Property Accountant

Property Accountant

Full-time

Pay Range: $75,000.00 - $85,000.00

Exempt

Make a difference by providing great care and love for our treasured residents  

At MorningStar Senior Living, we talk a lot about culture. In fact, we rather obsess about it. For without a transformative culture, we cannot begin to elevate and celebrate the lives of our resident-heroes and be ourselves changed for the good in the process. So, we seek great hearts, other people like us, who care and want to do work that matters. We select people like us who believe that the most satisfying life is one that is outward-bound and rooted in servant-leadership.  

JOB SUMMARY

The Property Accountant is responsible for accounting functions related to the financial statement preparation for a portfolio of senior housing communities.  The position reports to the Accounting Manager and will have regular interaction with leaders in the Operations team including the Business Office Manager, Executive Director & Regional VPs.  

POSITION DESCRIPTION

• Responsible for the full profit and loss statement and balance sheet for 7-9 individual senior living communities. 
• Collaborate with the Business Office Manager of the community to ensure accurate and timely completion of journal entries and accounting reports in accordance with GAAP 
• Strong organization skills: ability to handle multiple tasks and manage time effectively 
• Calculates and enters monthly contract item accruals such as janitorial, security and utility expenses to match expenses to the period incurred, and review trial balance for reversing of same entries in next accounting period. 
• Prepare bank reconciliations and balance sheet reconciliations  
• Prepare documentation allocating expenses among the communities  
• Prepare payroll/vacation/benefits accrual  
• Update and prepare depreciation and amortization schedules 
• Calculate, report and remit Sales and Use taxes 
• Analyze and explain Budget to Actual variances 
• Produce cash flow forecasts 
• Properly record transactions involving purchase of new capital equipment 
• Assist with various accounting projects as needed 
• Contribute to Process Improvement related to above duties and responsibilities 
• Maintain professional confidentiality. 
•  Attend in-service educations within the community regarding customer service, operational changes. 

https://www.morningstarseniorliving.com/careers/

QUALIFICATIONS

• Demonstration of our Core Values: Love, Kindness, Honesty, Goodness, Fairness, Respect 
• Demonstrated success in all areas listed above 
• Bachelor’s degree in accounting 
• 2+ years’ accounting experience in Senior Living or Real Estate required. 
• Use of Yardi accounting software is highly preferred.  Knowledge of other major software systems may be considered. 
• Advanced Excel skills 

 *Team members who are scheduled to work 24 or more hours per week are eligible for benefits, families of said team members will also be eligible.

EEO