Senior Associate, Property Acct.

Your financial acumen makes you keenly aware of the bottom line, while your care for a sense of community makes you attentive to human connections. Together, these two traits make you a unique fit for our client’s organization. They rely on the accounting & finance team to help understand company goals, achieve the ambitions of their investors and make their dreams a reality. In this environment, you’ll have the opportunity to bring your passion for numbers, high-performance work ethics and heart for humanity to their award-winning workplace.

This client is a diversified organization with a pristine reputation as an investor, developer, and owner/operator of virtually all types of real estate. They invest capital for their own account and on behalf of institutional and asset management clients seeking premium returns. As a Senior Associate, you’ll fulfill a critical role in the day-to-day operation and in many ways, act as a CFO for your own portfolio of properties. The company continues to expand after more than 30 years and the potential for your own career growth in this environment is truly unparalleled.

Responsibilities

  • Develop and implement commercial property-related operational accounting procedures and monthly close processes, to include but not limited to review of general ledgers, processing journal entries, and preparing monthly accruals.
  • Prepare monthly and quarterly reporting packages for a portfolio of properties in a timely manner.
  • Prepare monthly bank and other balance sheet reconciliations in tandem with the reporting package.
  • Prepare and monitor monthly debt and equity draws and manage project cash positions on a daily basis.
  • Approve and process accounts payable disbursements as needed.
  • Ensure compliance with mortgage loan covenants and reporting requirements.
  • Assist in preparation of local, state, and federal tax returns with consultation from outside accounting firm as necessary.
  • Assist in annual financial statement audit and reviews performed by outside CPA firm.
  • Assist in preparation of joint venture and consolidated financial statements.
  • Assist, review, and coordinate the workflow of Lease Administrator including application of A/R adjustments and daily cash receipts.
  • Assist property management staff with preparation of annual budget package and monthly and quarterly variance analysis to budget.
  • Supervise property accountant and other junior staff.
  • Perform other duties as assigned.

Qualifications

Minimum qualifications:

  • 4+ years of public (audit) and/or commercial real estate accounting experience.
  • BA/BS in accounting, finance, business, or other applicable business discipline.
  • CPA with experience at a large public accounting firm.
  • Robust understanding of US GAAP, budgeting, and forecasting.

Preferred qualifications:

  • Big Four Public Accounting Experience.
  • Familiarity with Yardi or MRI.
  • Experience in a Real Estate, Construction, or Financial Services environment is a plus.
  • High degree of responsibility and initiative with the desire to advance beyond this position.

Apply for this job below.

Upload