Property Accountant

About the Role

The Property Accountant provides financial support to the Accounting Department by managing financial reporting, accounts payable, and cash management for assigned properties. This role ensures accurate and timely financial information while contributing to continuous process improvements that support company objectives.

This role will report to the Accounting Manager within the Finance team at the Mills Properties home office location in St. Louis, MO.

Pay based on experience.

How you will be successful

• Complete balance sheet reconciliations and maintain monthly account analysis.
• Manage property bank accounts by monitoring daily balances, recording cash-related transactions, and completing monthly bank reconciliations.
• Oversee the invoice process by reviewing invoices for accuracy and allocation, auditing vendor invoices for contract compliance, rectifying variances, and approving payments.
• Maintain the general ledger by processing journal entries, posting monthly revenue and expense accruals, and ensuring accounts are accurate before month-end close.
• Assist in monthly forecasting through report updates and analysis.
• Review and process monthly cash reconciliations.
• Approve, post, and commit payables weekly.
• Review, create, and distribute monthly and quarterly lender reporting per loan requirements.
• Prepare and submit annual workpapers; review completed tax returns, post adjusting entries, and tie out balance sheets.
• Coordinate annual and periodic property-related processes, including personal property tax and real estate tax tracking, and annual insurance invoicing and reconciliations.
• Process quarterly distributions for multi-property investments.
• Continually review and recommend process improvements to increase efficiency.
• Perform special projects and generate ad hoc reports as needed.
• Abide by all company policies, procedures, and applicable laws, including Fair Housing and ADA compliance.
• Uphold and model Mills Properties’ Core Values in all interactions and responsibilities.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of financial reporting
• Compliance with company accounting standards and policies
• Efficiency in processing payables and reconciling accounts
• Responsiveness and support to internal and external clients
• Contribution to process improvement initiatives

Required Skills & Competencies

• Accounting & Reporting - Validates and reconciles complex accounting records and G/L accounts; evaluates the accuracy and integrity of financial statements; investigates anomalies in financial information.
• Analytical Thinking - Analyzes complex situations and identifies effective solutions.
• Cash Management - Manages cash collection and disbursements while maintaining the optimum cash position.
• Recording & Reconciling Financial Transactions - Prepares financial summaries; validates and reconciles accounting records and general ledger accounts.
• Using Financials - Applies sound financial management principles; tracks costs and expenses to ensure department and property budgets remain on target.
• Achievement Orientation - Adjusts actions to meet and exceed expectations; contributes ideas for improvements in work methods and outcomes.
• Client Focus - Looks for ways to add value beyond clients’ immediate requests; anticipates clients’ upcoming needs and concerns.
• Communication - Maintains continuous, open, and consistent communication with others; tailors communication (e.g., content, style, and medium) to diverse audiences.
• Exemplifying Integrity - Treats everyone equally with fairness, honesty, and respect; follows through consistently on commitments; refrains from behavior or language that is offensive in nature.
• Teamwork - Proactively assists other team members; assumes additional responsibilities to facilitate the achievement of team goals.

Qualifications

• Bachelor’s degree in Accounting or Finance, or a minimum of 3 years of full-cycle accounting experience.
• Strong financial acumen and a thorough understanding of GAAP.
• Proven analytical and problem-solving skills with sound judgment.
• Intermediate proficiency in Microsoft Excel.
• Experience with Yardi/Voyager software preferred.
• Ability to manage multiple priorities and projects effectively.
• Excellent interpersonal, written, and verbal communication skills, with the ability to convey information clearly to all levels, including executive leadership.
• Demonstrated ability to work collaboratively, share ideas, and contribute to a positive team environment.
• Consistent professionalism, integrity, and commitment to accuracy.
• Exemplifies Mills Properties Core Values.

Mills Properties, Inc. is an Equal Opportunity Employer.

This job description is not intended to be an all-inclusive list of responsibilities, skills, efforts, or working conditions associated with the position. Management reserves the right to modify, add, or remove duties as necessary.