Portfolio Accountant

Job Description:

Enriching lives through investment and service is the mission at the core of everything we do at Holladay. The Portfolio Accountant supports this mission by supporting a portfolio of buildings related to the account assigned.

Essential Duties and Responsibilities include but are not limited to the following:

• Prepare all aspects of the financial statement package, including creating and posting journal entries, general ledger review and completion of balance sheet support schedules
• Ensure financial packages are completed and delivered in a timely and accurate manner to Directors of Property Management, Property Managers, and clients
• Independently provide answers to financial questions from internal and external clients
• Monitor and maintain cash balances
• Resolve all issues and document response to all review comments generated
• Analyze variances in financial statements and provides explanations to clients
• Establish resolution plans for complex tenant issues, including researching and determining the best points of contact to collaborate on resolution
• Review financials for errors/issues, and determine what adjusting entries are needed
• Review and approve cash receipt entries by the AR team, and advice AR team on application adjustments
• Identify and investigate potential AR exposures and determine which balances to escalate to property management and/or the client
• Review and approve invoice coding from the AP team, and determine the proper expense accounts and instruct adjustments as needed
• Ensures all debt, real estate tax, and sales tax (where applicable) are made in a timely manner and internal schedules are maintained
• Review leases for accuracy and independently determine the proper parties to collaborate with to determine the financial intentions of the document
• Adhere to internal accounting policies and procedures
• Develop procedures for completing various bank and balance sheet reconciliations
• Provide advice to property management on the development of budgets, and use quality control process to verify that budget information has been properly inputted into the system
• Independently manage and determine priority of outstanding tasks and research requests
• Handle client audit requests as needed
• Assist in the set up and transitions of properties which may include loading beginning balance information, sales pro-ratio calculations, and closing entries

Holladay Mission and Values: All associates are expected to live Holladay’s Mission and Values in their everyday interactions with each other, external clients, and stakeholders as defined below:

• Mission: Enriching lives through investment and service
• ENRICH Values:
• Entrepreneurial – We are empowered to dream and take risks, to challenge conventional wisdom and demand continuous improvement, to innovate, create, and inspire change.
• Nurture – We encourage and support the growth and development of each other, our clients, and our communities.
• Respect - We recognize and acknowledge the inherent value of others.
• Integrity – We do the right thing. We exhibit a consistently high moral compass.
• Community – We are a family. We have fun, serve others, and freely give of our resources. We recognize our responsibility to make our communities and world a better place.
• Health - We support the physical, financial, and professional health and well-being of each other and those we serve.

Position Competencies

• Attention to Detail: Able to “zoom in” to detail quickly and accurately; checks information, picks up inconsistencies and mistakes; can make detailed comparisons between similar sources
• Effective Communication: Is able to clearly and succinctly communicate in a variety of settings and styles; can get messages across that have the desired effect
• Task Completion: Responds effectively to clear direction; follows set procedures; solves immediate problems; escalates where appropriate; sees tasks through to completion
• Time Management: Uses his/her time effectively and efficiently; concentrates his/her efforts on the more important priorities; gets more done in less time than others; can attend to a broader range of activities; effectively prioritizes tasks

Compensation:

The Portfolio Accountant compensation will be based on experience and qualifications. This range is subject to local, state and regional dynamics and may be adjusted up or down depending on market conditions.

Supervisory Responsibility:

• This position does not have any supervisory responsibility

Promotional Opportunity:

Associates with more than twelve (12) months of service may request consideration to transfer to other jobs as vacancies become available and will be considered along with other applicants. To be considered, Associates must have a satisfactory performance record and have no disciplinary actions during the last 12 twelve (12) months. Management retains the discretion to make exceptions to the policy.

This description is not all inclusive and duties will vary depending on assigned portfolio.