Accountant, Real Estate

Company: Waypoint Real Estate
Location: Fort Collins
Posted on: February 16, 2021

Job Description:

Responsibilities include: * Manage accounts payable and receivable functions for properties under management. Includes entering new leases and amendments into the property management software to ensure accurate billing of rent and other charges. * Prepare accurate monthly financial reports and prepare narrative to outline any budget variances and significant work performed at the property. * Prepare annual property budgets with leasing assumptions and expense assumptions based on historical information and the current market. * Prepare and review financial statements to ensure accuracy, clarity, and professionalism. Submit timely for review by each Property Owner. * Work with property management to maintain cash flow forecasts. Anticipate and report any significant forecasted cash transactions such as distributions, contributions, large capital needs, tenant finish, property tax payments, loans, and any other anticipated expenses. * Oversee tax return preparation for all managed entities. A third party is used to prepare the tax return, however this role will provide necessary information to the CPA, oversee, and track that all returns are completed by tax deadline. * Prepare annual statements of operating expenses for tenants and prepare the reconciliation of operating expenses at the end of each year. * Prepare monthly journal entries as required by each entity. * Track and oversee all mortgage payments for managed entities. * Prepare monthly distributions to owners of managed properties. * Further develop and follow a written playbook for all processes and procedures for the property management accounting team. * Additional property management accounting functions related to the portfolio

Keywords: Waypoint Real Estate, Fort Collins , Accountant, Real Estate, Accounting, Auditing , Fort Collins, Colorado