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Property Accountant

Wallick Communities • Full-time • New Albany, OH, United States, OH, United States • 15h ago

Description

Job Title: Property Accountant

Location: New Albany, Ohio

Job Type: Full-Time

Make a Difference—And Own Your Future

Join Wallick Communities, a 100% employee-owned company with over 55 years of experience in providing affordable housing and assisted living for families and seniors across the Midwest. With 1,000+ associates and a mission to open doors to homes, opportunity, and hope, we take pride in fostering a supportive and collaborative work environment where every employee-owner plays a vital role.

A Career with Wallick Means. . .

Creating Homes for People Who Need It Most:Providingnew beginnings for residents seeking affordable, safe and high-quality housing where they can thrive.
Pay-on-Demand: access your money as you earn it.
Exceptional Benefit Package: Health, dental, vision insurance effective within 2 weeks of starting your new job, paid time off, gym membership reimbursement, paid parental leave, 401K, and more!
Work-Life Balance: Paid time off, including paid parental leave.
Learning & Support: A supportive team that cares about your continued development, well-being and professional growth.
Resident Stories That Stay with You: From Henry, who moved into his first-ever home, to Jaci, whose stay at a Wallick community allowed her to achieve homeownership and graduate college, kickstarting her dream career.
Work-Life Balance: Paid time off, including paid parental leave.
Career Growth: Tuition reimbursement, training, professional development, and advancement opportunities within a company that invests in its people.
Employee Owned, Resident Focused: As a 100% employee-owned company, your daily work (supporting our residents) also contributes to your financial future by sharing in our profitability.

What You’ll Do:

The Property Accountant is responsible for the financial statements produced for all assigned communities. This position is required to analyze data, provide variance analysis, review entries, make corrections, and perform reconciliations in the pursuit of accurate reporting. This position must communicate with outside partners (ie - lenders, investors, and government agencies).

Qualifications Required:

•Requires a bachelor's degree in accounting or real estate. Or equivalent experience of 5+ years in the role.

•Effectively able to record journal entries and evaluate financial statements for accuracy and completeness.

•Strong analytical, critical thinking, and communication skills.

•Should possess basic knowledge of laws and regulations governing: HUD, Tax credit, public housing.

•Should possess basic knowledge of construction, affordable/senior living development accounting.

•Should possess basic knowledge of ownership structures and financial modeling. Ability to analyze and provide commentary on financial results/variances.

•Possess intermediate skills in Excel.

•Must possess the ability to read and analyze financial reports and other accounting data.

•Must be able to respond to inquiries from assigned properties and internal stakeholders.

•Ability to communicate with lenders, investors, auditors, and various governmental representatives.

•If working remotely, the ability to have reliable internet for online communication.

Licenses/Certifications/Registrations:

Willing to pursue an MBA, Masters, CPA, CGMA, or other certification relevant to the industry. Not a requirement but may allow for future growth within the organization.

Functions and Responsibilities:

•Perform all accounting journal entries and analyze financial information specific property accounts for 30 sites monthly.

•Reconcile bank accounts and having supporting schedules monthly for all balance sheet accounts.

•Review income statement accounts on an analytic basis to ensure GAAP and HUD standards are followed and any variances are explainable.

•Prepare reporting monthly, quarterly, and annually.

•Work with lenders, syndicators, investors, regulatory agencies, and various internal stakeholders on reporting and inquiries.

•Review audits and tax returns for assigned sites.

•Assist in annual budgeting for the sites.

•Desire to learn more complex accounting transactions: acquisitions, refinance, casualty loss, sales, other onboarding/offboarding.

•Assist on projects that ensure internal controls and bring efficiency.

•Learn HUD, RD, and other applicable regulatory agency requirements.

•Ensure payments made on taxes and other annual items, along with verifying the accuracy of accruals analytically.

•Oversee interns that are hired.

•Perform other related duties as assigned.

Physical Demands: Position requires work to be performed in an office setting. Extensive use of a computer, keyboard and mouse; requires walking talking, seeing and hearing. Must be able to work in a fast-paced environment.

Work Environment: Work takes place in an office setting with moderate noise levels. Occasional travel may be required.

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