Real Estate/Property Accounting Services

Processing of payables (based on workload).
Processing of rent sweeps and posting relevant journals.
Recording rent receipts paid via credit card, cheque, or cash.
Fortnightly preparation of bank reconciliations, liaising with the finance team to ensure timely clearance of outstanding items.
Posting credit card transactions after verifying proper support.
Processing petty cash requests from sites in accordance with company policy.
Month-end accounting tasks including calculating monthly management fees, provisioning for bad debts, running monthly pre-payment reclassifications, month-end provisioning for bills, expenses, and utility accruals, preparing selected balance sheet reconciliations, inter-company reconciliations, monthly income reconciliation to check billing accuracy, and other monthly activities such as payroll accounting.
Preparation of monthly management accounts.
Year-end audit support.
Producing ad hoc financial reports and analysis as needed.

Maintenance of monthly management accounts.
Posting and reconciliation of cash transactions.
Preparation of periodic financial statements, cash flows, and associated notes.
Preparation of Net Asset Value (NAV) statements and investor reporting packs.
Assisting with the preparation of annual statutory accounts in line with the appropriate accounting standard.
Preparation of balance sheet reconciliations.
Production of property fund data.
Preparation of VAT returns and other tax compliance reporting.
Corporate and fund forecasts.
Fee calculations including waterfall calculations.
Supporting the Finance Controller/CFO in cash management responsibilities, including monitoring liquidity across the portfolio, coordinating inter-account transfers, and managing investor drawdowns.
Providing support to fund and asset managers regarding valuation and accounting queries, and responding to queries and information requests from managing agents, auditors, lawyers, and trustees.

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Property Accountant Role

Lease setup, move-ins and move-outs
Entry of invoices including 2/3 way matching with POs, utilities and payments
Monthly rent run and processing rental receipts
Bank, credit card, mortgage and insurance escrow reconciliations
Intercompany accounting including posting transfer of funds and assets between companies and reconciliations
Month end accruals and schedules
Prepare replacement reserve reimbursement requests
Simple Variance analysis of actuals vs budgeted figures
Monthly Closing of books
Detailed monthly and quarterly financial reporting for management

Senior Property Accountant Role

All activities performed at a Property Accountant level, including
Set-up of new properties in the accounting system
Perform variance analysis between actual and budgetary amounts
Maintaining distribution tables and simple waterfall-charts
Assist in yearly preparation of budgets
Assist in Year-end audit activities
Custom financial analysis such as rent roll analysis, LTV analysis etc.
Simple financial projections including cash-flow and income statement projections
Prepare simple management dashboards to track important financial and operating parameters

Accounts Payable Specialist Role

Accounts Receivable Specialist Role

Bank Reconciliations

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