Flagship Healthcare Properties is a rapidly growing commercial real estate investment firm located in Charlotte, NC that specializes in the acquisition, development, management and leasing of medical office properties, primarily in the Southeast.  The Property Accountant is responsible for accurately reporting property-level financial statements, reporting tenant payments received and due and performing account analysis and reconciliation for Property Managers, Controller, and tenants upon request.  The Property Accountant will report to the Accounting Manager.

Responsibilities: 

• Preparing tenant account analysis and reconciliations when tenants dispute charges to their accounts
• Recording monthly accruals such as janitorial, security, and utility expenses to match expenses to period incurred
• Preparing Fixed Asset Schedules
• Preparing monthly financial statements including balance sheet, income statement, trial balance, and cash flow statements
• Applying Cash Receipts to tenant ledgers
• Preparing Monthly Bank Reconciliations
• Assist with opening new bank accounts when needed
• Effectively communicating (both written and verbal) monthly and quarterly financial packages internally and externally (investors, lenders, CPA firms, 3^rd Party)
• Assisting with preparing Annual Budgets
• Preparing year-end packages and sending to external CPAs for tax return preparation and annual audit
• Responding to questions/inquiries from tax accountants and auditors
• Reviewing tax returns and entering adjusting journal entries as provided by the tax accountants and auditors
• Approving invoices in AP system, Yardi PayScan or similar system
• Reviewing the weekly payables and making sure sufficient funds are available
• Other duties as assigned

Desired Skills and Experience: 

• Bachelor’s degree in Accounting preferred
• Comprehensive knowledge of real estate accounting
• Yardi and/or MRI experience preferred
• The ability to think and work both independently and in a team environment
• The ability to multi-task and prioritize projects
• Attention to detail and self-motivation
• Proficiency in Microsoft Excel
• Excellent written and verbal communication skills, problem solving abilities, organizational and analytical skills
• Understanding of CAM reconciliations a plus

Flagship Healthcare Properties is an Equal Opportunity Employer.  This job description is not considered an employment agreement or contract.  Management has the right to alter this job description at any time without notice.

General Overview

Flagship Healthcare Properties is a rapidly growing commercial real estate investment firm located in Charlotte, NC that specializes in the development, acquisition, management and leasing of healthcare real estate properties, with a concentration in the Southeastern United States.  Flagship has launched a private real estate investment trust (“REIT”) to consolidate and convert its legacy, closed-end investment funds.

The Accounts Payable Specialist will be responsible for processing invoices for all the individual properties both within the REIT as well as the 3^rd-party managed properties.  The AP Specialist is the primary point of contact with the firm’s A/P workflow system, currently Yardi PayScan.  In addition, the AP Specialist will work closely with the property accounting and property management teams to ensure invoices are properly and timely routed through the system. 

Key Responsibilities

• Process invoices in AP database system (AVID) in correct workflow and code with correct GL account number and property information
• Process weekly check runs through AP payment system (Yardi Bill Pay) and occasionally in-house
• Collect new vendor W-9s and update whenever necessary for 1099 maintenance
• Research and respond to vendor inquiries, statements, and balance discrepancies
• Assist in the utility set up whenever the firm acquires or manages new properties
• Manage utility portals by downloading invoices timely
• Assist with property-level 1099s at year-end
• Track and process property real estate tax invoices
• Support the property accounting team, property management team and AP Supervisor as needed with special projects and tasks

The Ideal Candidate Will Possess:

• A positive attitude
• A strong work ethic
• The highest ethical standards
• 3+ years Accounts Payable experience. Experience working for a property management firm is a plus
• Experience with setting up utilities and monitoring the payment process for utilities is preferred
• High school diploma required, with college courses in accounting  preferred
• Proficient in Microsoft Office Suite with an advanced level of skill in Excel

• The ability to think and work both independently and in a team environment
• Use critical thinking to prioritize tasks and to multi-task
• Attention to detail and self-motivation is very important
• Excellent written and verbal communication skills, problem solving abilities, organizational and analytical skills
• Experience with MRI and Yardi Commercial Real Estate Accounting systems is preferred
• Experience with an invoice workflow system such as Yardi PayScan, AvidXchange or Concur is preferred

Flagship Healthcare Properties is an Equal Opportunity Employer.  This job description is not considered an employment agreement or contract.  Management has the right to alter this job description at any time without notice.