Property Accountant

4 weeks ago

Stamford, United States Creative Financial Staffing Full time

Property Accountant
CFS has partnered with a well known real estate company to help find their new Property Accountant. The Property Accountant is responsible for the accounting and financial reporting for an assigned portfolio of properties and will work with the Group Controller to ensure financial data is complete, accurate, supported and properly presented in accordance with the applicable basis of accounting

Why should you work here?

  • World-class portfolio with commercial and residential properties
  • Portfolio consists of 100+ properties
  • High profile properties in NYC & FL
  • International properties in Germany and Israel
  • Growing company with a business model that has proven extremely effective
  • Strong employee tenure - low turnover
  • Opportunity to work with executives that have been in the industry for decades
  • Great benefits- medical, dental & vision covered
  • Paid life insurance

Responsibilities:

  • Preparation of the monthly, quarterly and year end closings, including supporting schedules, financial review, variance analysis and the prompt resolution of issues
  • Preparation of financial statements in accordance with the GAAP, Tax and Fair Value basis of accounting
  • Assistance with reporting to management, investors and lenders
  • Work closely with independent CPA Firm(s) for annual year-end audits
  • Cash flow monitoring and management
  • Preparation of annual property and fund level budgets
  • Review and approval of certain property expenses such as real estate taxes, insurance and capital costs
  • Billing and collection of the annual CAM/Tax reconciliations
  • Sales tax filings (as applicable)
  • Complete escalation calculations
  • Oversight of the lease administration, accounts receivable and accounts payable functions, to ensure compliance with the Company's policies and procedures
  • Ad hoc reporting as needed
  • With solid performance, there is opportunity for more responsibility and advancement.

Qualifications:

  • 3+ years of experience with accounting for commercial real estate
  • Bachelors degree in accounting or a related field
  • Solid understanding of Financial Statements and of GAAP, Fair Value and Tax basis of accounting
  • Experience with Real Estate Industry Software (Yardi, MRI)
    #LI-MP4

    #INMAY2024

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