Real Estate Portfolio Accountant
Real Estate Portfolio Accountant
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Essential Functions:
- Review monthly property financials prepared by thirdparty property management.
- Communicate and interact with thirdparty property management team.
- Work with property management to obtain variance report narrative and provide month over month quarterly and annual analysis.
- Create and maintain property financials dashboards. Maintain balance sheet reconciliation for all properties on a monthly basis.
- Note exceptions trends extreme over/under budget conditions.
- Monitor and report debt service coverage ratios for properties with such covenants.
- Monitor tenant AR details for nonpayments delayed payments and other irregularities and assist Asset Management in identifying collection issues.
- Track assigned property budgets to identify and discuss any cost/budget issues with Asset Management.
- Review/prepare and propose property related journal entries to accurately account for all costs.
- Assists with preparation of yearend work papers for properties to facilitate audit and tax return preparation.
- Prepares and engages best practices for property accounting analysis.
- Provide ad hoc analysis and reporting as needed.
- Assist Asset Management Department with special accounting tasks.
- Work and collaborate with accounting asset management and thirdparty property manager teammates.
Requirements
Minimum Qualifications:
- BA or BS in Accounting Finance or related fields.
- 35 years of accounting experience inCommerical or Industrial Real Estate accounting or experience in accrualbased accounting for residential properties.
- Thorough understanding of generally accepted accounting principles and fixed asset accounting.
- Demonstrated experience with preparing financial statements and monthly variance analysis.
- Demonstrated ability to work with minimal supervision.
- Technical skills required Microsoft Word Excel Outlook NetSuite.
- Understanding of real estate tax issues.
- Excellent Interpersonal verbal and written communication skills.
- Ability to work within a teambased environment.
- Ability to handle multiple tasks.
- Planning and organizational skills.
- Yardi experience preferred.
Benefits
Benefits:
- 401(k) matching
- Dental insurance
- Disability insurance
- Employee assistance program
- Employee discount
- Flexible spending account
- Health insurance
- Life insurance
- Paid sick time
- Paid time off
- Parental leave
- Retirement plan
- Vision insurance
- 1 day work from home
Minimum Qualifications: BA or BS in Accounting, Finance or related fields. 3-5 years of accounting experience inCommerical or Industrial Real Estate accounting or experience in accrual-based accounting for residential properties. Thorough understanding of generally accepted accounting principles and fixed asset accounting. Demonstrated experience with preparing financial statements and monthly variance analysis. Demonstrated ability to work with minimal supervision. Technical skills required Microsoft Word, Excel, Outlook, NetSuite. Understanding of real estate tax issues. Excellent Interpersonal, verbal and written communication skills. Ability to work within a team-based environment. Ability to handle multiple tasks. Planning and organizational skills. Yardi experience preferred.
Employment Type
Full Time
