Property Accountant
Description:
POSTED 9/24/2024- THE UNITED GROUP OF COMPANIES, INC. – TROY, NY
Who We Are
The United Group of Companies, Inc. – celebrating over 50 Years in Business - specializes in all phases of real estate: development, financing, construction, and property management. Our unique Company delivers a high-quality product and high-end resident experiences within active adult senior living, student housing, multi-family communities housing, commercial properties, and mixed-use neighborhoods . UGOC, and at times with joint-venture partners, has developed and financed over $5 billion dollars of real estate projects, acquired more than $500 million in projects and managed 1.5 million square feet of commercial space and over 20,000 apartments units.
We are honored to have been voted by our employees as one of the Albany Times Union's Top Workplaces for eight consecutive years, along with being named a national Top Workplaces USA employer for four consecutive years, most recently for 2024. We have achieved this recognition by fostering a culture of leadership and accountability, offering a unique environment to our employees that cultivates individual growth and rewards performance.
To learn more about us: https://www.ugoc.com/
Join Our Team!
We have an immediate need for a Property Accountant to join our team at our Corporate office in Troy, NY. This is a full-time role, reporting to the Chief Financial Officer.
Highlights of this position’s responsibilities include:
*Full job description will be available during the interview process
· Cash management and reporting - monthly monitoring/reporting for all assets as assigned, with specific attention to distressed assets; prepares a variety of detailed accounting, statistical, and narrative financial statements and reports requiring analysis and interpretation; ad hoc reporting (cash flows/projections/finance/leasing and management requests); identifies trends, recommends actions to senior management, and creates status reports based on financial plans
· Prepares/manages bank reconciliations, monthly financial statements, and budgets
· Ensures regulatory compliance with governmental agencies and GAAP
· Assists with transitioning properties that re in the Development stage to Accounting team and/or assisting with the startup of newly acquired assets and new 3rd party management contracts
· Provides guidance to Accounts Payable staff as needed to ensure the timely and accurate payment processing.
Leads and manages budget process with Property and Regional Managers to ensure revenue and expenses are reflected and forecasted properly; provides training and guidance to employees who are unfamiliar with the Company’s best practices and/or the complexities of the process
Job Overview + Qualifications
· Job Type + Compensation: Property Accountant; $70K salary
· Schedule: Full-Time, Monday – Friday 8:00 am – 5:00 pm
· Required Education: Bachelor’s Degree in Accounting, Finance or related field required.
· Required Experience: Minimum 3-5 years of experience; Experience in real estate or property management preferred but not required; Property Management software experience, preferably Entrata, preferred but not required
· Qualities: professional demeanor; ability to serve as a role model; excellent attention to detail with accuracy; deadline oriented; self-starter with initiative; great interpersonal/communication skills
Benefits + Perks
· Benefits: Medical, Dental, Vision, Life Insurance, 401k Match (4%), PTO
o Medical – Highmark BlueShield of Northeastern NY with HSA option; eligibility 1st of the month following 60 days
o Dental/Vision – Guardian; eligibility 1st of the month following 60 days
o Life Insurance – Company paid Basic Life Insurance Policy (1x Annual Salary) with additional Voluntary Life Plans; eligibility 1st of the month following 60 days
o Retirement Plan – Voya Financial; Eligibility After 1 Year of Service; 4% Company Match
o Additional Benefits – Employee Assistance Program; United Concierge Medicine (telemedicine service, including Mental Health); Calm App Premium Subscription; Learning Care Group (childcare tuition discount); Tuition Assistance Program
o PTO – Personal (24 Hours), Sick (56 Hours), and Vacation Time (80 Hours; escalated based on years of service up to 160 Hours); eligibility after 90-day Introductory Period
o Holidays – 10 Company Paid Holidays