Job Description

Multifamily Property Management

Job Description

Property Accountants are responsible for producing accurate and timely monthly financial reporting for a specified portfolio of communities. Property Accountants work closely with various departments within FPI, as well as FPI's Clients on a continual basis.

Pay: $28 - $33 / Hour

DUTIES AND RESPONSIBILITIES

1. Financials
   1. Analyze General Ledger by confirming balances in all accounts.
   2. Verify expenses are in appropriate accounts.
   3. Determine what accrual expenses need to be recorded.
   4. Create Excel spreadsheet reports when needed.
   5. Produce preliminary reports for review and finalize reports once approved.
   6. Balance year end records following recording of year end audit entries.
   7. Ability to differentiate various reports and understand how each report affects other reports.
   8. Ability to determine and record year end closing entries to close the books of the preceding year.
2. Accounts Payable
   1. Review and input A/P invoices received from sites; verifying accuracy of coding and allocation of expenses; using detail description for all expenses.
   2. Produce weekly Aged Trials (listing of outstanding A/P invoices) for approval.
   3. Create check run for approved A/P invoices.
   4. Match checks to appropriate invoices; mail checks.
3. Cash Control
   1. Maintain accurate monthly cash logs by recording deposits banked by onsite staff and weekly check runs.
   2. Deposit all miscellaneous income and record on cash logs.
   3. Reconcile monthly cash logs with bank statements
4. Journal Entries
   1. Ability to determine and record accrual basis journal entries such as vacancy loss, property tax expense, property insurance expense, expenses incurred but not invoiced.
   2. Ability to determine and record any reversing entries needed.
   3. Ability to determine and record year end closing entries to close the books of the preceding year.
   4. Ability to determine accounts affected and record year end auditors adjusting entries.
5. Communication Skills
   1. Ability to relate to Portfolio Managers, Community Directors and/or Owners transactions recorded on monthly financials.
   2. Communicate with On-Site Staff when needed with regards to deposits, A/P invoices, check requests, etc. whether via telephone or email.
   3. Ability to communicate whether verbal or written with Portfolio Managers, Community Directors and/or Owners regarding issues concerning their property in a timely manner.
   4. Ability to communicate with various vendors, to obtain A/P invoice copies, resolve A/P invoice issues.
6. Assist Annual Audits
   1. Print out annual reports required by each auditor.
   2. Box up annual property files.
   3. Communicate with auditors (either verbal or written) in a timely manner in response to questions about various transactions and/or journal entries made during preceding year.
7. Other Job Functions:
   1. Perform any and all functions as directed by the supervisor, including special project assistance
   2. Responsible for meeting all training requirements for the position- including Grace Hill, Safety Meetings, etc.
   3. Comply with all FPI policies and procedures

Qualifications

Minimum Requirements:

• High School diploma or equivalency certificate, required. College degree with a focus in Accounting or Economics, preferred.
• Basic Accounting experience and thorough understanding of GAAP. Experience in the property management industry, preferred.
• English language proficiency (speaking, reading, and writing).
• Intermediate to Advanced proficiency in Google Apps (Gmail, Drive, Docs, Sheets) and Adobe Acrobat. Basic proficiency in Microsoft Office (Word, Excel). Yardi and RealPage experience a plus.

Skills Required:

• Customer Service
• Basic Computer Skills
• Internet Use
• Yardi
• Microsoft Excel
• Google Sheets
• G-suite

Additional Information

ESSENTIAL ATTRIBUTES

• Embracing and exemplifying our  HEART  core values and incorporating them into every task performed and every interaction with clients, supervisors, team members, colleagues, residents, vendors, etc.
• Positive influencing, interpersonal, and communication skills are essential.

Why look at FPI for your next career step? We are one of the largest third-party 100% fee-managed Property Management companies in the nation, an industry leader in both the Conventional and Affordable Housing spaces, managing over 850 communities (~150,000 units) across the country, and employing ~3,500 team members. We offer comprehensive compensation and benefits packages (employee-only employer-paid plan available), ongoing training, and plenty of opportunities to grow your career. Come join Team FPI!

EEO/EVerify Statements

FPI Management is an Equal Opportunity Employer. All qualified applicants are encouraged to apply. FPI Management participates in the E-Verify program.

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