Property Accountant

Location: 50 Main Street, Suite 1101- White Plains, NY 10606

Salary: $80K-$100K

At Panco, we believe in supporting professional growth, channeling expertise into action, and creating purpose and value in our communities on every level. An award-winning company with a solid history of success; we are seeking individuals who want to join us as we grow and expand our mission of delivering exceptional residential experiences.

Property Accountant Primary Responsibilities

• Prepare monthly bank reconciliation for all bank accounts
• Prepare monthly general journal entries, including accruals and adjusting entries
• Prepare monthly internal financial statements
• Prepare year end audit and tax schedules as requested by external accounting firms
• Provide lenders with information as requested
• Prepare reserve reimbursement schedules
• Reviews and approves any tenant account adjustments entered into accounting system for billing purposes
• Post charges, apply payments to tenants accounts and analyze tenant accounts, as needed
• Maintains all aspects of tenant security accounts
• Maintain the receivables and payables subsidiary ledgers and related reports
• Process and Code AP invoices
• Reconcile accrued accounts payable expense monthly and other general ledger accounts, as needed
• Communicate efficiently with team members and other departments to research and resolve any outstanding items that pertains to reconciliations
• Serve as backup for team members to cover vacation times
• Serve as backup for other department functions as necessary
• Perform other related tasks and special projects as requested
  
  

What we are looking for in a Property Accountant Candidate:

• Bachelor’s degree in accounting, Finance, or a related field
• Minimum of 2-3 years of experience in accounting or finance, with a focus on intercompany transactions
• Maintain accurate and up-to-date general ledger entries, including journal entries, accruals, and account reconciliations
• Prepare monthly, quarterly, and annual financial statements and reports, including income statements, balance sheets, and cash flow statements
• Assist with audits and other external reporting requirements
• Work collaboratively with other departments, including accounting, finance, and operations, to ensure accurate recording of financial transactions
• Prepare and process payments to vendors, including checks, wire transfers, and electronic payments.
• Respond to vendor inquiries regarding payment status or other accounts payable issues
• Verify and process intercompany transactions for, payroll, T&E, and fees.
• Reconcile intercompany accounts on a monthly basis and resolve any discrepancies
• Assist with month-end and year-end closing activities related to intercompany transactions
• Ensure intercompany transactions are recorded in accordance with generally accepted accounting principles (GAAP) and company policies
• Assist with identifying and implementing process improvements related to intercompany transaction processing
• Assist with daily cash management activities, including monitoring cash balances, forecasting cash flows, and preparing cash reports.
• Assist with managing bank relationships, including account openings, maintenance, and closing
• Assist with the preparation of reports for senior management, including cash forecasts, liquidity reports, and bank fee analysis.
• Participate in ad hoc projects related to financial analysis and reporting as needed
• Successful completion of required background and drug screening prior to start of employment
  
  

What We Offer

• Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
• Health Care and Dependent Care FSA and HSA.
• 401(k) with Company Match after 2 months of service.
• Generous Paid Time off. 17 PTO days, 2 Floating Holidays and 7 Company Paid Holidays. Additional PTO accrued with tenure.
• Paid Parental and Maternity Leave.
• Critical Illness, Accident and Hospital Indemnity.
• EAP, Legal Plans, Pretax Commuter Benefit, All State Identity Theft Protection and Pet Insurance.
  
  

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