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Sebastian Walker
Property Accountant
Summary
Highly motivated and experienced Property Accountant with 10+ years in the real estate industry. Proven ability to manage a full range of accounting responsibilities, including financial reporting, budgeting, and auditing. Strong understanding of real estate accounting principles (GAAP and IFRS) and lease accounting. Excellent communication and interpersonal skills. Seeking a challenging role where I can contribute my expertise and drive operational efficiency.
Education
Bachelor’s degree in Accounting or Finance
October 2019
Skills
- Real Estate Accounting
- Property Management
- Lease Accounting
- GAAP and IFRS
- Financial Modeling
- Real Estate Investment Analysis
Work Experience
Property Accountant
- Trained and supervised junior accounting staff
- Managed a team of accountants responsible for a portfolio of over 1,000 properties
- Prepared and analyzed financial reports for senior management
- Developed and implemented a new budgeting system that reduced operating costs by 10%
Property Accountant
- Prepared and reviewed monthly financial statements, including balance sheets, income statements, and cash flow statements
- Reconciled bank accounts and reviewed intercompany transactions
- Assisted with the annual audit process and prepared supporting documentation
- Developed and implemented new accounting procedures to improve efficiency
Accomplishments
- Implemented a new accounting software that streamlined processes, reduced errors by 20%, and improved efficiency by 15%.
- Developed and implemented a new rent collection system that increased collections by 10% and reduced tenant turnover by 5%.
- Led a team that successfully completed a $10 million property acquisition, ensuring timely and accurate financial reporting.
- Prepared and analyzed financial statements, including balance sheets, income statements, and cash flow statements, to ensure accuracy and compliance.
- Audited property accounts and identified opportunities for cost savings, leading to a 5% reduction in operating expenses.
Awards
- N/A No awards were relevant to Property Accountant field.
Certificates
- Certified Public Accountant (CPA)
- Certified Management Accountant (CMA)
- Real Property Administrator (RPA)
- Certified Commercial Investment Member (CCIM)
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How To Write Resume For Property Accountant
- Highlight your experience in real estate accounting, especially if you have worked in property management or real estate investment.
- Quantify your accomplishments whenever possible. For example, instead of saying “Managed a team of accountants”, say “Managed a team of accountants responsible for a portfolio of over 1,000 properties, resulting in a 10% reduction in operating costs.”
- Use action verbs and strong keywords throughout your resume. Some good examples for a Property Accountant resume include: analyzed, audited, budgeted, forecasted, implemented, managed, prepared, reconciled, and reviewed.
- Proofread your resume carefully for any errors in grammar, spelling, or punctuation.
Essential Experience Highlights for a Strong Property Accountant Resume
- Prepare and review monthly financial statements, including balance sheets, income statements, and cash flow statements.
- Reconcile bank accounts and review intercompany transactions.
- Assist with the annual audit process and prepare supporting documentation.
- Develop and implement new accounting procedures to improve efficiency.
- Train and supervise junior accounting staff.
- Manage a team of accountants responsible for a portfolio of over 1,000 properties.
- Prepare and analyze financial reports for senior management.
Frequently Asked Questions (FAQ’s) For Property Accountant
What are the key responsibilities of a Property Accountant?
The key responsibilities of a Property Accountant include preparing and reviewing financial statements, reconciling bank accounts, assisting with the annual audit process, developing and implementing new accounting procedures, training and supervising junior accounting staff, and managing a team of accountants responsible for a portfolio of properties.
What are the educational requirements for a Property Accountant?
Most Property Accountants have a bachelor’s degree in Accounting or Finance. Some employers may also require a CPA license.
What are the key skills for a Property Accountant?
The key skills for a Property Accountant include real estate accounting, property management, lease accounting, GAAP and IFRS, financial modeling, and real estate investment analysis.
What is the average salary for a Property Accountant?
The average salary for a Property Accountant in the United States is $75,000 per year.
What is the job outlook for Property Accountants?
The job outlook for Property Accountants is expected to grow by 6% over the next decade.
What are the career advancement opportunities for Property Accountants?
Property Accountants can advance their careers by becoming Controllers, CFOs, or Real Estate Investors.