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The Laramar Group LLC Property Accountant - Denver Corporate in Denver, Colorado

Who is Laramar? Founded in 1989, Laramar has grown from a small real estate investment company to a distinguished national real estate investment and property management corporation with a multi-billion-dollar portfolio. For nearly 30 years, Laramar has managed a wide range of properties from high-rise urban to small building to suburban garden-style.

Why should I work for Laramar? Laramar delivers an unparalleled level of service to the real estate industry and our success is attributed to our people. We have a well-trained team of real estate professionals who love their work and honor their commitment to our clients and our residents. If you are seeking a position where your enthusiasm, passion, and creativity are welcome, join the Laramar team!

Benefits: Yes! Laramar offers excellent medical/dental/vision insurance, flexible spending accounts, Company paid life insurance along with paid short and long-term disability insurance, paid Federal holidays including paid time off from Christmas Day through New Years’ Day, zero dollar medical premium for employees, a generous paid time off program, partial work-from-home schedule, and a 401k with Company match.

The Property Accountant is responsible for maintaining the monthly financials for a group of properties on a specific portfolio in accordance with Laramar accounting policies and GAAP and ensuring that these financials are completed timely at month-end.

  • Preparation of monthly financials, workbooks, and schedules

  • Review Jr. Accountants posting of Gross Potential Rent

  • Resolve and research outstanding balance sheet items in a timely manner

  • Create and maintain client specific schedules, if applicable

  • Replacement Reserve preparation

  • Complete CAM reconciliations and maintain leases on Teams, if applicable

  • Ensure timely payment of the following regardless of payment method (Ex. lender escrow, third party service, in-house, etc.)

  • Real estate property taxes

  • Personal property taxes

  • Insurance

  • Utility accounts

  • Monitor A/P balance due to Laramar and keep Manager informed of any outstanding balances weekly

  • Cash management-monitoring including but not limited to:

  • Review weekly cash sheet prepared by Jr. Accountant and review open A/P

  • Review the bank reconciliation prepared by the Jr. Accountant and resolve outstanding items

  • Client distributions

  • Reserve true ups

  • Reallocation of funds

  • Assist with annual audit and tax preparation requests

  • Review of annual budget for the following but not limited to:

  • Coding errors

  • Assumptions based on prior year performance

  • Accounts missing a budget

  • Preparation and review of the final monthly reporting package

  • Work with property staff on multiple items including but not limited to:

  • GPR issues that were not resolved pre-close and working with Software Support to get these issues resolved

  • Review of open receivable balances and assist with resolution

  • Write-offs

  • Reclass and Accruals

  • Variance Notes

  • Completes all other projects or requests as assigned by Supervisor

  • Participate in department initiatives

  • Keep Accounting Managers informed of all necessary items

  • Bachelor’s degree in accounting or related field required

  • 2-5 years of accounting experience preferred with a concentration in Real Estate

  • Yardi experience preferred

  • An understanding of accounting principles and how to apply them

  • Proficient in Microsoft Excel

  • This is an hourly, non-exempt position; $31.00-$36.00/hour + 10% bonus potential

  • Must be able to successfully pass a background and five panel drug screen

IND1

Job ID: 2021-1693

External Company Name: The Laramar Group LLC

External Company URL: www.laramargroup.com

Street: 7555 E. Hampden Avenue

Post End Date: 8/3/2021

Telecommute: Partial

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