategic insights can position the individual for higher-level responsibilities within the organization.
Upholding accounting principles and standards while performing full-cycle accounting, processing journal entries accurately, and reconciling accounts demonstrates competence and ensures the integrity of financial data.
Ability to collaborate with property managers and other team members to maintain accurate records and address any financial concerns promptly.
Ability to identify discrepancies, analyze accounts, and resolve issues efficiently, demonstrating strong problem-solving skills.
Showing a willingness to undertake additional assignments to support team and company objectives reflects dedication and a commitment to continuous improvement.
COMMUNICATION AND WORKING RELATIONSHIPS: Identify alignment, collaboration, and expectations for a positive working relationship.
Internal:
Property Managers
Administrative Team
Senior Management
External:
External Auditors
Vendors and Contractors
Condominium Board Members
Financial Institutions
5. REQUIRED QUALIFICATIONS AND EXPERIENCE: List the essential qualifications, competencies and experience required to complete the role successfully that includes mandatory and preferred aspects.
College Diploma or University degree in Accounting or Business Administration.
Strong customer service orientation with exceptional communication skills.
Ability to work independently and as part of a collaborative accounting team.
Eagerness to learn and adapt to new processes and software.
Proficiency in Microsoft Excel, Word, and Outlook.
Autonomous, friendly, and thrives in a fast-paced environment.
6. NICE TO HAVE: List skills, qualifications, or attributes that are not essential or required for the position but would be considered advantageous.
Experience with Yardi Voyager 7S software.
Experience in property management.
7. PEOPLE LEADERSIP RESPONSIBILITIES: List the titles and number of reports that the position will provide leadership and direction to that includes direct and indirect reports.
N/A
8. Working Conditions: Explain specific working conditions and include the work environment remote, hybrid, travel requirements and physical demands.
Work Model In-office presence required.
Work Environment- Open-plan offices.
Work Schedule - The standard work hours for this position align with regular office hours.
Physical Demands – Sedentary office-based job.
Travel Requirements – Depending on the nature of the business, employees at all levels may have travel requirements. Travel may be for attending conferences, client meetings, training sessions or other business-related purposes.
Sprachkenntnisse
- English
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