Property Accountant

Velair Property Management
Minneapolis, MN Full Time
POSTED ON 3/31/2024

About Us

Velair is a service company, and our mission is “delighting residents and communities by providing exceptional homes and service.” The measurement of our success is not only financial. It is also measured in the longevity of our employees, the welcome of the communities in which we work, and in the customers that come to Velair to find their home.

The way that we serve together, grow together, and succeed together is called the Velair Way. The Velair Way is as much a system of people as it is a system of processes. Everything that we do, and how we do it, mirrors our character as a company.

Velair Property Management educates, encourages, and empowers our people through a work/home life balance, an open-door policy, mentorship program, endless learning possibilities, associate recognition, company-wide training and events, room for advancement and countless new experiences. If you are a hard-working, reliable, energetic and a fun-loving employee, we've got a place for you!

RESPONSIBILITIES

  • Regularly collaborate with property management staff and corporate staff on all aspects of accounting
  • Perform monthly bank and account reconciliations, complete analytical review for reasonableness
  • Calculate management fees and post late fees monthly
  • Journal entry processing, including reclasses, recurring entries and other monthly/annual transactions
  • Assist with month-end and year-end closing
  • Backup for accounts receivable and accounts payable, work with property management staff to correct errors or provide missing information
  • Responsible for regular review and analysis of tenant ledgers, including subledgers and corresponding reconciliations with property management staff
  • Review deposit accounting for accuracy
  • Bad debt write-offs
  • Assist with reports for year-end audits and provide requested information in a timely manner
  • Other accounting related tasks as may be required

QUALIFICATIONS

  • Associate or Bachelor’s degree in accounting, finance, or similar field and/or 2 years of work experience in a similar field with knowledge of basic bookkeeping procedures
  • Prior experience with Yardi or property management industry highly preferred
  • Heightened level of attention to detail
  • Organized and strong time-management skills with the ability to regularly shift priorities as needed
  • Able to multi-task, meet deadlines and work independently
  • Strong communication skills for regular coordination with site and corporate staff

Benefits

  • 9 company paid holidays
  • 15 days of paid time off
  • 2 floating holidays
  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Health savings account
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Referral program
  • Retirement plan
  • Vision insurance
  • Supplemental Pay
  • Long-term disability
  • Short-term disability
  • Professional development
  • Company-wide training
  • Annual retreat

Salary.com Estimation for Property Accountant in Minneapolis, MN
$71,083 to $88,449
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