THE COMPANY: Discovery Capital is a privately owned design-build and property management firm based in Columbia, Missouri. For more than 20 years, we have fulfilled community needs by building a diverse commercial and residential real estate portfolio across the Midwest. Over the years, our portfolio has grown to include hotels, restaurants, mixed-use and market-rate communities, in addition to commercial and retail spaces. We remain focused on our plans for growth and currently have several exciting projects under construction and in queue!
COMPENSATION RANGE: Base salary range of $100,000–$120,000 based upon applicable work experience
REAL ESTATE ACCOUNTANT POSITION:
We are looking for a Real Estate Accountant that can adapt and wear multiple hats within our Accounting Team. This position will handle the full-cycle accounting process for a group of diverse entities and partake in the financial analysis of our business operations. The Real Estate Accountant oversees the monthly close and financial reporting for a group of separate but affiliated companies operating in real estate (approximately 1,000 residential units and a commercial portfolio).
REAL ESTATE ACCOUNTANT RESPONSIBILITIES:
- Full cycle accounting for assigned entities, including financial statement preparation
- Month-end close and financial reporting
- Review balance sheet by property and by entity, including clearing accounts, due to/from accounts, security deposits, payments in transit, etc.
- Review income statements current month against prior month
- Review and approve adjusting journal entries, fixed asset activity, and depreciation
- Prepare consolidated financial statements after individual entity review is complete
- Cash & Banking
- Review bank reconciliations across all entities and maintain the tracker showing who reconciles which account and what remains open
- Oversee daily cash movement between entities and zero balance account activity
- Reconcile general ledger debt balances, accrued interest, and escrow balances against the loan schedule to ensure accuracy
- Compliance & Other Accounting
- Oversee sales and use tax filings across entities and confirm they are filed accurately and on time
- Oversee intercompany invoicing and reimbursement billing between entities
- Review the payroll general ledger export and resolve allocation and mapping issues between the payroll system and the general ledger
- Review accounts payable weekly to stay current on spending activity
- Coordinate with the outside CPA firm on year-end reporting and tax information requests
- Systems
- Serve as the QuickBooks Online administrator for user access, permissions, and chart of accounts changes
REAL ESTATE ACCOUNTANT REQUIREMENTS:
- Bachelor’s Degree in Accounting or equivalent experience required
- 5+ years of progressive accounting experience, including monthly close and financial statement preparation for multiple legal entities
- Experience with consolidations and intercompany accounting
- Proficient in Quickbooks Online
- Excellent organizational skills and analytical abilities
- Ability to work well in a collaborative environment