Real estate investment and development firm specializing in office spaces and urban properties.
Manage, audit, and analyze financials for assigned property portfolio.
3 days ago ago
$90,180 - $125,505
Junior (1-3 years), Intermediate (4-7 years)
Full Time
Greater Boston
Office Full-Time
Company Size
700 Employees
Service Specialisms
Property Development
Design
Construction Services
Project Management
Technical Services
Engineering
Sector Specialisms
Office Buildings
Mixed-Use Developments
Redevelopment Projects
Land Acquisition
Role
Description
lease analysis
tax escalations
gaap statements
depreciation
account reconciliation
quarterly close
Compile supporting documentation for client audits.
Manage, analyze and interpret leases. Enter all required information into Expense Participation
Involves movement between departments to facilitate work.
Analyze and prepare client operating and real estate tax escalations for assigned properties’ monthly payment and annual true-up.
Analyze and prepare quarterly Tax and GAAP financial statements, including all supporting schedules as scheduled.
Analyze and prepare depreciation on a monthly basis.
Provide VP, Regional Controllers and all other BXP personnel with the highest level of service.
Involves work of a general office nature usually performed standing such as operation of a fax and printer.
Audit and prepare reconciliation of all accounts (i.e. work orders, etc.).
Perform required analysis and develop external reports for compliance with all agreements (sales & use returns, I&E forms etc.).
Examine and comprehend all management, development, joint venture agreements and mortgage documents for assigned properties.
Perform analysis and develop financial reports and related schedules in accordance with lender and/or third party requirements.
Responsible for the quarterly close process, including preparing supporting schedules and generating reports for audit binders.
Communicate with property management to assist with preparation of portfolio annual budgets and quarterly re-forecasts.
Present formal revenue and expense variance explanations in the VET tool on a quarterly basis in conjunction with property management.
Oversee client accounts to ensure they are billed correctly each month for all rental and additional charges per their lease and investigate and resolve all discrepancies.
Work with Lease Administration, Accounts Receivable, Accounts Payable, Tax, Finance and Legal Departments to obtain necessary information for the completion of financial statements.
Regularly interfaces with BXP employees, Property Managers, and clients.
Work with financial reporting in regards to complex transactions.
Requirements
bs degree
jd edwards
ms excel
leadership
problem solving
accounting experience
Ability to work under pressure, multitask and work independently, as well as part of a team.
BA/BS degree in Business Administration or Accounting required.
Leadership abilities.
Ability to interact with co-workers, clients, or vendors in an articulate, courteous, and professional manner at all times.
Self-starter capable of finding solutions with minimal supervision.
Knowledge of JD Edwards accounting software desirable.
Involves work of a general office nature usually performed sitting such as operation of a computer.
Effective problem solving skills.
Audit accuracy of various databases, such as Lease Tracking, BP Loan Summary, Rent Roll, and Lease Abstract, for assigned portfolio.
Proven organizational skills with ability to set priorities, manage multiple projects and meet deadlines.
Adaptability to changing demands.
Strong computer skills with proficiency in MS Excel required.
Excellent communication skills, both written and oral, as well as interpersonal skills.
A minimum of 1 to 3 years of accounting experience required. A minimum of 3-5 years of experience strongly preferred. Previous accounting experience in commercial real estate settings or related industries preferred.