Property Accountant

Our Client is a developer, owner, and operator of commercial real estate assets throughout Hawaii and the mainland United States. The firm has owned and operated institutional quality real estate assets throughout the United States for over seventy-five (75) years and has built a national reputation as a passionate, hardworking owner and manager dedicated to improving efficiency and maximizing profitability for investors.

The firm focuses its efforts on acquiring developable and leasable properties that provide economic development in the region and job creation for the community.

The Property Accountant is Responsible for the support of assigned properties/asset managers in all lease administration, accounting, budgeting, and reporting functions for the Asset Management division. Responsible for the training of the fee managers on all systems, including Yardi, Payscan, Asset Eye, and the Company's policies, procedures, and standards.

• Process and review (edit and post) the fee manager's work to ensure compliance with the Company's policies, procedures and standards for lease administration, monthly and periodic billings, collection and application of funds, and payment of vendor invoices (including Payscan) and insurance certificate tracking.
• Supervise, coordinate, and audit the fee manager's personnel in the day-to-day lease administration and property accounting of their assigned portfolio to ensure compliance.
• Train the outside fee manager's staff in the policies, procedures, and standards in the administrative, systems (Yardi, Asset Eye, Payscan), accounting, budgeting (Annual, Five-Year and Quarterly Reviews), and reporting requirements of the Company.
• Review and analyze fee manager reports, accounts and variance analyses for accuracy and timeliness.
• Perform all lease administration, accounting, finance, and budgeting functions for all non-fee managed properties.
• Act as liaison and contact person for fee managers and the Los Angeles office with Corporate Accounting, Finance, and Information Technology departments.
• Review, analyze, and process leases, amendments, and other written agreements entered by the fee managers into the Yardi system to ensure accurate and timely data.
• Prepare and enter leases for non-fee managed properties into the Yardi system.
• Acts as Asset Management departmental administrator for Payscan duties which include but are not limited to providing training for internal and external Asset Management users, maintaining workflows, creating and maintaining training documentation and user guides, reviewing and resolving issues with the daily invoice uploads, liaison with the fee managers, Corporate Accounting and Information Technology departments to research, assigns and guides users to resolve exceptions.
• Acts as Asset Management departmental administrator for Asset Eye duties which include, but are not limited to, providing training for internal and external Asset Management users, creating and maintaining training documentation and user guides, generates, reviews and analyzes inputs by fee managers and liaison with the fee managers, Information Technology, Corporate Accounting and Financial Services departments to ensure compliance with departmental and corporate policies and the further development of the use of the system.
• Participates in and travel to conferences, trainings and meetings, as required.
• Assists the Vice President, Finance & Accounting, Asset Management, in reviewing, analyzing, documenting and implementing and training new accounting processes, controls, policies and procedures.
• Assists the Vice President, Finance & Accounting, Asset Management, in review and testing of updated or new software, and the creation and revision of training documentation and user guides for new/updated systems.
• Assists the Vice President, Finance & Accounting, Asset Management, in reviewing, testing, analyzing, amending and creating the Asset Management Accounting, Reporting and Lease Administration Policies and Procedures Manual.
• Processes, reviews, coordinates and controls the real property tax payments for the Asset Management division.
• Prepares and enters journal entries for correcting, adjusting, accruing and reclassifying the accounts of their assigned properties as necessary.
• Reviews, analyzes and processes accounts receivable write-offs in coordination with Corporate Accounting.
• Reviews, analyzes, processes and posts accounts payable invoices/batches.
• Reviews and processes the establishment of new accounts payable vendors.
• Tracks capital expenditure, tenant improvement and lease cost payments.
• Reviews, analyzes and processes the annual expense (CAM) reconciliation for their assigned properties.
• Performs lease administration and accounting functions for property-related and administrative projects assigned to the Asset Management division. Analyzes administrative expenses and prepares journal entries to allocate these expenses to the properties.
• Prepares annual, quarterly and…