Property Accounting Analyst St. Paul

Saint Paul, MN - USA

Monthly Salary: $ 58000 - 63000

Posted on: 30 days ago

Vacancies: 1 Vacancy

Job Summary

Tesoro Group is seeking an experienced Property Accounting Analyst to join one of out clients team at their Corporate Office in St. Paul MN (55108). The ideal candidate will be self-motivated have 3-5 years of progressive commercial and/or residential real estate accounting experience. Experience with reconciling bank statements completing annual budgets preparing reviewing and issuing timely and accurate financial statements. Yardi experience is required. This role is contract to hire (90 days before conversion).

Salary: $58000k - $63000k - DOQ.

Schedule: 8AM 5PM Monday Friday in St Paul (With occasional travel between additional properties).

Job Duties and Responsibilities:

The Property Accounting Analyst is responsible for the execution of the full real estate accounting cycle and integrity of the financial data being produced which duties include but are not limited to:

Perpetually reforecast property cash flows during the year communicate potential cash flow issues with senior leadership and provide ad hoc financial analysis as required
Complete annual budgets with property managers and present budgets to senior leadership and owners
Prepare review and issue timely and accurate financial statements on a monthly basis
Alert senior leadership of any property performance problems as they become known and provide actionable recommendations to solve the matter
Be comfortable reading leases and loans and ensure proper adherence to all lease terms and loan covenants
Actively manage accounts receivable and communicate potential issues with property managers
Ensure the property is making prompt on-time payments confirm payable coding against budget and provide ongoing variance analysis
Meet with property managers monthly to review property performance and adjust projections
Monitor cash positions and accurately update the accounting system and general ledger on a daily basis
Provide our outside CPA firms with the required information needed to complete their annual audits/compilations and tax returns for our assets
Perform CAM administration
Reconcile bank statements
Support property managers with site projects including construction draws and lien waivers

Communicate directly with stakeholders in an effective manner
Engage in the process of onboarding new properties
Assist our finance and legal teams with questions and projects as needed
Stay up to date with changes to the accounting software accounting/tax regulations and real estate industry trends

Position Requirements:

Bachelors degree in Accounting Business Real Estate or another related field
Minimum three years of progressive commercial and/or residential real estate accounting experience
Exemplary Excel skill and the ability to run an Excel spreadsheet confidently in front of a large group
Strong analytical and creative problem-solving skills
Excellent written and verbal communication
Expertise of the Yardi software package used by the company
Ability to present and synthesize complex topics to all levels of the organization and to outside stakeholders
Curiosity a genuine desire to learn more
Excellent time management skills including the ability to adequately manage a work calendar
Highly motivated and self-directed
Strong leadership teamwork and collaboration skills
Highly organized with great attention to detail
Adaptable to change.
Pass a background check before employment.
Hold a valid drivers license and reliable transportation as this role will have occasional travel requirements.

Tesoro Group is a leading provider of specialized talent solutions dedicated to connecting exceptional individuals with exciting career opportunities across various industries. We specialize in matching highly qualified candidates with companies seeking expertise in finance technology marketing legal administrative and customer support roles. At Tesoro Group we are committed to empowering you for success by providing access to top-tier positions competitive compensation packages comprehensive benefits and unmatched communication and support.

Tesoro Group is an Equal Opportunity Employer and we welcome applicants from all backgrounds. We believe in creating an inclusive environment where talent thrives regardless of race color religion sex sexual orientation gender identity national origin age disability veteran status or any other legally protected status.

We are committed to providing reasonable accommodation throughout the application and interview process. If you require assistance please reach out to Pay offered to successful candidates is determined by various factors including education experience location job duties and certifications.

Required Experience:

Salary: $58000k - $63000k - DOQ.

Schedule: 8AM 5PM Monday Friday in St Paul (With occasional travel between additional properties).

Job Duties and Responsibilities:

Perpetually reforecast property cash flows during the year communicate potential cash flow issues with senior leadership and provide ad hoc financial analysis as required
Complete annual budgets with property managers and present budgets to senior leadership and owners
Prepare review and issue timely and accurate financial statements on a monthly basis
Alert senior leadership of any property performance problems as they become known and provide actionable recommendations to solve the matter
Be comfortable reading leases and loans and ensure proper adherence to all lease terms and loan covenants
Actively manage accounts receivable and communicate potential issues with property managers
Ensure the property is making prompt on-time payments confirm payable coding against budget and provide ongoing variance analysis
Meet with property managers monthly to review property performance and adjust projections
Monitor cash positions and accurately update the accounting system and general ledger on a daily basis
Provide our outside CPA firms with the required information needed to complete their annual audits/compilations and tax returns for our assets
Perform CAM administration
Reconcile bank statements
Support property managers with site projects including construction draws and lien waivers

Communicate directly with stakeholders in an effective manner
Engage in the process of onboarding new properties
Assist our finance and legal teams with questions and projects as needed
Stay up to date with changes to the accounting software accounting/tax regulations and real estate industry trends

Position Requirements:

Bachelors degree in Accounting Business Real Estate or another related field
Minimum three years of progressive commercial and/or residential real estate accounting experience
Exemplary Excel skill and the ability to run an Excel spreadsheet confidently in front of a large group
Strong analytical and creative problem-solving skills
Excellent written and verbal communication
Expertise of the Yardi software package used by the company
Ability to present and synthesize complex topics to all levels of the organization and to outside stakeholders
Curiosity a genuine desire to learn more
Excellent time management skills including the ability to adequately manage a work calendar
Highly motivated and self-directed
Strong leadership teamwork and collaboration skills
Highly organized with great attention to detail
Adaptable to change.
Pass a background check before employment.
Hold a valid drivers license and reliable transportation as this role will have occasional travel requirements.