Job Description

Koury Corporation is a Builder and Developer with over six decades of experience developing; Hospitality, Retail, Office, industrial, Multi-Family, and Residential properties throughout Greensboro, North Carolina. This trusted experience distinguishes us as both early pioneers and modern-day innovators. Our focus is choosing to develop, construct, lease, and manage our own properties, doing so with the highest level of integrity and a long-term view. Our fully integrated business platform sets us apart and benefits our customers with the constant support of a dedicated and experienced team of architectural, construction, facilities, property management, and leasing professionals. These are the ideals established by our founder, Joseph S. Koury, which continue to guide us now and into the future.

Job Summary:

Property Lease Accountant is responsible for multiple accounting duties in the Corporate Accounting Department. These responsibilities include ensuring accuracy of leases in the accounting system, processing tenant charges and payments, working with team to resolve tenant collection issues, and third party reporting into corporate books and records.

Experience and Attributes:

3 to 5 years of accounting experience is required, experience in real estate specifically lease administration and analysis is desired. Individuals should have strong interpersonal, written and verbal communication skills with the ability to be a team player.

Responsibilities:

• Cash Management
• Prepare daily liquidity reports and associated transfers
• Transmit all deposits via Remote Deposit Service
• Properly generate tenant charges and apply tenant payments
• Prepare and enter into Accounts Receivable service management deposits
• Record bank transfers

Lease Accounting

• Review and properly set up leases in Accounting system from lease administration
• Prepare annual TICAM reconciliations and billings
• Communicate with tenants to resolve discrepancies with outstanding amounts
• Track tenant sales reporting

General Ledger

• Reconcile and record third party reporting monthly
• Maintain recurring journal entries
• Assist with Accounts Receivable and Service Management as necessary

Monthly reporting

• Prepaid asset tracking and amortization
• Reconcile accounts for month end close
• Coordinate and lead monthly collection meeting

Annual

• Prepare and review budget templates for annual budget review

Ad Hoc Transactions and analysis

• Record transactions acquisitions and dispositions
• Enter journal entries into General Ledger as needed/requested
• Analyze accounts as needed/requested
• Research miscellaneous items as needed/requested
• Other duties as assigned

Requirements:

• Ability to demonstrate close attention to detail
• Proficient in MS office with strong knowledge of and experience in Excel
• Experience with SAGE 300CRE software preferred
• Experience and aptitude to perform detailed work within an accounting system
• Bachelor’s degree required with a preference for an Accounting major

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