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Senior Property Accountant

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
BOSTON
 MA
Postal Code
02116
Country
United States

This job is no longer active.

Description


Purpose: 

The Senior Property Accountant position is responsible for assisting with the accounting, financial analysis and reporting function for real estate partnerships and other related entities.

 

Responsibilities:

  • On a monthly basis, update accounting records for institutional investors by gathering, recording, and reconciling information on MRI and/or Yardi
  • Review tenant accounts to ensure they are billed for base rent and additional charges in accordance with their lease and investigate and resolve all discrepancies noted
  • Prepare annual reconciliations of tenant operating and real estate tax escalations for assigned properties
  • Ensure the accurate and timely processing of daily cash receipts for assigned properties
  • Research and assess vendor payments to ensure they are properly coded prior to payment
  • Assist in the preparation of all monthly, quarterly, and annual financial statements for investors, lenders, and internal users
  • Assist in the annual budgeting process, quarterly re-forecasting process and preparation of monthly reports for review by senior management
  • Prepare revenue and expense variance analysis on a quarterly basis and investigate and document any material fluctuations
  • Review and develop a comprehensive understanding of all mortgage documents and management, joint venture, and operating agreements for assigned properties
  • Assist with monthly development funding requisitions
  • Prepare depreciation and fixed asset schedules on a quarterly basis
  • Assist with the preparation and review of annual tax returns when necessary
  • Compile year end reporting packages and related schedules required for the annual audits
  • Work with Asset Management, Tax, Finance and Legal Departments to obtain necessary information for the compilation of the annual financial statements
  • Assist with ad-hoc projects and other duties as assigned

 

What you’ll need:

  • BA/BS degree in Business Administration, Accounting or Finance required
  • 3 to 5 years of commercial real estate accounting experience required
  • Must have experience in MRI real estate accounting system
  • Strong computer skills with proficiency in MS Office suite and experience with Yardi a plus
  • Ability to adhere to strict deadlines
  • Self-motivated person who thrives in a dynamic work environment
  • Ability to interact in a team-oriented environment and to obtain information needed from various teams to do the periodic reporting
  • Strong written and verbal communication skills
  • Excellent organizational skills, strong attention to detail and the ability to manage multiple priorities, while meeting deadlines
  • High degree of personal integrity and ability to work effectively in a fast-paced team environment
  • May coach and train junior members of the team
  • Ability to work independently, as well as part of a team
  • Adaptability to changing demands
  • Effective problem-solving skills
 

Job Sector


Not specified

 

Experience


2+ to 5 years


This job is no longer active.

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