Staff Accountant (Hummelstown, Pa)

compensation: Based on Experience
employment type: full-time
job title: Staff Accountant

As Accountant, you will work in a management/officer role in a private real estate management and development company. Responsibility for accounting and financial management of the company including property income and expenses, managing operating accounts, making budgetary projections, and financial reports. In addition, you will manage bank accounts and other assets, ensure compliance with regulations and complete other financial management tasks and functions. Your direct supervisor will be the President. External contacts will include on-site staff, USDA, PHFA, and HUD. Internal contacts will be the President, Property Director, Regional Property Manager and Administrative Assistant.

Essential Functions and responsibilities of the position will include, but not limited to:

1. Review property incomes and expenses and bring any discrepancies, problems, or questions to Property Manager’s attention.
2. Work with the Property Manager’s to ensure property operating accounts are maintained at a positive level and set up a control system to stabilize cash situations for financially troubled properties.
3. Monitor property investment needs with the Property Managers and arrange for surplus funds and escrows to be invested on a monthly basis.
4. Preparation of negative cash reports, interest charges and journal entries.
5. Control disbursements, review checks for accuracy (i.e. account numbers) and sign checks as needed.
6. Coordinate the submission of required budget materials to the appropriate regulatory agencies.
7. Monitor expenses to ensure compatibility with budgeted amounts. Bring any discrepancies or questions to the Property Manager’s attention.
8. Coordinate the preparation of all year-end materials for auditor review and the submission of tax returns for to the appropriate governmental bodies and work with auditors in preparing year-end audits, tax returns and auditing.
9. Prepare surplus cash statements and monitor requests for JLD distributions through appropriate Regulatory Agencies. Distribute monies to owners, as authorization is received.
10. Prepare audit bid letters. Respond to the regulatory agencies when necessary.
11. Supervise the preparation of monthly financial reports.
12. Supervise the preparation of special financial reports (i.e. owner’s requests, special reporting requirements.)
13. Review financial reports to ensure report accuracy.
14. Supervise the report distribution system to ensure proper and timely submission of reports.
15. Supervise support personnel (i.e. Property Director, Senior Property Manager, Human Resources, Home Office Property Manager and Property Managers.)
16. Perform liaison duties with Regulatory Agencies and Mortgage Companies in regards to financial reports, audits, reserve funding, and mortgage payments.
17. Review with Property Manager’s status of taxes and escrows.
18. Review with Property Manager’s the status of insurance premiums and escrows.
19. Coordinate funding of escrows and reserves.
20. Supervise and ensure proper banking procedures and maintain an ongoing relationship with Banking Institutions.
21. Ensure that the necessary controls and audit trials are accounted for through the various signature cards and balances.
22. Invest R/R funds through appropriate Financial Institutions and Mortgage Institutions.
23. Monitor the timely submission of the monthly Excess Income reports.
24. Review monthly mortgage payments and sign letters to the respective mortgage companies.


1. Knowledge and Skills with Excel, Word, Organizational Skills and Office Procedures.
2. Specialized Equipment with include the knowledge of PC Computers, Modems, 10 Key, and Adding Machines.
  • Principals only. Recruiters, please don't contact this job poster.

post id: 7746512455


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