Property Accounting Manager

Property Management Accounting Manager

SYLO Property Management

About Us:

SYLO Property Management is a full-service, boutique property management firm based in Portland, Oregon. Its property management services provide a fluid tenant experience while maximizing income for property owners. Beginning in 2016, it has grown from one employee to a 20-member team.

The Role:

SYLO is seeking a full-time Property Management Accounting Manager to oversee the accounting functions for a portfolio of both residential and commercial properties in Yardi, playing a supporting role to a small team of property accountants and property managers.

Where:

This role will be on-site in our downtown PDX offices, with potential for a future hybrid-remote transition.

Reports to:

The position will report directly to the Managing Director.

Primary Responsibilities:

• The Property Management Accountant will handle comprehensive bookkeeping, accounts payable and receivables, bank reconciliations, GL coding, and financial statements
• Supervise accounts payable and receivable processes, including vendor billing and payments, management fees and billbacks to tenants, regular and consistent check processing, and maintain accurate tenant ledgers
• Monitor client operating, deposit and reserve cash accounts to make sure no overdrafts occur and ensure transactional compliance with OREA and all other regulatory requirements
• Review/audit bank reconciliations, property management reports, and client financial statements
• Record monthly adjusting and accrual entries, auditing ledger accounts and correcting entries as necessary
• Prepare accurate monthly property level financial statements with supporting documents to send to clients including Monthly/Quarterly/T12 Rent Rolls, Profit & Loss and Balance Sheets
• Provide property and client onboarding and routine review of property accounts with lease and tenant updates as required.
• CAM and NNN reconciliations, and budget tracking.
• Ensure timely submission of annual reports and government/state filings including, but not limited to, 1099 forms
• Process property tax and mortgage payments for clients, as needed
• Manage property accounting policies and procedures, ensuring all property accountants are trained and cross trained to provide a high level of support.
• Demonstrate the ability to multitask, meet deadlines, and apply strong organizational skills

Work Location: Hybrid remote in Portland, OR 97210