Property Administrator

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $290 billion of real estate in 247 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 857,400 units/beds globally, and has a robust institutional investment management platform comprised of more than $76 billion of assets under management, including over $34 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.

JOB DESCRIPTION SUMMARY

This role manages and executes the financial operations of the residential property by completing accounting and bookkeeping tasks, applies sound judgment to analyse financial information, prepare general and standard journal entries and prepare progress reports for management.

JOB DESCRIPTION

Key Role Responsibilities

• Completes the daily transactions and tasks related to the financial operations of collecting and posting rent, fees, and other payments, performs daily bank reconciliations and reconciles bank accounts, processes invoices and payables and prepares financial reports.
• Operates the property management system (Yardi) and completes transactions by entering all required fields correctly and by completing updates and back-ups to ensure the integrity of the system.
• Reviews resident files and accounting records to determine unpaid and/or late fees owed, communicates residents regarding outstanding balances, implements procedures for collecting on delinquencies, and enforces the lease to maximize revenue.
• Follows the Company’s established procedures related to rent collection and communicated with applicable debt collecting agencies.
• Processes resident move-outs by reviewing lease terms and notice requirements, applying appropriate deposit and lease cancellation fees, if applicable, and processing the disposition in accordance with established procedures and legal requirements.
• Processes yearly reconciliation of service charge accounts.
• Completes various accounting, financial, administrative, and other reports and performs other duties as assigned or as necessary.

Knowledge & Qualifications

• Bachelor’s Degree, combined with accounting qualification.
• Accounting foundation background with a thorough understanding of accounting procedures and double entry book-keeping.
• Proficiency in Excel and Word. 
• Experience with Yardi (preferred).

Experience & Skills

• Experience of working in a similar role within the Real Estate sector or similar.
• Demonstrated understanding of property operations, lease terms and lease enforcement, including collections.
• Strong proficiency in using property management software (preferably Yardi).
• Strong team working and interpersonal skills.
• Good attention to detail, methodical and takes pride in work.
• Positive “can do” attitude with desire to learn, train and develop in the role.
• Self-starter with an organised and proactive approach.
• Excellent written and spoken Dutch & English communication skills.