What are the responsibilities and job description for the Property Accountant position at RADCO Residential?
Status: Full Time
Career Level: Mid-Level
Reporting Relationships:
This position reports directly to the Accounting Manager.
RADCO Residential is preparing for growth and we are seeking to add a Property Accountant to support the accounting department.
The Property Accountant will assist in the preparation and review of monthly financials and month-end close-outs for hotel and residential real estate projects. This position will be responsible for several properties to help support internal Investment Management and our 3rd party business partners.
Our culture is our DNA. People are at the heart of our business and are the drivers of what makes us so different. We believe in a team member first philosophy and empower our team members to be fearless, caring, flexible, and successful. We encourage new ideas, invest in team member development, and hold ourselves to a high standard of service.
Benefits:
- Work-From-Home Flexibility (Office Based Out of Atlanta - Some In-Person Meetings May Be Required)
- 100% of the Employee-Portion for Medical, Dental, Life and AD&D Insurance Policies,
- Employee Assistance Program
- Voluntary Vision, Short-term and Long-Term Disability, FSA, HSA, Supplemental Life, Critical Illness, Hospital Indemnity, Accident, Pet, and Legal Insurance Policies
- 401(k) Retirement Plan with 100% Employer Match up to 6% of Gross Pay
- Comprehensive Wellness Program
- Accrued Paid Time Off Immediately Upon Hire
- Paid Maternity & Parental Leave
- Tuition Reimbursement Program
- Learning & Development Program
- Employee Housing Discount
- Internal Employee Assistance Program – RADCO Cares, Inc.
- Team Building Events & Volunteer Time Off (VTO) Opportunities
Essential Duties and Responsibilities:
- Work in coordination with 3rd party partners, property managers and investment managers to supply accurate and timely monthly financial statements, including balance sheet, income statement, cash flow reports and variance analysis.
- Provide effective and professional communication to senior management, business partners, and lenders, including business letters, monthly project reporting, and variance explanations.
- Review and monitor income and property expenses/ accruals for accuracy and completeness.
- Review annual property budget templates and load into company’s financial system.
- Submit construction draws to bank or equity partners for funding.
- Establish, maintain, and update files, databases, records, and/or other documents; develop and maintain data, and perform routine analyses and calculations in the processing of data for recurring internal reports.
- Ability to produce high quality reports and written documents.
- Work in conjunction with project management to determine current cash position, budget status and new project set up.
- Other accounting duties including but not limited to property bank reconciliations, replacement reserve draws, lender financials, quarterly cash forecasting, quarterly investment notes, and special projects.
Education/Experience and Technical Requirements:
- Four-year college degree with a major in Accounting
- 2-5 years of experience working in the Accounting field
- Experience with Yardi Accounting software is a plus
- Self-motivated and works well in a group setting
- Ability to work in a challenging, high paced environment
- Well organized with strong interpersonal and communication skills
- Proficient in Microsoft Office Suite, specifically Microsoft Excel
