Job Description
Job DescriptionCompany Description
Chase Properties: (www.chaseprop.com) Was founded in 1973 and maintains a focus on acquiring and managing community shopping centers along with properties in other asset classes.
Chase Properties has 50+ years of exceptional market knowledge and experience. We secure the best available high-quality tenants in smaller markets, so that our investors and tenants can flourish. We’re conservative yet innovative, while making sure that our investment is financially sound and positioned for long-term prosperity.
Job Description
SUMMARY: The Property Accountant is required to support the Assistant Controller and Senior Management with ad hoc projects and assist in some departmental processes such as the budget, audit/tax work paper preparation processes, and tenant communication. They will also be responsible for the day-to-day accounting for a portfolio of the company’s retail assets. They will assist in accounting initiatives including, but not limited to; general ledger review, budgeting, tenant billings/collections and year-end financial statements for new and existing shopping centers in the Chase Properties portfolio. They will also support the Controller in certain Accounting Administration responsibilities.
DUTIES AND RESPONSIBILITIES:
- General ledger responsibilities for assigned portfolio of properties including but not limited to: Annual budgets, work paper preparation/year-end close work, monthly journal entries
- Facilitate and preparation of all property-level invoices, account analysis, bank statements, tenant chargebacks and billings
- Fixed Assets – Assist supervisor in recording of depreciation along with prepared reports for a portfolio of the company’s assets.
- Recovery billing responsibilities for assigned portfolio of properties including but not limited to: Year-end reconciliations, escrow adjustments, year-end accruals, tenant disputes, non-escrowing tenant tax billings, utility billings
- Monthly tenant cash application balancing and bank reconciliations for assigned portfolio of properties
- Invoice review and payment for major expenses (taxes, mortgages, construction payments, legal reimbursements, etc.) for assigned portfolio of properties
- Coordinate/Facilitate the collection of outstanding A/R amounts from tenants for assigned portfolio of properties related to year-end recovery reconciliations.
- Take on additional ad hoc projects as directed by Assistant Controller and Senior Management
SUPERVISORY RESPONSIBILITIES:
- This job has no direct reports: They are expected to assist the Assistant Controller and senior leadership within the department.
Qualifications
- Bachelor's Degree (BA) from four-year college or university with a preferred concentration in Accounting, Finance, Construction or Real Estate
- Master's Degree (MBA) or equivalent is not required but a plus.
- 2+ years of work experience, preferably in commercial real estate or public accounting, construction, venture capital with a focus in accounting or finance
- Certificates, licenses and registrations preferred, but not required: CPA
- Computer skills required: Strong computer skills with a proficiency in Microsoft Word and Excel
- Other skills desired: Previous budget/accounting software (MRI) experience
Additional Information
COMPETENCIES:
- Dependability - Follows instructions, responds to management direction; Takes responsibility for own actions; Keeps commitments; Commits to long hours of work when necessary to reach goals; Completes tasks on time or notifies appropriate person with an alternate plan
- Ethics - Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
- Innovation - Displays original thinking and creativity; Meets challenges with resourcefulness; Generates suggestions for improving work; Develops innovative approaches and ideas; Presents ideas and information in a manner that gets others' attention.
- Interpersonal Skills - Focuses on solving conflict, not blaming; Maintains confidentiality; Listens to others without interrupting; Keeps emotions under control; Remains open to others' ideas and tries new things.
- Judgement - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.
- Organizational Support - Follows policies and procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values; Benefits organization through outside activities; Supports affirmative action and respects diversity.
- Planning/Organizing - Prioritizes and plans work activities; Uses time efficiently; Plans for additional resources; Sets goals and objectives; Organizes or schedules other people and their tasks; Develops realistic action plans.
- Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations; Uses reason even when dealing with emotional topics.
- Quality - Demonstrates accuracy and thoroughness; Looks for ways to improve and promote quality; Applies feedback to improve performance; Monitors own work to ensure quality, writes clearly and informatively; Edits work for spelling and grammar
- Strategic Thinking - Develops strategies to achieve organizational goals; Understands organization's strengths & weaknesses; Analyzes market and competition; Identifies external threats and opportunities; Adapts strategy to changing conditions.
- Teamwork - Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed.
PHYSICAL DEMANDS AND WORK ENVIRONMENT:
- Occasionally required to stand.
- Occasionally required to walk.
- Frequently required to sit.
- Frequently required to utilize hand and finger dexterity.
- Frequently required to talk or hear.
All your information will be kept confidential according to EEO guidelines.