Senior Property Accountant

Description

• Perform daily cash receipt deposits to tenant ledgers as received to property cash accounts and process bi-weekly invoice approval and check runs to make timely payments on vendor accounts.
• Setup and input new properties, rent rolls, leases, and GL chart of accounts for new acquisitions, prepare post-closing entries for new acquisitions and dispositions, and maintain and manage utility sub-meter system (Emon).
• Set up depreciation, amortization, personal property schedules, and straight-line rent schedules.
• Reconciles all bank accounts associated with each property in assigned portfolio and reconciles all balance sheets monthly.
• Complete monthly reporting packages within established deadlines and as required by external investors.
• Prepare portfolio-wide entries including debt, depreciation, etc. and reviews portfolios for consistency with financials.
• Prepares monthly property management fee calculations based on property management agreements and prepares tenant operating and real estate tax escalations, including annual true-ups and expense reconciliations (i.e. CAM reconciliations).
• Responds to and resolves issues and requests of vendors, asset and/or property managers, and lenders and follows standard policies and procedures to ensure internal and external reporting requirements are met.
• Audit and ensure accuracy of rent roll and lease abstracts for assigned portfolio and maintain job cost on capital expenditures and tenant improvements. Reconciles tenant improvement allowances.
• Assist with acquisitions and dispositions of properties within assigned portfolio and frequent communication and interaction with property management or asset management team.
• Prepare opening and closing entries for new acquisitions and dispositions and help coordinate financial information for new properties.
• Assist on miscellaneous tasks, ad hoc, and special projects as needed.
• Prepare processes and procedures for accounting department to include process manuals for software and procedures for miscellaneous accounting tasks, and assist with review of Property Accountant lease entry.
• Manage, analyze, and audit tenant accounts to ensure they are billed correctly each month, for all rental and additional charges per their lease, and investigate and resolve all discrepancies.
• Assist in the development of the annual business plan and operating budget for each property in conjunction with the respective asset and/or property manager and participate and coordinate the transfer of the title from the development entity to the ownership entity.

Requirements

• 1+ years Timberline, MRI, or Yardi experience
• Proactivity, multi-tasking, and time management skills
• 5+ years commercial property accounting experience - Required
• Bachelors Degree in Accounting or Finance - Required

Benefits

• Eligible for discretionary benefits: performance bonus target
• Compensation: $90,000-$95,000/year
• Eligible for standard employee benefits: Medical, Dental, Vision, 401k, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance