- Company: Colliers International
- Updated: 6/8/2021
- Location: Little Rock
- Status: Full-Time
- Job Level: 3-5 Years Experience
- Region: Central
- Category: Accounting/Bookkeeping, Banking/Finance, General Employment, Professional
Under minimal supervision, applies cash and accrual accounting principles to prepare, analyze, maintain and deliver complete and accurate financial reports for a diverse basic to complex portfolio of commercial real estate properties; and complete special projects as assigned.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Completes basic to advanced level accounting transactions in preparation of client financial statement packages.
Reconciles bank transactions related to assigned properties.
Creates and posts journal entries.
Ensures that all expenses, receipts, owner's distributions, funding requests and other transactions for the accounting period have been accurately prepared and posted.
Reconciles subsidiary ledgers to the general ledger; i.e. accounts receivable and accounts payable.
Record, reconcile and analyze daily tenant transactions as needed; i.e. tenant charges, tenant move outs including deposit capture and refunds.
Generates and reviews financial packages for accuracy and comprehensive reporting.
Prepares packages per the monthly closing schedule to ensure timely delivery to the client and other management teams.
Prepares and reviews funding and payment requests from property managers and owners for accurate documentation and authorization.
Responds to and resolves issues and requests in a timely manner from Colliers’ principals, management teams and clients regarding various accounting issues and reports, including the financial statements.
Prepares year-end financial package for the tax accountants (as needed), records tax adjusting journal entries and reconciles to the tax trial balance.
Researches open accounting issues and recognizes potential issues and/or conflicts so corrective action can intercept and minimize issues.
Participates in new property and client transitions, and client audit requests.
Communicates requests for additional services from clients to the property managers and/or senior management.
May oversee the completion of projects including independent preparation and review of the1099s, purchase/sale proration, franchise tax returns and analyzing possible software enhancements.
Performs other duties as assigned.
No formal supervisory responsibilities in this position.
Provides informal assistance such as technical guidance, and/or training to coworkers. May coordinate and assign tasks to co-workers within a project. May coordinate work with other team members.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and EXPERIENCE
Degree from a four-year college or university program with an emphasis in accounting, finance or an equivalent of education and experience required. A minimum of four years’ experience in commercial real estate property accounting and experience with real estate accounting software (Yardi) preferred.
CERTIFICATES and/or LICENSES
Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to property managers, owners and CI principals as needed. Ability to effectively present information.
Requires an intermediate to advanced knowledge of accounting principles to include accounting methods (cash, modified cash and accrual) and knowledge of GAAP (generally accepted accounting principles), an understanding of various entity structures and a basic knowledge of tax accounting. May also conduct some financial analysis.
Ability to comprehend, analyze, and interpret real estate documents; i.e. management agreements, settlement statements, lease agreements. Ability to solve problems. Requires advanced analytical and quantitative skills.
OTHER SKILLS and ABILITIES
Intermediate to advanced knowledge of computer software and hardware (i.e. Microsoft Office Suite Products). Ability to work in multiple accounting software applications.
Team player with a positive attitude who has the ability to work well others and interact with company principals, employees and clients on a regular basis.
SCOPE OF RESPONSIBILITY
Decisions made with an understanding of procedures, company policies, and business practices to achieve general results and deadlines.
PHYSICAL REQUIREMENTS/JOB DEMANDS
Repetitive motion involving hands, wrists and/or fingers.
Reaching, bending, squatting, lifting, pushing, pulling and kneeling.
Working under deadlines.
Sitting for long periods of time.