Property Accounting Resume Sample
Franco Schoen
230 Boehm Coves,
Phoenix,
AZ
+1 (555) 425 3481
Work Experience
Property Accounting Manager
12/2016
-
PRESENT
Dallas, TX
- Completes assigned tasks related to rent expense and capital lease accounting
- Assists in the preparation of quarterly footnotes and other financial reporting requirements
- Assists with the implementation of the new FASB lease standard (ASC 842) and provides guidance on processes and controls over leases
- Researches & applies accounting regulations related to PPE & Leases
- Supports process improvement & development around real estate accounting functions to meet the changing needs of the business
- Makes decisions & recommendations on appropriate accounting treatment for real estate related transactions
- Accounts for property acquisitions and/or disposals
- Respond to inquiries from NASC, division level operations, management, and auditors
- Supervise, mentor and train a team of 3-5 individuals including Staff Accountants, Property Accountants, and Senior Property Accountants
Property Accounting Technician
04/2014
-
09/2016
Phoenix, AZ
- Work as intermediary for FP&A, CFO, CAO, and other teams to understand the GL for leasehold improvements, furniture & fixture and equipment accounts
- Identify opportunities for efficiency and new processes when they arise while maintaining proper controls
- Manage the training, development and workload of the accounting specialist staff
- Well-versed in GAAP and cash based accounting
- Work independently with minimal supervision as well as within teams
- Strong analytical, financial and systems skills
- Payment/invoicing of commission’s related to Company’s brokerage division
Property Accounting Assistant
01/2007
-
11/2013
Detroit, MI
- Understand and ensure compliance with Sarbanes Oxley and departmental policies and procedures. Evaluate and makes appropriate improvements as needed
- Review, coordinate and complete the preparation of accurate books and records for owned and third party managed properties within their portfolio
- Oversee and ensure the timely and accurate completion of property close folders
- Perform review functions during end of month close
- Perform reviews and approvals over construction project accruals and spending, as well as associated balance sheet accounts, on a regular basis
- Ensure accuracy and completeness of applicable ledger accounts through (1) leading month-end close procedures and preparation of financial statement items in a timely manner, and (2) performing monthly analytics on accrued construction costs and related depreciation expenses on a monthly, quarterly, and annual basis
- Partner cross-functionally across multiple departments
- Communicate regularly with the construction management teams on updated project status, outstanding commitments, and current spend levels
Education
Boise State University - Twin Falls Campus
2002 - 2007
Bachelor's Degree in Accounting
Professional Skills
- Strong analytical skills, Excel skills and attention to detail
- Experience with managing accounting processes and financial information through the use of strong analytical skills
- Strong organizational and analytical skills with the ability to prioritize work and meet deadlines
- Excellent problem-solving skills with complex accounting issues
- Strong organizational, interpersonal, analytical, leadership and presentation skills
- Effectively multi-task daily with shifting priorities
- Proficient skills in Microsoft Office applications: Excel, Word, Power Point
How to write Property Accounting Resume
Property Accounting role is responsible for accounting, microsoft, excel, retail, finance, credit, training, auditing, compensation, payroll.
