Job Description
Accounting Clerk
Reports to: Corporate Controller
FLSA Status: Exempt
Classification: Full-Time
Position Summary: The Accounting Clerk is a key member of the Accounting team at Taylor Service Company, Inc., d/b/a Taylor Property Group (TPG). The Accounting Clerk works to ensure the accurate and timely recording of all financial activities for TPG’s various commercial and residential real estate properties, developments and ventures. Following generally accepted accounting principles, the primary activity of this position is to assist with the accounts payable, accounts receivable and financial review functions at TPG. Activities include but are not limited to reviewing and approving payables, reviewing and approving billings, performing routine data entry functions for both payables and receivables, reconciling bank statements, reconciling various general ledger accounts and their activities, creating and entering correcting journal entries, developing financial workpapers as supporting documentation to financial analysis functions, assisting staff accountants with reviewing financial reports, processing financial reports, and participating in other activities as needed to attain the goal of adequately reporting and defining financial activity. Other activities include generating ad hoc reports, developing forecasts, assisting in developing annual budgets, and joining as needed with special team processes such as: credit-card accounts payable; miscellaneous and cyclical billing activities; tenant expense reconciliations; cash receipts and other tasks as needed. As a team member who will work with numbers and figures, a firm grasp of Microsoft Excel’s basic features is a must, along with a propensity and willingness to learn more advanced features as necessary. These tasks must be done ethically, by adherence to good internal controls and through excellent communication.
Detailed Responsibilities:
Accounts Payable
- Participate as an Accounts Payable team member, which can include performing normal daily accounts payable activities due to personnel issues or as priority tasks may demand.
- Review and approve vendor bills as necessary.
- Assist Accounts Payable staff with proper expense account, period and business entity codings.
- Assist with large time-intensive and time-sensitive tasks such as credit card account expensing entries, annual tenant expense recovery reconciliations and other similar accounts payable tasks.
- Determine when expenditures are to be capitalized vs. expensed.
- Understand the effect of AP entries on the general ledger.
Accounts Receivable
- Participate as an Accounts Receivable team member, which can include performing normal daily accounts receivable activities due to personnel issues or as priority tasks may demand.
- Review and approve monthly tenant rental billings. This includes reading and abstracting leases in order to determine and build tenant rent billing schedules.
- Assist Accounts Receivable staff with proper revenue account, period and business entity codings.
- Participate in periodic accounts receivable review meetings and assist Accounts Receivable staff as necessary in collections.
- Assist AR staff when necessary with tenant billings, or other necessary tenant and non-tenant billings as they occur.
- Understand the effect of AR entries on the general ledger.
- Assist with reviewing cash receipts entries for revenue codings and for timely deposit to appropriate bank accounts.
General Ledger
- Perform multiple monthly or other periodic bank account reconciliations.
- Reconcile various Balance Sheet accounts such as prepaid expenses, fixed assets and depreciation and owner equity accounts.
- Assist staff accountants in reviewing the general ledger for errors and generate any necessary correcting journal entries.
- Audit the basic elements of financial statements to provide activity backup and support for reported figures.
- Produce periodic financial reports and field questions regarding their contents.
Other
- Develop a working knowledge of TPG’s property entities and ownership structure.
- Maintain a substantial level of experience with Microsoft Office products, especially Microsoft Excel, with the ability to design, develop and maintain complex and integrated spreadsheets with minimal to no outside assistance needed.
- Other tasks as necessary or as assigned.
Nothing in this job description restricts the right of management to assign or re-assign tasks to this position at their discretion to achieve the goal of adequately reporting and defining financial activity for the organization and its various business entities, ventures and activities.
Authority
- This position does not include any direct reports, however, it will be necessary to provide guidance to other staff from time to time, especially Accounts Payable and Accounts Receivable in relation to general ledger activity and codings. Communication of a mentoring nature will be necessary to do this.
- As a team member who will participate in company-wide meetings, this position is expected to communicate openly and candidly regarding financial activity and reports by providing recommendations and modifications as may be necessary.
Experience / Requirements
- Bachelor’s Degree in Accounting, Finance or equivalent, or equivalent work experience required.
- Five to seven years general accounting experience, more without a Bachelor's Degree.
- Ability to work independently and accurately.
- Ability to audit or correct own work.
- Ability to analyze financial data, written summaries, numbers and presentations.
- Ability to identify errors and propose corrections.
- Possesses a high level of computer literacy (Microsoft Office, accounting software, email, internet, etc.).
- A working knowledge of MRI real estate and investment management software is a plus but not necessary.
- Possesses excellent interpersonal communication skills and has the ability to appropriately express oneself.
- Maintains and exhibits a high level of respect for others within the organization.
- Expresses self with temperance.
- Exhibits a team-player’s attitude.
- Ability to solve complex problems.
- Ability to maintain confidentiality.
- Ability to motivate oneself.
- Ability to work for long hours seated in front of a computer.
Job Type: Full-time
Pay: $56,241.00 - $59,442.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Physical setting:
Schedule:
Work Location: Hybrid remote in Owings Mills, MD 21117
Apply
Go Back