Company Description

Multifamily Property Management

Job Description

Property Accountants are responsible for producing accurate and timely monthly financial reporting for a specified portfolio of communities. Property Accountants work closely with various departments within FPI, as well as FPI's Clients on a continual basis.

• 800 Iron Point Rd, Folsom, CA 95630, USA
• Full-Time
  
  

Pay: $28 - $33 / Hour

Duties And Responsibilities

• Financials
• Analyze General Ledger by confirming balances in all accounts.
• Verify expenses are in appropriate accounts.
• Determine what accrual expenses need to be recorded.
• Create Excel spreadsheet reports when needed.
• Produce preliminary reports for review and finalize reports once approved.
• Balance year end records following recording of year end audit entries.
• Ability to differentiate various reports and understand how each report affects other reports.
• Ability to determine and record year end closing entries to close the books of the preceding year.
• Accounts Payable
• Review and input A/P invoices received from sites; verifying accuracy of coding and allocation of expenses; using detail description for all expenses.
• Produce weekly Aged Trials (listing of outstanding A/P invoices) for approval.
• Create check run for approved A/P invoices.
• Match checks to appropriate invoices; mail checks.
• Cash Control
• Maintain accurate monthly cash logs by recording deposits banked by onsite staff and weekly check runs.
• Deposit all miscellaneous income and record on cash logs.
• Reconcile monthly cash logs with bank statements
• Journal Entries
• Ability to determine and record accrual basis journal entries such as vacancy loss, property tax expense, property insurance expense, expenses incurred but not invoiced.
• Ability to determine and record any reversing entries needed.
• Ability to determine and record year end closing entries to close the books of the preceding year.
• Ability to determine accounts affected and record year end auditors adjusting entries.
• Communication Skills
• Ability to relate to Portfolio Managers, Community Directors and/or Owners transactions recorded on monthly financials.
• Communicate with On-Site Staff when needed with regards to deposits, A/P invoices, check requests, etc. whether via telephone or email.
• Ability to communicate whether verbal or written with Portfolio Managers, Community Directors and/or Owners regarding issues concerning their property in a timely manner.
• Ability to communicate with various vendors, to obtain A/P invoice copies, resolve A/P invoice issues.
• Assist Annual Audits
• Print out annual reports required by each auditor.
• Box up annual property files.
• Communicate with auditors (either verbal or written) in a timely manner in response to questions about various transactions and/or journal entries made during preceding year.
• Other Job Functions:
• Perform any and all functions as directed by the supervisor, including special project assistance
• Responsible for meeting all training requirements for the position- including Grace Hill, Safety Meetings, etc.
• Comply with all FPI policies and procedures

Qualifications

Minimum Requirements:

• High School diploma or equivalency certificate, required. College degree with a focus in Accounting or Economics, preferred.
• Basic Accounting experience and thorough understanding of GAAP. Experience in the property management industry, preferred.
• English language proficiency (speaking, reading, and writing).
• Intermediate to Advanced proficiency in Google Apps (Gmail, Drive, Docs, Sheets) and Adobe Acrobat. Basic proficiency in Microsoft Office (Word, Excel). Yardi and RealPage experience a plus.
  
  

Skills Required:

• Customer Service
• Basic Computer Skills
• Internet Use
• Yardi
• Microsoft Excel
• Google Sheets
• G-suite
  
  

Additional Information

Essential Attributes

• Embracing and exemplifying ourHEARTcore values and incorporating them into every task performed and every interaction with clients, supervisors, team members, colleagues, residents, vendors, etc.
• Positive influencing, interpersonal, and communication skills are essential.
  
  

Why look at FPI for your next career step?We are one of the largest third-party 100% fee-managed Property Management companies in the nation, an industry leader in both the Conventional and Affordable Housing spaces, managing over 850 communities (~150,000 units) across the country, and employing ~3,500 team members. We offer comprehensive compensation and benefits packages (employee-only employer-paid plan available), ongoing training, and plenty of opportunities to grow your career. Come join Team FPI!

EEO/EVerify Statements

FPI Management is an Equal Opportunity Employer. All qualified applicants are encouraged to apply. FPI Management participates in the E-Verify program.