To write great resume for property accounting job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Property Accounting Resume
The section contact information is important in your property accounting resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Property Accounting Resume
The section work experience is an essential part of your property accounting resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous property accounting responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular property accounting position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Property Accounting resume experience can include:
- Ideally be a Qualified Accountant with indicative post qualification experience or studying towards a professional accounting qualification
- Experience of leading and developing a small team preferable but not essential
- Previous experience in Big 4 public accounting or corporate accounting team
- Extensive experience with MRI property accounting software
- Experience with accounting for industrial, commercial and/or retail real estate is required
- Experience in leading and management of a team
Education on a Property Accounting Resume
Make sure to make education a priority on your property accounting resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your property accounting experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Property Accounting Resume
When listing skills on your property accounting resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical property accounting skills:
- Work independently, make decisions; Good problem-solving skills
- Excellent computer skills with proficiency in Microsoft Excel and data analysis
- Excellent customer service, communication, and interpersonal skills
- Previous experience with posting journal entries and reconciling accounts
- Experience with aspects of real estate accounting (e.g., reviewing lease info)
- Experience working in real estate/property accounting
List of Typical Experience For a Property Accounting Resume
1
Experience For Property Accounting Manager Resume
- Ensure an adequate control environment exists by developing, documenting, and enforcing adequate procedures and controls for department functions, including the timely and accurate preparation of reconciliations. Continually adhere to and update Sarbanes-Oxley documentation for the fixed asset capitalization process
- Demonstrated staff management experience and an ability to work collaboratively and effectively with all levels
- Experience within development/construction accounting is required
- Excellent organizational, analytical and problem-solving abilities
- Supervision of retention accounts for validity and accuracy
- Preparing CIP entries
- Assist with the documenting accounting policies and procedures and identify internal control issues
2
Experience For Manager, Property Accounting Resume
- Prepare brand accounting/finance models to forecast quarterly/annual financial results
- Manage the Fixed Assets accounting team
- Ensure accounting transactions are recorded in accordance with GAAP
- Month/Year end closing functions such as cash/balance sheet reconciliations, update and review workpapers,
- Record and review accounting for acquisitions/dispositions of real estate
- Assist with the annual budget process and variance reporting
- Mentor/supervise existing and new team members
- Oversight of the accounting for all portfolio properties
- Keen interest and dedication to life-long learning and self-improvement
3
Experience For Senior Accountant, Property Accounting Resume
- Assist in the preparation of the fixed asset cash flows
- Assist with fixed asset purchase accounting for acquisition including working with valuation consultants and ensuring proper considerations with Darden policies
- Manage all aspects of the monthly, quarterly and annual accounting close and financial reporting cycles – including schedules/responses related to audits and inquiries from internal and external business partners (e.g. Asset Management, GGP’s financial reporting team)
- Demonstrate an understanding of how his/her properties are reported within GGP’s external accounting/reporting (e.g. how transactions impacting his/her properties are disclosed within the 10Q)
- Prepare and be fully responsible for the P&L and Balance sheet
- Authorise all bank reconciliations
- Authorise Accounts Payable invoices for payment
- Reconcile intercompany balances with AccorInvest partners on a monthly basis
4
Experience For Property Accounting Technician Resume
- Liaise with Treasury for finance-related subjects
- Manage responsibility for the AccorInvest UK Group fixed assets
- Presentation of proposed asset write-offs
- Recharge Hotel Consultant Services Agreement (HCSA) to projects upon instructions from Construction department in accordance with AccorInvest standards
- Ensure that asset dictionary for categories and depreciation is properly managed and controlled
- Authorise bank reconciliation statements for all Hotel establishments in Construction
- Supervise payment of CapEx / Construction invoices monthly
