Property Accountant

Job description
Company Background

Operating in Colorado, Washington, California and Arizona, Woodspear is privately owned and has been in existence for over 40 years. Currently, it manages 27 multi-family properties and 15 commercial properties all of which are owned in part by the Woodspear principals. As a well-capitalized and privately held real estate investment firm, Woodspear anticipates adding one to four properties each year to its portfolio. Woodspear's primary asset types are multifamily and flex/industrial. As a general rule, the company's philosophy is one of buy and hold, rather than short-term trading. Woodspear is headquartered in Denver DTC, near I-25 and Belleview. Woodspear is a growth focused, collaborative company that values team member achievement. With its long-term focus, there are many team members that have held roles in the company for more than a decade. For more information, please visit www.woodspearproperties.com.

Job Summary

Seeking a Property Accountant who will assist in the day-to-day operations of the Accounting department. This position would be full-time, in-office with free on-premises garage parking and access to a fitness facility. The Property Accountant will report to the Controller. The annual salary range for this position is $55,000-$80,000 depending on experience and qualifications.

Compensation and Benefits

Our competitive benefits package includes medical, dental, vision, life insurance, and other optional ancillary benefits like FSA/HSA/pet insurance. Woodspear also offers 401(k) (with employer match), 6 paid holidays, and 15 annual vacation days, plus sick time.

Responsibilities

Accounts Payable:
• Review of property invoices for proper coding and support.
• Research outstanding invoices, communicate with vendors, and resolve payment issues.
• Generate and review AP report for check runs (twice weekly).
• Monitor and work closely with Property Managers to maintain updated vendor information (W-+, GL & W/C insurance).
• Reconcile monthly intercompany billing.
• Assist with year-end 10++ forms.

Accounts Receivables:
• Reconcile deposit log weekly.
• Enter and post non-tenant receipts.

General Ledger/Month End:
• Review general ledger for missed expenses and identify any material budget variances.
• Prepare and record journal entries.
• Reconcile accounting deposit spreadsheet with final property deposit log.
• Prepare monthly bank reconciliations for property operating and money market bank accounts.
• Research stale dated checks not cashed after +0 days from issuance date.

Property Operations:
• Validate and process accounting security deposit statement for resident move out refunds and balances (per State guidelines).
• Provide support and direction for utility billing management.
• Oversee and assist with vacant utility accounts for bill back to residents.
• Prepare property replacement reserve request.
• Work closely with Property Managers and provide guidance on accounting related issues for the Accountant's designated 10-15 properties.

Other Projects:
• Assist Accounting Department with ad hoc projects, as needed or requested.

Qualifications
• Bachelor's degree in Accounting, Finance, or related field, preferred
• Minimum 2-3 years of accounting experience
• Property accounting experience, preferred
• Experience with Yardi Voyager, preferred
• Experience with AvidXchange or a third-party pay platform, preferred
• Proficient in MS Office, including Word, Excel, Outlook
• Ability to multi-task and meet deadlines
• Strong attention to detail and organizational skills
• Excellent communication skills, both written and verbal