Senior Property Management Accountant Salary
The average salary for a Senior Property Management Accountant is $68,452 per year.
Job Description for Senior Property Management Accountant
Senior property management accountants work primarily at real estate management companies and carry out financial calculations for places such as retail locations and housing complexes. Because this is a senior position, a great degree of responsibility is generally required. These accountants may oversee several different property locations and the accounting departments within them, and will usually work with a separate accounts payable and receivable department.Read More...
This is also a leadership position, so previous leadership experience may need to be proven. Senior property management accountants perform a variety of calculations to ensure that all books and records are closed, and they are also in charge of financial reporting and analysis. Those in this position must ensure that all work abides by standard laws and regulations, and another duty involves filing income and sales taxes for the company. They must make sure that the highest return possible is always obtained; internal audits may be carried out, as well.
This job has time constraints, so it is important for prospective applicants to be self-motivated. Organizational skills are also important, as records must be kept in an accurate and sensible manner. A bachelor’s degree in accounting and at least a few years of experience in the field are generally required.
Senior Property Management Accountant Tasks
- Balance, adjust, correct, open, close, and reconcile accounts.
- Recommend techniques to cut costs.
- Investigate budget variances.
- Prepare quarterly calculations and schedules including rent adjustments, depreciation, and amortization of fixed assets.
- Perform month end close, financial statement preparation, forecasting and budgeting.
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