Real Estate Property Accountant

Job Description Our client has a full-time opening for a Commercial Real Estate Property Accountant in the corporate office in Baltimore, Maryland . They are a privately held commercial real estate development company with properties throughout Maryland, Virginia, North Carolina, and Florida. Position Summary: The Property Accountant will be assigned a portfolio of properties and be responsible for the property level general ledger accounting, variance analysis, annual budget process, and special projects as assigned. Responsibilities Include: Perform budget and reforecast input and analysis Assist with quarterly property valuations Maintain general ledgers Prepare and process monthly journal entries. Provide detailed explanation of income statement variances Review leases and leasing activity to ensure accurate billing Prepare CAM/RE Tax/Insurance/Utility reconciliations as needed per the terms of the lease. Establish and maintain relationships with tenants and work to resolve disputes related to recoverable expenses. Interpret the language of leases in order to set up recoveries for tenants Analyze recovery rates and expenses as they relate to or affect property, CAM budgets. Provide backup support as needed. Review and understand A/P, A/R, and Lease Administration entries, reports and schedules. Maintain thorough knowledge of the Lease provisions. Assist with audits Position is located in Baltimore, Maryland Required Skills and Experience: Minimum education level of Bachelor's degree in Accounting or significant related experience Minimum of three (3) years work experience in either Accounting or Commercial Real Estate capacity required Experience in Yardi and/or Argus a plus Ability to prioritize tasks and thrive in a high volume, deadline-oriented environment Excellent analytical skills and proficiency in Microsoft Word, Excel, and Outlook are critical Ability to work independently with minimal supervision, and take initiative to investigate and resolve problems using sound judgment Excellent attention to detail and accuracy a must Must be comfortable reading and deciphering legal documents Must be dependable, punctual, and reliable with a strong work ethic Team oriented and team player Regular attendance is an essential function of the job Fluent in English Must pass drug screen May be subject to background check Valid driver's license a plus What they offer: The Company offers a generous and robust benefits package to all full-time employees including many employer-sponsored benefits: Dental insurance, Long and Short-Term Disability, Group Life Insurance, Group Long Term Care Insurance, and Medical Insurance that is 100% employer paid up to the in-network out-of-pocket maximum. In addition, they also offer employees 401(k) Plan participation with employer match, an Employee Assistance Program, Flexible Spending Accounts, paid Holidays, Paid Time Off, and more! For a confidential conversation call/text or email All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations. GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.

Created: 2024-10-19