Job Description
Description Doran Companies is looking for a Sr. Real Estate Accountant. Take the next step in your accounting career with a role that truly values your experience. As our Senior Real Estate Accountant, you'll lead critical financial functions for our Property Management Division bringing a higher level of ownership to complex accounting activities and making a meaningful impact on the day-to-day financial health of our properties. This is an in-office position based in Bloomington, MN. Position Purpose: The Sr. Real Estate Accountant will prepare monthly financial reporting for residential properties, including financial review, monthly journal entries and balance sheet reconciliations. You will work with a portfolio of properties with various levels of complex accounting. You will ensure that all major projects, month-end, and year-end reports are completed accurately and on time. You will be key in assisting the Accounting Manager with the ongoing development and establishment of accounting policies and procedures as well as operational strategies. Essential Functions: Accounts Payable and Receivable Management Approve invoices and process checks Ensure timely payment of bills and collection of rents Maintain accurate records of accounts payable and receivable Monitor debt levels and compliance with lender debt covenants Manage payment workflows Maintain and improve accounting policies and procedures. Manage invoice inbox Financial Reporting Ensure that all projects, month-end, and year-end reports are completed accurately and on time Prepare monthly financial statements to investors and lenders Establish a system of internal controls to ensure timely and accurate reporting Coordinate, prepare and review monthly, quarterly, and annual reports Prepare, consolidate, and review monthly financial statements Calculate and report monthly financial and operating metrics to senior leadership Whitecap credit card processing and reporting Manage the accounting on multiple, complex, multi-family properties Bank Reconciliation Perform bank reconciliations and prepare year-end papers for outside tax accountants Prepare monthly bank reconciliations, A/P, and A/R Budgeting and Forecasting Support site property teams by participating in budgeting and cash flow forecasting Prepare annual budgets and operating expense reconciliation Analyze budget variances and report significant issues Accounting Support Prepare year-end audit/tax packages Be the first point of contact for questions for junior accounting team members Assist with mentoring and training accountants on the team Compliance Maintain and improve accounting policies and procedures Assist in preparation of tax returns and compliance with tax regulations Maintain records for property tax assessments and payments Requirements Required Skills / Abilities: Experience preparing and analyzing financial statements Cash flow experience Experience with balance sheet management Must be a self-starter and be able to work independently Analytical ability to develop and implement improvements and recommendations Must have great attention to detail Highly proficient in Excel and Microsoft applications Education / Experience: 5 to 7 years of relevant experience in accounting or accounting-related field 3 to 5 years minimum experience in real estate/property management and commercial accounting Yardi Voyager experience required Must have a valid drivers license and reliable source of transportation Compensation details: 82000-90000 Yearly Salary PIda9e049b75ab-26289-40437790