Staff Accountant – Property Accounting

Job Description

Staff Accountant | Ares Management

The Tone:
This is a full-time role at Ares Management. Ares’ success over two decades has been built on its people and culture, guided by core values like collaboration, responsibility, and trustworthiness. The firm aims to be a catalyst for shared prosperity and a better future within an exciting and growing industry. This Staff Accountant position is an integral part of the Property Accounting Team, directly contributing to the accurate and efficient completion of essential day-to-day accounting functions that support the business and team.

The TL;DR
• Role: Early Career
• Type: Full-time
• Pay: $65000–$80000 yearly
• Team: Property Accounting Team; reports to the Vice President, Property Accounting
• Mission: Owns the accurate and efficient completion of key day-to-day property accounting processes to support the business and team.
• Tech Stack: Yardi (preferred), AvidXchange (preferred), Microsoft Office applications, Excel

What You’ll Actually Do
• Tenant Billing & Receivables: Prepare direct bills, late fees, and one-time charges for tenants, and accurately maintain the aging report including the application of tenant credits.
• Cash & Expense Review: Review daily cash receipts prepared by the Accounts Receivable Specialist and accounts payable for accuracy, working closely to ensure completeness and corresponding with Third-Party Property Managers regarding property operations.
• Month-End Close: Prepare essential month-end journal entries, balance sheet reconciliations, and bank reconciliations.
• Financial Reporting & Reconciliation: Produce monthly financial statements and reporting packages, and manage both monthly and yearly CAM reconciliations.
• Budget Support: Provide assistance with the preparation of the yearly budget.

The Must-Haves
• Background: A Bachelor’s degree in Accounting or Finance, demonstrating a strong academic record, and knowledge of accounting principles to record entries, analyze information, and make deductions from varying facts.
• Experience: 1-3 years of relevant accounting experience in a high-volume environment is preferred.
• Skills: Strong analytical and communication skills, aptitude for Microsoft Office applications including strong Excel skills, and the ability to multi-task, self-manage, problem solve, and take initiative while meeting challenging deadlines.
• Bonus: Experience with Yardi and/or AvidXchange is preferred.