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Job Title: Property Accountant (Property Management/Real Estate)
Reports To: Assistant Controller
FLSA Status: Exempt
Position Status: Full-time
Location: Remote (within the US)
Salary Range: $60,000 – $65,000
Work Schedule: Monday – Friday 9:00 AM – 6:00 PM or 8:00 AM – 5:00 PM
Westport Properties continues to grow rapidly and we are seeking a Property Accountant with a strong background in property management, and has proficient knowledge in GAAP related to real estate accounting and consolidations. The qualified candidate will also have a proven successful track record in an Accountant role handling the day-to-day Accounting functions and responsibilities.
Key Duties And Responsibilities
This position will support aspects of the financial cycle for 20-30 properties. This position must be able to perform the following duties and manage the following area of responsibilities:
- Full-cycle accounting for 20-30 properties
- Monthly review of general ledger including posting accruals and reclassifications, and variance analysis
- Prepare and compile funding request to the lender, coordinate and follow up funding approval
- Process partners/investors distributions
- Monitor Escrow Balances
- Compile monthly/quarterly financial statement package with required supporting documentation
- Process payable invoices: review, code and acquire proper approvals
- Bank reconciliation
- Maintain capital expenditure and fixed assets schedule
- Assist in ad hoc analysis and other duties as assigned
Qualifications Required
- Minimum of 3+ years accounting experience, in multi-site accounting, property management/real estate construction preferred
- Proficient in Microsoft Office Suite – Word, Excel, and Outlook; experienced with Yardi highly preferred
- Knowledge of GAAP related to real estate accounting and consolidations
- Strong organizational skills and ability to prioritize workload in order to meet strict deadlines in a fast-paced and dynamic work environment
- Excellent analytical and problem-solving skills
- Team player and can collaborate with other departments in the organization
- Ability to deal effectively with co-workers, department supervisors and managers, lenders, and other consultants and/or vendors
- Ability to work flexible hours depending on various Accounting Property deadlines
- Excellent written, verbal and interpersonal communication skills
Education / Experience
- College Degree Required – Bachelor’s Degree in Accounting/Finance or equivalent from an accredited college or university
- Relevant years of work experience and advanced Accounting certification may substitute for the degree requirement
Benefits For Full-Time Employees
- $7,800 contributed annually toward Health Benefits: Medical, Dental, Vision
- Company Paid Life Insurance Coverage – up to $50,000 per employee (Basic Life & AD&D)
- 401(k) Plan with employer match
- Generous Paid Time Off offered – earn 3 weeks per year at the start of your hire date
- Up to 10 Paid Holidays
- Paid On-going Professional Development & Training
- Rewards & Recognition (Manager’s Quarterly & Yearly Outstanding Achievement Awards, Core Values Award, Years of Service & Wall of Fame)
- Company Sponsored Events throughout the Year (Holiday Parties & Gifts, Company Picnic, Team building, etc.)
- Huge Potential for Career Mentorship, Growth and Advancement
- Discretionary bonus based on several factors
About Westport Properties
Founded in 1985, Westport Properties (“WPI”) is an owner-operator of self storage, multifamily and industrial properties across the United States. The Company is a fully integrated operator that develops, acquires and manages its portfolio as well as providing third-party management services. As of January 2022, WPI has approximately 12 million square feet of self storage space under management with its US Storage Centers brand and 638 multifamily units, employing approximately 400 people nationwide. WPI is a founding partner of the 501(c)3 Kure-It, a non-profit organization that raises money for underfunded cancer research, and Charity Storage, a 501(c)3 that uses vacant storage units to raise money for local charities. To date, Kure-It has raised over $12M and Charity Storage has raised over $500K.