5
Experience For Director of Property Accounting Resume
- Administer with Group Treasury Controller any centralised payments
- Supervise payments of foreign suppliers
- Complete Government statistics as requested
- Respect archive legislation periods
- Any other new legislation as and when required
- Preparation of monthly/quarterly/yearly financial statements
6
Experience For Property Accounting Assistant Resume
- Supervise staff of three Lead Property Accountants
- Assist with other ad hoc requests and projects as needed
- Detail oriented individual with ability to thrive in a dynamic environment with multiple deadlines
- Prepare cash flow workpapers and other schedules used for SEC financials
- Assist with preparation of data requests for internal and external parties
- Understand and maintain proper business and financial processes to ensure adherence to internal controls and policies
- Review and analyze Workday capital projects for proper capitalization of construction and improvements
- Develop and prepare analysis of monthly capitalization schedules
- Respond to internal and external stakeholders
7
Experience For Manager Property Accounting Resume
- Assist with all internal and external audits related to PP&E
- Manage and supervise employees to include, but not limited to: Staff direction; recruitment, hiring, training, discipline, coaching, developing and performance management. Along with ensuring the monthly reporting of financial results for properties are accurate and timely
- Review financial policies and procedures, and make recommendations to improve inefficiencies. Areas include, but are not limited to: month-end closing cycle, financial report production cycle, accounts payable management, accounts receivable management, and exploitation of various technology resources
- Assist the VP of Accounting with process improvement for the department
- Work closely with the Operations group to ensure ownership group’s expectations being maintained
- Full responsibility for the accounting and reporting of the financial position and monetary results of property/entity operations. Provide financial reporting support to leadership and management teams
- Ensure that all financial transactions are in compliance with applicable GAAP and tax regulations, as appropriate, or in compliance with Owner Directives
- Collaborate in the preparation of the annual budget and periodic forecast updates. Fully support the revenue, expense, and fixed cost budget planning and forecasting by working closely with the operations team. Ensure accuracy and timeliness of the budget and forecasting processes
- Manage the workflow of year-end audits and tax return deadlines in coordination with internal accounting teams, auditors, tax professionals, and Ownership Groups including drafts reviews and finals
8
Experience For Supervisor Property Accounting Resume
- Ensure that business licenses, personal property tax returns, real estate tax information requests, and any and all other regulatory filings or industry surveys are completed accurately and filed timely with the appropriate jurisdiction or entity
- Ensure compliance with Management Agreements, Loan Documents, Partnership Agreements, Governmental Agencies, etc
- Analyze monthly financial results and make recommendations to improve profitability through examination of contracts, payment arrangements, and any and all financial transactions
- Communicate effectively with staff, peers, senior management and clients
- Seven years of Managerial/Supervisory experience
- Seven years of Real Estate experience, with residential and retail/commercial
9
Experience For Senior Accounting Analyst Property Accounting Resume
- Three years of experience as Assistant Controller/ Director or similar role
- Meet multiple priorities and deadlines
- Oversees month end and quarter end close for each respective property
- Reviews all general ledger journal entries, reconciles balance sheet accounts
- Ensures accuracy of all general ledger and sub-ledger information
- Reviews monthly Balance Sheets, Income Statements, and Cash Flows per property to verify account balances and reasonable revenue and expense amounts
10
Experience For Accounting Analyst Property Accounting Resume
- Assists with forecasts and budgets as well as provide detailed explanations of deviations from budget based on specific materiality thresholds
- Compiles financial statements for joint venture and lenders
- Oversees and ensures that all property and tenant lease input information is up to date and correct
- Reviews CAM reconciliations and assists in the set-up of CAMs in MRI
- Reviews quarterly lender impound reimbursements for property expenses
- Assist in the annual budget process
- Monitors all financial processes and procedures
List of Typical Skills For a Property Accounting Resume
1
Skills For Property Accounting Manager Resume
- Experience with Yardi and/ or other Accounting Software, along with strong Excel skills
- Two years of Public Accounting experience and or experience working for a publicly traded real estate company
