Direct message the job poster from Macdonald & Company
Veronica Guedez
Vice President @ Macdonald & Co. | Real Estate Recruitment Expert
Position Summary:
Macdonald & Co. is proudly partnered with one of their best clients to appoint a Property Accounting Manager for their growing team in Atlanta, GA.
The opportunity offers career progression, above market compensation, excellent employee healthcare and a hybrid work schedule.
Job Duties:
Development Accounting:
Prepare financial statements and balance sheet account reconciliations and analysis.
Oversee cash flow for all development sources.
Work closely with development coordinators and development managers.
Manage accounting aspects of property purchases including recovery of predevelopment costs, non-cash transactions, and lender and investor participation.
Review underlying loan and equity partnership documents and apply proper accounting treatment to financial records.
Maintain development general ledgers and financial statements for each property.
Perform budgeting and forecasting for projects; prepare and/or review cash flow projections.
Perform daily cost tracking research and analysis and create daily weekly, and monthly cost reports.
Prepare development entity financial reporting for monthly review with development and accounting managers.
Assist in transition of assets being acquired, disposed, and placed in service.
Property Management Accounting:
Accounts receivable – Responsible for checking lockbox bank accounts and recording actual deposits into accounting software within client guidelines or within a maximum of 24 hours, updating property managers and clients on delinquencies and collection activity.
Accounts payable – Process and code invoices for payment to the budget/forecast and forward to property manager(s) for approval and help process the creation and distribution of annual 1099’s.
Budgets for next budget year and updated current year forecasts in client requested formats.
CAM/Tax/Insurance Monthly/Quarterly/Annual reconciliations and billings.
Client specific reports which also include financial reporting experience (Full Cycle to Income Statement & Balance Sheet).
Reconciliations of bank accounts, subsidiary ledgers to general ledger, and balance sheet accounts.
Variance analysis for month to date and year to date actual to budget for revenue, expense, and capital accounts.
Ad Hoc Projects when required.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Accounting/Auditing, Finance, and Management
Industries
Staffing and Recruiting, Real Estate, and Accounting
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