Senior Property Accountant-Commercial Real Estate

Employment Type

: Full-Time

Industry

: Accounting



QUALIFICATIONS

Education: Bachelor's Degree in Accounting or Finance

Experience:

  • Minimum of 3 to 5 years of property level accounting experience with an emphasis in the commerical real estate industry.
  • CPA preferred, but not required.
  • Yardi preferred, but not required.


ESSENTIAL FUNCTIONS

•Responsible for the accounting process for 7-9 buildings:

•Prepare monthly accruals, review the general ledger for accuracy, and prepare journal entries.

•Prepare monthly financial statements and supporting schedules.

•Assist property manager with the financial reporting package.

•Maintain depreciation/amortizations schedules.

•Calculate Straight-line rent.

•Record Above/Below and In-Place Lease Value entries.

•Calculate management fees.

•Assist Property Managers with monthly budget variance analysis.

•Prepare bank reconciliations and cash analysis for contributions/distributions.

•Initiate wire transfers.

•Process tenant receipts.

•Set-up leases in Yardi.

•Review rent roll for accuracy.

•Process tenant billbacks

•Bill and generate rent statements.

•Review CAM reconciliations.

•Review and approve Accounts Payable.

•Assist with the annual budget and review.

•Assist with other special projects.


SKILLS

  • Be conscientious about achieving deadlines and have an accurate work product
  • Assume accountability for specific performance
  • Good written and verbal communication skills, including ability to articulate recommendations in a concise and timely manner
  • Detail-oriented and very analytical
  • Strong organization skills
  • Quantitative propensity with ability to spot errors
  • Strong computer skills in Microsoft Excel
  • Strong knowledge of GAAP and accounting pronouncements in general
  • Understand variance analysis when comparing actual to budget or historical results
  • Understand how to read and write financial statements
  • Able to organize and summarize information in writing and to proofread work
  • Detailed, organized and communicative
  • Task- and goal-oriented and capable of functioning in an entrepreneurial and corporate setting
  • Able to work occasional evenings and weekends

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