- Exceptional communication skills; ability to develop and sustain cooperative working relationships; ability to help others succeed and grow; team player
- Prior experience in related field
- Deadline-focused; organized; problem-solving skills
- Previous experience in utility, utility asset or regulatory accounting environment
- Property Accounting Experience
2
Skills For Manager, Property Accounting Resume
- Accounting experience (2-5 years of public required)
- Competitive salary commensurate with experience
- Recognize urgent/important tasks, and prioritize them accordingly
- Self-motivated; strong commitment to get the job/task done well and on-time in a fast-paced, deadline-driven environment
- Demonstrates the highest integrity
3
Skills For Senior Accountant, Property Accounting Resume
- Handle multiple high priority projects with a keen attention to detail
- Problem solve and analyze data demonstrated by the ability to assimilate new information, understand complex topics and arrive at sound analysis and judgement
- Demonstrate a positive attitude and maintain a high level of professionalism
- Commercial Real Estate experience, preferably in retail
- Operational business support experience
- Previous experience with Microsoft Dynamics GP, Prophix, Esker, SharePoint, and/or workflow automation tools that pertain to areas of accounting and contracts
- Work directly with Directors of Property Accounting to allocate and prioritize team job functions and responsibilities
- Preparing and Posting Monthly Journal Entries
- Managing the day to day accounting activities
4
Skills For Property Accounting Technician Resume
- Preparing annual budget and monitoring variances
- Ensuring accounting transactions are recorded in accordance with GAAP
- Reviewing all journal entries and reconciliations
- Oversees processing monthly fees – i.e. including property management, leasing commissions, accounting, and construction management
- Oversees processing of monthly fees including property management, leasing commissions, accounting, and construction management
- Capable of managing simultaneous projects, including following each through to completion
- Review balance sheet account reconciliations, including ensuring that outstanding items are cleared in a timely manner
- Assist in revising and maintaining departmental SOPs (Standard Operating Procedures)
5
Skills For Director of Property Accounting Resume
- Responsible for overseeing monthly mortgage and other recurring monthly payments are paid timely – avoiding any penalties for late payment
- Prepare and analyze the month-end closing and reporting processes, including journal entries and account reconciliations
- Work independently while logically and strategically taking on accounting issues which adhere to US GAAP
- Property accounting for multiple properties throughout the U.S. including
- Oversee the fixed asset processing function, including the preparation of efficiency, accuracy and productivity metrics
6
Skills For Property Accounting Assistant Resume
- Complete the full handover of all accounts and supporting documents to Hotel Accountants upon the Hotel opening
- Review journal entries and posting to the company’s accounting system
- Assist with the quarterly audit process by providing schedules and responding to inquiries from company’s external auditors
- Knowledge of all core accounting principles and best practices, including US GAAP
- Research and implement FERC or state regulatory accounting issues including rate case support, as well as modifications to, or new, rate orders
- Maintains a full understanding of all property specific processes and upkeep of pertinent information relating to specific properties
- Oversee all aspects of Property Accounting including A/R, A/P variance analysis, lease review
- Periodic review of trial balance including supporting schedules for balance sheet accounts
7
Skills For Manager Property Accounting Resume
- Coachable personality that is willing to learn and grow
- Work with CPA firm in preparing year-end tax packages
- CAM billing and reconciliations
- Work fluidly with data and across systems e.g. reporting tools
- Ensure compliance with GAAP in the recording of assets, expenses, prepayments and liabilities
- Manage responsibility for Hotels under Construction accounting
- Perform and supervise all accounting functions
- Assist with income tax accounting and tax return preparation
8
Skills For Supervisor Property Accounting Resume
- Work closely with accounting management on process improvement projects
- Assist with annual budgeting as needed
- Review the work of the accounting staff and provide the team the necessary resources to complete their work efficiently
- Preparation of monthly journal entries, account reconciliations, analysis, and reporting for property related balance sheet and income statement accounts
- Provide accounting support as needed for routine transactions as well as larger strategic initiatives
9
Skills For Senior Accounting Analyst Property Accounting Resume
- Assist in SOX documentation updates and testing
