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The Senior Property Accountant is responsible for the accurate and timely financial reporting of a designated real estate portfolio. This includes managing property budgets and forecasts, ensuring compliance with accounting standards, and working closely with property managers to optimize operational efficiency. The ideal candidate will possess strong analytical and problem-solving skills, excellent attention to detail, and the ability to meet tight deadlines.

Responsibilities:

• Complete, review and research property management transactions, including schedule charges and billing adjustments
• Review and understand tenant lease language and ensure it is input properly to the designated accounting software
• Maintain and review Rent Roll, Tenant Ledger, Aged Delinquency, and Lease Expiration reports monthly
• Maintain and review cash/accrual/tax/GAAP based property general ledgers, balance sheets and income statements, including preparing and recording journal entries as needed
• Prepare and distribute monthly financial reporting packages, variance reports and all other additional schedules as required by the client.
• Reconcile all balance sheet accounts and examine all general ledger accounts for accuracy and make corrections as needed monthly
• Review and fully understand the CAM Reconciliation process
• Work closely with the property management team to create and review annual operating budgets
• Prepare monthly construction project draws, review job cost & intercompany reconciliations.
• Partnership accounting to include reconciliation of administrative service fees, recording of contribution/distributions, and preparation of journal entries for sales or acquisitions.
• Review AP invoices for accurate coding and proper documentation prior to posting
• Review daily Cash Receipt batches for proper documentation and correct application prior to posting
• Monitor all cash requirements
• Provide ownership funding requests/cash distributions as required
• Support other team members as needed
• Special projects as needed

Desired Competency, Experience and Skills:

• Bachelor degree (Masters a plus)
• CPA or CAP Candidate preferred
• +5 years direct Commercial Property Accounting experience (can be less if CPA or Masters Degree)
• Great oral and written communication skills
• Detailed oriented with a drive for excellence
• Ability to work independently and collaboratively
• Able to meet tight deadlines
• Pride in accuracy
• High level of professionalism and a service attitude

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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