Pennrose Management is excited to be hiring for a Staff Accountant for our Property Support Center in Philadelphia, PA.
The Staff Accountant is responsible for day to day accounting for all assigned properties. Works closely with Property Controller and property management.
Duties & Responsibilities
• Completes monthly and quarterly reporting packages. Mails quarterly reporting package
• Sends out miscellaneous reports as needed by banks and mortgage companies
• Reconciles all accounts receivable monthly
• Assists with preparing documentation for tax returns
• Prepares schedules for cash flow projections
• Monitors bad debt expense
• Reviews cash disbursement report and payment requirements with Property Controller
• Reviews Delinquency Reports every Friday for Property Controller
• Assists Property Managers in collecting receivables
• Runs weekly payable reports, checking for discrepancies and ensuring bills are paid
• Assists with preparation of annual budget and re-forecasts for all properties
• Reviews input of all recurring journal entries with Property Controller
• Assists with writing narrative portions of budgets with Property Managers
• Verifies closing statements on loans and prepares mortgage applications for ACH
• Maintains ledgers of cash receipts and disbursements
• Packs up items and sends to storage. Annually go through storage locations
• Submits Replacement Reserve Reimbursement requests upon approval
• Collaborates with Property Managers regarding accounting issues, tenant accounts, and vendor payments
• Updates weekly tax schedule that lists each property, whether they get audited, compiled or reviewed
statements and tax returns. List the audit firm and our contact firm. Places in shared folder general reference
documents
• Monitors Housing Authorities spreadsheet for updates
• Updates schedules weekly (debt service, management fees, weekly cash balance, reserve and escrow) and
templates (bank accounts, portfolios)
• Assists Property Controller with year end tax and audit preparation
• Maintains strict adherence to invoice approval policy. Position does not have authority to purchase any
goods or services
Required Education & Experience:
• Bachelors Degree in Accounting required
• 2 years experience in general accounting required
Advanced knowledge of accounts receivable
• Knowledge of office administration and procedures
• Knowledge of general bookkeeping procedures
• Proficiency in Microsoft Office, including Word, Excel, and Outlook
• Advanced knowledge of computer software packages and spreadsheets
• Excellent written and verbal communication skills
• Excellent analytical and problem solving skills
• Ability to pay close attention to detail and adhere to strict deadlines
• Ability to organize and prioritize work
• Ability to perform in a busy, multi-tasking work environment
• Requires the ability to read, speak, and comprehend the English language
Additional Requirements
• Requires the ability to travel (to properties, training, errands, etc.)
• Valid driver’s license preferred. This requirement could change depending on the staffing and needs of the property