Senior Commercial Property Accountant

Financial Additions has partnered with an excellent real estate client in search of a Senior Property Accountant. Please take a moment to review the job description below and apply. Someone from our team will get back to you in 24-48 hours. DescriptionManage full-cycle accounting for commercial real estate properties as assignedReconcile and comprehend all balance sheet accounts and produce monthly financial statements with supplementary reporting as requiredUtilize budgets and other tools to analyze variances and reconcile payments applied against major contract valuesEnsure all legislated taxes and assessments are reconciled and remittedMonitor cash positions and anticipate future cash deficienciesMonthly bank reconciliations including follow up and correction of outstanding itemsMonitor and review monthly receivables for accuracy, adjustments, and/or correctionsSupply tenant analysis and statements of account as requiredMonitor and review accounts payable coding for accuracyCalculate and analyze year end operating cost adjustments (Op. Ex. or CAM) and tenant billings for assigned propertiesReview account records such as credit memos and cash receipts to ensure accurate accountsPrepare monthly non reoccurring tenant billings including utility sub metering for property manager's review and approvalPrepare monthly accruals for property manager's review and approvalAssist property manager with monthly reporting, to include revenue variance explanations and overall review before submission to General ManagerSecurity deposit and Letter of Credit monitoring, assessing tiered refunds with property manager's reviewLease Administration, implementation of lease data into MRI Real Estate SoftwareCalculate and post Percentage Rent, as neededConsolidate monthly reporting package for submission to ownershipInteract and facilitate, on a group and individual basis, the business activities of accounting, as well as external clients such as tenants, investors, vendors, affiliates, and other intermediaries as requestedDevelop and review property reports, documentation, presentations, email communication and all other correspondence.Ensure that all financial reporting is in accordance with Generally Acceptable Accounting Principles (GAAP)Perform financial analysis, modeling, and budgeting activitiesAccount, book, and reconcile the general ledger as appropriate.RequirementsBachelor's Degree in Accounting from an accredited university is required, CPA preferred5-7+ years of experience commercial real estate or REIT accounting is requiredAdvanced experience and familiarity with MRI Real Estate Software and MS Office Suite (Excel, Word, PowerPoint, and Outlook) are requiredPersonal & Interpersonal skills a successful candidate for this position would possess would include;Independent motivation in an individual who seeks to constantly prove their ability to be flexible and thrive when facing new challenges in a relatively unstructured environment.Polished and professional demeanor in both verbal and written forms of communicationA high degree of discretion as duties and responsibilities of the position relate to safeguarding confidential information

Created: 2025-01-26