This site uses cookies. To find out more, see our Cookies Policy

Property Accounatant in Alameda, CA at Nelson

Date Posted: 7/5/2018

Job Snapshot

  • Employee Type:
  • Location:
    Alameda, CA
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description

Job Number: 2121828

Primary Duties & Responsibilities include but are not limited to the following:

Financial Statements: Fully responsible for recording all transactions and month end closing entries for assigned portfolio of properties. Reconciles all bank accounts for the assigned portfolio, tenant receivables, subsidy receivables, accounts payable, and tenant security deposit subledgers to the general ledger and reviews all remaining balance sheet accounts. Monitors submission and reconciliation of HAP vouchers. Calculates and records the gross potential rent and vacancy and posts HAP receipts. Prepares monthly financial statements and reporting packages in accordance with GAAP and applicable regulations. Analyzes, investigates and explains budget variances, seeking input from Property Managers and Property Supervisors as necessary. Addresses complex accounting transactions by using analysis skills to devise and present recommended accounting treatment to the Controller. Provides required reporting to external investors by established deadlines and as requested. Provides informational reporting to internal management as requested;

Property Performance: Coordinates with the Asset Manager and supervisor to fully understand their greater role in property management and uses analysis skills to improve the quality of the financial aspect of property performance by building in additional month-end close procedures

External Auditors: Provides auditors with all required documents and work papers and assures audit questions are answered and audit issues are fully resolved. Analyzes complex accounting questions and audit findings and coordinates with controller and/ or property management and responds as necessary. Submit audits to external organizations as required by property partnership, loan and subsidy documents;

Budgets: Participates on the budget team for assigned portfolio of properties and assists in the preparation of the timeline for the budget process. Provides budget worksheets for operations and capital needs to property management for budget preparation. Ensures draft budgets are mathematically accurate. Ensures approved budgets are entered into the accounting system and that budgets are updated based on final rent increases;

Move-Out Dispositions: Prepares requests for disposition of security deposits for residents who have moved out. Ensures accounts payable are properly entered into the accounting system and checks printed as necessary. Ensures the completed move-out packet is forwarded to property management staff within the required time frame and copies are filed properly;

* Cash Receipts: Prepares non-resident cash receipts for deposit (e.g. laundry income and insurance refunds) and ensures cash receipts are recorded in the accounting system and filed;

Residual Receipts: Prepares annual residual receipts deposits and provides HUD with deposit documentation. Ensures that monthly deposits are at the required level;

Replacement Reserves: Prepares HUD Form 9250 and Tax-Credit replacement reserve requests in conjunction with the property supervisor. Tracks replacement reserve requests and releases. Ensures that monthly reserve deposits are at the required level;

External Agency Filings: Assists in ensuring compliance with municipal, state and federal regulations, including tax compliance. This includes but is not limited to preparing business property tax returns (571-L) business license applications, and assisting A/P staff with the preparation of year-end 1099 forms if necessary;

Fixed Assets: Maintains fixed asset inventory. Calculates and records depreciation monthly. Participates in inventory of fixed assets and prepares accounting adjustments;

Cross Training: Cross trains with other positions in the accounting department and provides back up to accounting staff members as needed;

Filing: Files own journal entries, month-end close packets, and bank reconciliations. Assists with annual setup of new files and move of prior year documents off-site;

Special Projects: coordinates with supervisor to take on special projects which are complex and require a high level of analysis, as assigned by supervisor during down time.

About Nelson:

For more than 45 years, we've been passionate about helping people find jobs they love - rewarding jobs that further career goals. At Nelson, we partner with companies that have outstanding reputations. Working with innovative startups to Fortune 500 companies, our skilled recruiters have access to opportunities beyond what you can find on your own.

With Nelson, you'll get the most out of your career. Together, we'll set career goals and find you a position where your skills shine. Whether you are looking for a position in: accounting & finance, administration, computer gaming, digital media, engineering, human resources, legal, light industrial, manufacturing, or technology, Nelson helps place people in full-time, temporary, temp-to-hire, project, and contract positions. For a full listing of jobs, go to: and click "Find Work."