RESIDENTIAL PROPERTY ACCOUNTANT

Company: Boston Pads
Location: Boston
Posted on: October 26, 2024

Job Description:

Roles and responsibilities include:Managing bank accounts for rent, deposits, and making necessary disbursements to landlords, property management team, and maintenance vendors.Maintain subcontractor files including W9s, certificates of liability.Setting up and maintaining the chart of accountsPreparing monthly financial reports & balance sheets and providing an analysis of operating expensesPreparing budgets based on expected rental income and maintenance costsEnsuring the accuracy of the tenant ledgers and the general ledgerWorking with the property owner to ensure compliance with all loan and bond documentsSupervising internal accounting controls and answering any questions or resolving disputes related to themManaging cash flow issuesOverseeing accounts receivables and acting to collect any delinquenciesManaging the accounting for any fixed assetsForecasting performance through short and long-term financial projectionsOversee or assist with auditing processes1099 Reporting after each year-end.Work directly with owners and tax accountants to prepare documentation necessary for annual tax filings.Bachelor's degree in accounting is preferred but not required. An understanding of the real estate industry is highly desirable. Experience with AppFolio or other property management software is preferred. Our ideal candidate will have excellent organizational skills and the ability to communicate effectively.

Keywords: Boston Pads, Lynn , RESIDENTIAL PROPERTY ACCOUNTANT, Accounting, Auditing , Boston, Massachusetts