Sandalwood Management, Inc.

Commercial Property Accountant

Sandalwood Management, Inc.  •  $65k - $75k/yr  •  Austin, TX (Onsite)  •  15 hours ago
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Job Description

Job Location: Sandalwood Management Inc. - Austin, TX 78746,

Position Type: Full Time,

Salary Range: $65,000.00 - $75,000.00 Salary/year, Sandalwood Management, a dynamic property management firm is seeking an enthusiastic and resourceful Commercial Property Accountant to join our fast-growing team. This position, reporting to the Controller, will oversee the AR & GL functions for a portfolio of retail and office properties. This position is 100% in-office. In person attendance at the corporate office will be required daily. Applicants should reside within a commutable distance to our corporate office or relocate to reside within a commutable distance prior to the hire date.

Job responsibilities include, but are not limited to

  • Verify accuracy of lease data and accounting data entered in YARDI (property management software).
  • Weekly review of accounts payable and monitoring of available cash.
  • Perform monthly bank reconciliations.
  • Post month-end close journal entries.
  • Record and review monthly accrual entries.
  • Review tenant ledgers to ensure accuracy of charges and receipts in accordance with lease.
  • Prepare monthly financial statement packages.
  • Ensure company adherence to policies and procedures for consistent processing.
  • Provide insight into property performance for month end reviews.
  • Perform periodic reviews of CAM, insurance and taxes billed to tenants. Prepare reconciliation calculations of these items annually.

Knowledge and Skills Required

  • BA or BS degree in accounting, finance, business, or related field.
  • 2 to 4 years of corporate accounting experience.
  • Experience with commercial property management preferred.
  • Familiarity and understanding of commercial lease agreements.
  • Proficient in Microsoft Office including Excel.
  • Experience with property management software applications, preferably Yardi.
  • Ability to work with minimal supervision.
  • Ability to multitask.
  • Collaborative and team focused attitude.
  • Ability to meet deadlines and work in a high volume fast paced environment.
  • Strong organizational abilities and attention to detail.

Salary and Benefits

  • $65k - $75k annually depending on experience.
  • Medical, Dental, and Vision insurance plus company paid Life and Long-Term Disability
  • HSA and FSA options
  • 401k
  • Employee assistance program

ABOUT SANDALWOOD

  • Sandalwood Management Inc. is a privately owned real estate investment and management firm based in the picturesque Hill Country of southwest Austin. Since 1985, the company has provided excellent value, excellent service, and a warm welcome to our apartment residents. Founded in Austin, the company has expanded across 11 states and now has more than 7,500 residential units and 1.4 million square feet of retail and office space under management.

Qualifications

Sandalwood Management, Inc.

About Sandalwood Management, Inc.

Sandalwood Management, Inc. was founded in 1985 in Austin, Texas. Initially focused on multifamily residential property management, Sandalwood saw dynamic diversification after the 1988 acquisition by Joel Ospovat. Since then, operations expanded across 14 states & Puerto Rico and commercial real estate was added to the firm’s portfolio. In 2000, Sandalwood entered the Canadian market with the acquisition of 13 shopping malls in the province of Quebec.

Today, Sandalwood is dually headquartered in Austin, Texas, and Montreal, Quebec, and owns and manages more than 75 commercial properties and 49 multifamily communities across North America. The assets under management include 7 million square feet of retail and office space and more than 7,100+ multifamily residential units.

Constantly growing and diversifying, Sandalwood Management has earned a reputation as an astute, enterprising property buyer, lessor, and manager that delivers above market returns for investors.

Industry
Real Estate & Property
Company Size
51-200 employees
Headquarters
Austin, Texas
Year Founded
1985
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