An enhanced knowledge of mathematics, especially finance and statistics, is usually required to become a property accountant. Students can begin preparing for this career in high school and then pursue a college degree in finance or accounting. Several skills, including mathematics and communication skills, are also essential to this position.
High school students should begin polishing his or her math skills in order to prepare for a four year undergraduate accounting program. There are numerous financial classes in high schools that can benefit students who plan to become a property accountant and enjoy working with numbers. Schools that do not offer this type of program generally provide advanced math classes, which can also be of assistance. Part-time jobs with accounting firms may be available to students during high school and usually include telemarketing or office work positions which will provide students with a general knowledge of the business.
Students should research accounting and property courses at a variety of four year universities to determine which school has an accredited and well-developed program in this field. General coursework is usually required the first two years of college, and typically covers topics such as basic math, science, history, English, and student-selected electives, which are often considered prerequisites for advanced coursework. Whenever possible, electives should be chosen in related areas such as economics or less mainstream math courses. This will prepare him or her for the advanced accounting courses required for a bachelor's of science (B.S.) degree in finance or accounting.
After the successful completion of prerequisites, students will spend time focusing on specialized courses in his or her field. Coursework may include principles of accounting, fundamentals of financial accounting, accounting theory and current accounting developments, and other finance classes needed to become a property accountant. Most universities offer internships with a number of accounting firms, and students should seek companies that specialize in property management. Internships provide hands-on experience and training, which may lead to job placement after graduation. Additional volunteer work in this field will increase the student's chance to become a property accountant.
Aside from a B.S. degree, there is an array of personal skills needed to become a property accountant. Potential applicants should have excellent communication, writing, mathematical reasoning, and problem solving skills. Some of the primary duties of this position may include preparing reports on managed properties, assessing financial liabilities and benefits of properties, monitoring various billing processes, disbursing and receiving funds, and working with a management team. Teamwork is essential, and most property accountants should be able to successfully work with others in order to execute the most efficient financial plan for managed properties.