- Identify process improvements and assist in implementation to produce efficiencies at all stages of the accounting process
- Supervise asset registration and accounting functions for all moveable equipment transactions
- Monitors staff's daily activities such as work schedules, time sheets and absences, and hiring of temp employees
- Oversees day-to-day accounting operations of commercial property buildings
- Responsible for reviewing bank reconciliations
- Reviews monthly funding requests and monthly distributions to investors
- Month/Year end closing functions such as cash/balance sheet reconciliations, updates and review of workpapers
- Preparation of work papers and financial statements including footnote disclosures for external auditors
10
Skills For Accounting Analyst Property Accounting Resume
- Ensure that all escalations and recoveries are properly invoiced, including CAM, taxes, utilities, insurance, repairs, etc
- Supervise and oversee accounting personnel
- Perform detailed and high-level analytical reviews of financial results; coordinate monthly analyses at the posting account and financial statement levels
- Health, dental, vision care insurance package
- Paid sick, holiday and vacation time
List of Typical Responsibilities For a Property Accounting Resume
1
Responsibilities For Property Accounting Manager Resume
- Oversee, mentor, coach and develop a team of 4-6 Property Accountants to ensure accurate and timely recording and reporting for property level financial statements in accordance with GAAP and other accounting policies
- Review work and hold team accountable for work quality
- Manage all aspects of the monthly, quarterly and annual accounting close and financial reporting cycles – including schedules/responses related to audits and inquiries from internal and external business partners (e.g. Asset Management, Operations, etc)
- Achieve/maintain an in-depth knowledge of his/her assigned properties and communicate significant issues impacting the financial results with Assistant Controller, Controller, Regionals and SVPS
- Document and record ownership-level transactions based on relevant legal documents (e.g. debt agreements, purchase and sales contracts and joint venture agreements)
- Oversee cash management of Property Accountants, and maintain tracking schedule of priority payments such as mortgage, tax, insurance and distributions to owners, to prevent fines, penalties, or issue
- Responsible for quarterly evaluations of 4-6 property Accountants, including discussions of compensation and personnel issues
- Responsible for maintaining confidentiality with regards to proprietary information (staff and company related)
- Enforce/ensure internal controls and recommend additional procedures to ensure adequate controls, policies and procedures are in place
2
Responsibilities For Manager, Property Accounting Resume
- Problem solve independently, and ability to navigate through problems while maintaining political savvy both internally and externally to prevent items from snowballing
- Adapt to ever changing processes and requests while maintaining a positive and contagious spirit
- Strong personal initiative, enthusiasm, results orientation and resourcefulness; exhibits sense of ownership and a commitment to achieving the organization’s goals and an ability to overcome obstacles
- Experience with aspects of real estate accounting (e.g., reviewing lease info, posting settlement activity, etc)
- Broad knowledge of accounting principals and practices (GAAP), financial policies and procedures and internal controls
- Perform accounting research on technical matters
- Assist financial operations personnel and other company departments with questions and information requests as needed
- Manage special projects and initiatives as assigned
- Coordinate and complete audit requests as needed
3
Responsibilities For Senior Accountant, Property Accounting Resume
- When visiting an American Campus Community, support our commitment of unparalleled customer service and curb appeal, including never walking by a piece of trash without picking it up. At ACC – we are all groundskeepers
- Oversee the accounting for a portfolio of properties
- Prepare and review the calculation of asset management fees, property/construction management fees
- Assist with the preparation and review of tax packages for external tax accountants
- Prepare audit work papers and financial statement & footnote disclosures for external auditors
- Prepare ad hoc reports for various internal and external parties
- Assist with the preparation and review of tax packages for external tax providers
- Assists with forecasts and annual budgets as well as provide detailed explanations of deviations from budget based on specific materiality thresholds
4
Responsibilities For Property Accounting Technician Resume
- Compiles financial statements for joint ventures and lenders
- Communicate effectively with internal business partners to ensure accurate and timely financial statements (e.g. Lease Accounting, Development Accounting, Treasury, etc.)
