What we are and what we do:-
Gallagher & Mohan works exclusively within the real estate industry. Our mission is to provide financial analysis, marketing, and accounting support to our clients. Our clients are real estate-focused private equity investors, developers, fund managers, brokers, and more. We pride ourselves on our quality, our strong communication, and our work ethic. We are a natural extension of our client’s existing infrastructure. The type of transactions we currently work on range from multifamily apartment complexes to large office towers in the United States and European markets and range in value sizes from $10 million USD - $200 million+ USD.
Job Description:
Accounts receivable Accountant will process, track, and record payments in an accurate, efficient, and timely manner. The accounts receivable Accountant will have both a day-to-day and ongoing impact on financial transactions, keeping us on track, on time, and on good terms with our valued partners.
Key Responsibilities:
- Prepare and maintain monthly, quarterly, and annual financial statements for a portfolio of properties, ensuring accuracy and compliance with accounting standards (GAAP or IFRS).
- Prepare the charge batches, Application of charges, Rent recipts creation and posting in accurate period within TAT.
- Conduct pre- and post-month-end closing activities, including posting recurring journal entries such as cash activities, payroll, property taxes, and insurance accruals or amortizations.
- Review Gross Potential Rent, Accounts Receivable (AR) analytics, and security deposit reports.
- Manage tenant ledger creation and process charges related to move-ins, move-outs, NSF’s, tenant overpayments & security deposit refunds.
- Follow up with regional property managers on resident refunds.
- Manage general ledger entries for property-related transactions, including rent, expenses, and other operating costs, using Yardi Voyager for accurate posting and reconciliation.
- Oversee accounts payable and receivable functions, ensuring timely and accurate processing of invoices, tenant billing, and collections.
- Perform bank reconciliations for property-related accounts, ensuring all cash transactions are accurately accounted for and discrepancies are promptly resolved.
- Assist in developing annual property budgets and forecasts, ensuring financial targets are met and proactively identifying areas of concern.
- Review and input lease data into Yardi Voyager, ensuring lease terms, rents, Lease validation, and related financial obligations are properly tracked and accounted for. Monitor and manage the cash flow of assigned properties, ensuring optimal liquidity for operations while maintaining compliance with financial policies.
- Assist with internal and external audits, providing requested documentation and supporting schedules to ensure compliance with accounting principles and real estate regulations.
- Support ongoing system maintenance and updates in Yardi Voyager, as well as troubleshooting issues related to financial data, accounting workflows, and user queries.
Educational Qualifications:
- Bachelor’s degree in accounting, Finance, or a related field.
- Quickbooks experience is a MUST
- 4-5 Years of experience is a must with 2+ years of experience in property accounting or real estate finance.
- Certified Public Accountant (CPA) or other relevant certifications are a plus.
Technical Skills:
- Proficiency in Yardi Voyager and Microsoft Excel (advanced formulas, pivot tables, VLOOKUPs, XLOOKUPs).
- Familiarity with QuickBooks Online (QBO) and other real estate financial reporting tools.
- Strong analytical and problem-solving skills. Exceptional attention to detail and accuracy.
- Ability to manage multiple priorities and meet deadlines.
- Good communication and interpersonal skills.
Job Details:
- Title: Accounts Receivable Accountant
- Department: Accounting
- Employment Type: Full-Time, Permanent
- Location: Remote
- Shift Timings: EST/PST (US Time Zone)
