Property Accountant

Cash Management Responsibilities

• Ensure availability of funds to process check runs.
• Ensure correct funding is in place for security deposit accounts.
• Balance bank statements.
• Prepare/maintain miscellaneous reports as requested by management.

 Financial Statement Compilation and Review – Multi-family

• Perform Month-End accounting software closing procedures and internal accounting department reports.
• Balancing of operating, reserve, and security accounts.
• Calculating and posting of miscellaneous accruals, adjustments, reclassifications, and reversals as needed.
• Calculation of monthly management fees.
• Review of variances against budget and bring to property manager’s attention as appropriate.
• Submit compiled and reviewed financials monthly to CFO for review.
• Distribute monthly financial statements to internal email list and distribute quarterly to CPA and mortgage companies.
• Prepare quarterly cap-ex/ major maintenance reimbursement requests for mortgage companies and correspond with mortgage companies as requested.
• Compile year-end financial packages for CPA review, respond to CPA inquiries, and perform year-end CPA adjustments and closing entries. 

Financial Statement Compilation and Review – Corporate and Commercial

• Monthly preparation and review of assigned operating financial statements including:
  • Calculating and posting of miscellaneous accruals, adjustments, reclassifications, and reversals as needed.
  • Bank account reconciliation of all accounts.
  • Posting of miscellaneous receipts.
  • Vouchering of assigned corporate invoices
• Quarterly preparation and review of assigned commercial property financial statements including:
  • Calculating and posting miscellaneous accruals, adjustments, reclassifications, and reversals as needed.
  • Bank account reconciliation of all accounts.
  • Posting of miscellaneous receipts.
  • Vouchering of assigned commercial invoices.
• Review of variances against budget and bring to commercial property manager’s or CFO’s attention as appropriate.
• Quarterly preparation and review of assigned Commercial Vacant Land financial statements including:
  • Calculating and posting miscellaneous accruals, adjustments, reclassifications, and reversals as needed.
  • Bank account reconciliation of all accounts.
  • Posting of miscellaneous receipts.
  • Vouchering of associated corporate invoices.
• Compile year-end financial packages for CPA review, respond to CPA inquiries, and perform year-end CPA adjustments and closing entries. 

Compliance

• Prepare and file annual unclaimed cash/assets report.
• Coordinate security deposit transfers and deposits according to State Law.
• Complete monthly TPT tax filings, as required.

Payroll Management 

• Import team member hours from time management software and validate team member and supervisor time sheet approvals.
• Verify accuracy of new hire additions and team member benefit changes in payroll system.
• Validate team member bonuses.
• Manage and maintain paid time off accruals and usage in payroll software.
• Submit payroll files to/from 3^rd party payroll provider.
• Submit 401(k) uploads to 3^rd party provider.
• Prepare manual paychecks as needed.
• Prepare and post weekly payroll journal entries.
• Calculate monthly payroll and benefit reimbursements.
• Scan and save payroll reports to server.

 Other Tasks

• Assist CFO and Assistant Controller with miscellaneous projects.
• Prepare/reconcile miscellaneous billings.
• Review and approve invoices daily.
• Assist in the processing of weekly check runs/ACH payments.
• Respond to requests for information from mortgage lenders.
• Respond to requests for information from Liv Communities management team.
• Coordinate year end boxing of paid invoices and other accounting files as needed.
• Enter journal entries in system as needed.
• Enter FSA journal entries in accounting software.
• Assist in year-end 1099 preparation process.

• Bachelor’s degree in Accounting or Finance or Associates degree in accounting and 2 years general accounting experience.
• Experience in windows-based accounting software.
• Proficient in Spreadsheets.
• General knowledge of word processing.

This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position.  Employees will be required to follow any other job-related instructions and to perform other job-related duties requested by their supervisor.

Liv Communities is an equal opportunity employer.