MG Properties Group has been actively involved in the acquisition, development, rehabilitation and management of apartment properties since 1992. MG Properties Group manages over 70 apartment communities, which consists of over 19,000 apartment homes in California, Arizona, Nevada, Washington and Oregon with a total market value of over $4 billion!
MG Properties Group has a great opportunity for an entry level Accountant to join our team!!
The Property Accountant is responsible for supporting the Accounting Manager with assigned properties' financial records. The Property Accountant is directly responsible for the assigned portfolio of properties' accounting functions such as processing accounts payable, posting transactions, running reports, reconciling accounts and interacting with the Community and Regional Managers to present financial statements.
Working knowledge of basic accounting principles for application of day to day responsibilities and a stronger knowledge of accrual based accounting.
Prepares monthly journal entries and accruals as required
Processes A/R checks
Processes A/P invoices and checks
Reviews A/R entries on a daily basis, solving any discrepancies as necessary in a timely manner
Reviews A/P entries such as utilities, recurring and regular invoices that are processed by A/P Clerks
Processes Security Deposit Check Requests within scheduled deadline
Processes write offs and collections
Processes monthly loan payments. Reconciles mortgage impound balances accordingly
Prepares bank reconciliations
Prepares monthly & quarterly property reports within scheduled deadlines
Analyzes monthly & quarterly financial statements and budgets
Tracks delinquency / aging and contacts Property Managers accordingly
Reviews weekly property account balances in order to manage cash flow effectively
Forecasts cash flow and cash management in a timely basis
Works closely with Property Managers and Regional Managers to help reconcile tenants accounts/ledgers
Participates in preparing and auditing materials requiring analyses of supporting documents and insures that all entries are entered into the system properly
Prepares Year End 1099's for Accounting Manager's review
Assists Senior Accountant and Accounting Manager for property taxes and insurance audits
Adjusts errors and discrepancies
Bachelor's degree in Finance or Accounting
Knowledge of and ability to use spreadsheet software, Internet and Email software
The ability to work independently and effectively in a fast paced environment
MG Properties Group is committed to enriching lives. We are an Equal Opportunity Employer and drug- free workplace. All individuals are encouraged to apply.