- Manage all aspects of the monthly, quarterly and annual accounting close and financial reporting cycles including schedules/responses related to audits and inquiries from internal and external business partners (e.g. Asset Management, GGP's financial reporting team, joint venture partners)
- Demonstrate an understanding of how his/her properties are reported within GGP's external accounting/reporting (e.g. how transactions impacting his/her properties are disclosed within the 10Q or fund reporting, as required)
- Strong personal initiative, enthusiasm, results orientation and resourcefulness; exhibits sense of ownership and a commitment to achieving the organization's goals and an ability to overcome obstacles
- Broad knowledge of accounting principles and practices (GAAP), financial policies and procedures and internal controls
5
Responsibilities For Director of Property Accounting Resume
- Sustain a highly engaged team by providing effective management, leading by example, communicating direction, mentoring, performance management, coaching and developing direct reports; and empowering individuals to make decisions and be accountable for their actions
- Responsible for timely and accurate completion of team contributions to the annual activities such as property budgets, final operating cost recovery adjustments, annual property taxes, and property audits
- Participate in the planning process for timing and completion of annual and monthly activities including annual budgets, annual audits, annual operating cost recovery adjustments, annual property taxes, monthly cut-off schedules, and monthly reporting
- Review of monthly and annual direct team activities to ensure that desired results are achieved according to deadlines, accounting standards, standard operating procedures, and policies/requirements
- Directly manage a team of Property Accountants including planning, developing, providing overall guidance and direction, and training the team to success, while operating efficiently to ensure the needs of the business are met in a timely manner
- Responsible for timely completion of property accounting activities including month-end, quarter-end, year-end, operating cost audits, recoveries, budgets, and forecasts
- Proactively identify and analyze opportunities for improving quality, effectiveness, and efficiency of team deliveries, and take action to put solutions in place to achieve optimal results
6
Responsibilities For Property Accounting Assistant Resume
- Liaise with property management, asset management, and other stakeholders and functional groups worldwide to ensure property accounting team is delivering responsive, top tier service as well as provide assistance and advice as required
- Work with internal and external auditors on operational and SOX control reviews and audits as well as audit working papers, financial statement audits, and operating cost audits for tenants
- Support with new property set up, analysis, and follow-up of complex and/or outstanding issues such as clearing balance sheet reconciliations as required
- Support positive team dynamics and culture including a positive, open, team focused work atmosphere
- Support with property onboarding and offboarding including helping to prepare final operating statements, distributions, tax reconciliation, bank accounts, and other acquisition and disposition related activities
- Provide expert knowledge on property accounting and act as go-to resource for team
- Actively contribute to process improvement ideas and lead or participate in special projects for the ongoing advancement of best-in-class capabilities and service excellence
7
Responsibilities For Manager Property Accounting Resume
- Review and approve financial accounting working papers to ensure effective property accounting including follow-ups and resolutions as required for best-in-class service and for both internal and external auditors
- Deliver service excellence to all clients, customers, and team members
- Strong competencies in some of the following: real estate, accounting standards, finance, audit, management, and design, implementation, and presentation of advanced financial and business focused reporting including MD&A style lease and operations reporting
- Aptitude and desire to manage people, team deliverables and performance
- Effective time management skills, works well under pressure to meet tight deadlines; ability to handle multiple demands and competing priorities; ability to prioritize workload; ability to work and analyze at a high level; willingness to learn in a dynamic environment that includes new ideas and change
- Review output from the property accountants including monthly reports, variance analysis, year-end files, financial statements and budgets to ensure accuracy and completion
8
Responsibilities For Supervisor Property Accounting Resume
- Aptitude in identifying, analyzing, and solving problems with sound decision making skills
- The ability to perform with exceptional integrity, always striving to do the right thing and help to create an environment built on trust, honesty and respect
- Dedication to service excellence for customers, clients, and team members with an eagerness to share ideas and look for opportunities to improve
- Control, maintain and review the general ledger
- Detail orientated and roll up your sleeves attitude
- Approve and process invoices and check payments
- Review lease abstracts and recovery set ups
- Assist Property Managers on monthly financial analysis
9
Responsibilities For Senior Accounting Analyst Property Accounting Resume
- Prepare and review monthly billings
- Work with CFO & outside accountants for preparation of tax returns
- Maintain aspects of the general ledger accounts and business transactions for multiple properties
- Review and streamline accounting and business processes for greater efficiencies and to ensure a strong control environment; ensure proper internal controls and policies/procedures for all areas of responsibility
- Sound knowledge of bookkeeping theories, practices, and accepted office procedures; knowledge of accounting procedures
- Recommend and implement approved changes in accounting methods, policies, and procedures
10
Responsibilities For Accounting Analyst Property Accounting Resume
- Manage treasury and cash management functions as assigned (such as credit reviews, collections, payments)
- Full health insurance package
- Paid sick days, vacation days and holidays
- Effective communication and collaboration skills and demonstrated ability to work in a team environment and foster good relationships with teammates and business partners
- Works independently, exercises good judgment and makes sound decisions
- Property Management/Construction industry experience
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