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Senior Property Accountant

Company: Jones Lang LaSalle Incorporated
Location: Seattle
Posted on: March 20, 2023

Job Description:

JLL supports the Whole You, personally and professionally.Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients. We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work. -Whether you've got deep experience in commercial real estate, skilled trades, and technology, or you're looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally.Sr. Property AccountantFinancial Close

  • Prepare the month-end workpapers each month for a portfolio of properties including all balance sheet reconciliation. This includes preparing bank reconciliations for the operating and depository accounts, AR rollforward, prepaid expense rollforward, construction WIP schedules, fixed asset and depreciation schedules, straight-line-rent rollforward, accrued expense schedule, rent roll reconciliation.
  • Ensure monthly financials comply with GAAP.
  • Calculate the monthly management fees for each property.
  • Perform a trial balance flux analysis, noting significant variances in monthly activity over each GL account.
  • Ensure the trial balance from the property accounting system (MRI) is being properly mapped to the client's central accounting system (Oracle).
  • Respond to questions from the client central accounting team and provide detailed journal entry analysis over GL activity.
  • Perform analysis over accrual submissions from the finance team to ensure no accruals are being missed and that aged accruals are correct and being billed.
  • Reconcile work-in-progress job cost reports with budgets for construction projectsAccounts Receivable
    • Monitor ACH and lockbox deposit activity daily in the depository bank account.
    • Submit deposit backup to the AR team to post to the accounting system, noting how the payment should be applied to open AR.
    • Prepare analysis of aged AR on a monthly basis and distribute to property teams.
    • Review and submit manual tenant adjustment forms and other misc. AR forms to the AR team.Accounts Payable
      • Monitor operating account activity on a daily basis, notify finance team when client funding is transferred, and reconcile funding amount to current check batch.
      • Prepare the commit payment batch reports and submit to AP team for each check run.
      • Enter check information from current check batch into the positive pay feature in the banking portal.
      • Prepare GL activity backup for each client funding request with analysis between GL balance and minimum reserve balance.
      • Post fully approved invoices from the AP module to the GL in the accounting system.
      • Respond to monthly internal audit requests with invoice and PO backup for audit selections.Budget
        • Support the finance team during the biannual budget process by preparing requested ad hoc workpapers and providing details of historical information.Supervision
          • Supervise staff accountant in completing monthly financial close, AR, and AP procedures.
          • Delegate work as necessary to staff accountant and perform reviews over work.Sr. Property Accountant Skills/Qualifications:
            • Bachelor's degree in accounting, CPA preferred
            • Strong background in GAAP required
            • Background in property management accounting software like Yardi and MRI strongly preferred
            • 3-5 years of relevant experience in preparing journal entries, balance sheet reconciliations, and trial balance flux analysis
            • Strong background in Microsoft Excel including experience using and writing vlookup functions, if functions, and data validations
            • Experience using an AP module and job cost module interface within an accounting system
            • Ability to communicate effectively over email with client, vendor, and property team stakeholders outside of the accounting departmentEstimated compensation for this position is:85,000.00 - 115,000.00 USDThe salary listed is an estimate and not guaranteed. A salary offer will vary based on applicant's education, experience, skills, abilities, geographic location, internal equity and alignment with market dataLocation:Hybrid -Seattle, WAIf this job description resonates with you, we encourage you to apply, even if you don't meet all the requirements. -We're interested in getting to know you and what you bring to the table!Personalized benefits that support personal well-being and growth:JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits, include:
              • 401(k) plan with matching company contributions
              • Comprehensive Medical, Dental & Vision Care
              • Paid parental leave at 100% of salary -
              • Paid Time Off and Company Holidays
              • Flexible and Remote Work Arrangements may be availableAbout JLL -We're JLL-a leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over 102,000 individuals around the world who help real estate owners, occupiers and investors achieve their business ambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility. That's why we're committed to our purpose to shape the future of real estate for a better world. We're using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people, and our communities.Our core values of teamwork, ethics and excellence are also fundamental to everything we do and we're honored to be recognized with awards for our success by organizations both globally and locally. -Creating a diverse and inclusive culture where we all feel welcomed, valued, and empowered to achieve our full potential is important to who we are today and where we're headed in the future. And we know that unique backgrounds, experiences, and perspectives help us think bigger, spark innovation, and succeed together.JLL Privacy NoticeJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL's recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.For more information about how JLL processes your personal data, please view our .For additional details please see our career site pages for each country.For candidates in the United States, please see a full copy of our Equal Employment Opportunity and Affirmative Action policy .This position may require you to be fully vaccinated against COVID-19. If required, you'll be asked to provide proof that you're fully vaccinated upon your start date. You're considered fully vaccinated two weeks after you receive the second dose of a two-dose vaccine series (e.g., Pfizer or Moderna) or two weeks after a single-dose vaccine (e.g., Johnson & Johnson/Janssen). Failure to provide proof of vaccination may result in termination. -Jones Lang LaSalle ("JLL") is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. - If you need a reasonable accommodation because of a disability for any part of the employment process - including the online application and/or overall selection process - - you may contact us at . This email is only to request an accommodation. Please direct any other general recruiting inquiries to our page > I want to work for JLL.Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment.Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest.Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. - Only job-related convictions will be considered and will not automatically disqualify the candidate.California Residents onlyIf you are a California resident as defined in the California Consumer Privacy Act (CCPA) please view our - which describes your rights and disclosures about your personal information. -If you are viewing this on a mobile device you may want to view the CCPA version on a larger device.Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Keywords: Jones Lang LaSalle Incorporated, Seattle , Senior Property Accountant, Accounting, Auditing , Seattle, Washington

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