Senior Property Accountant
3 weeks ago
The future is bright, and we’re looking for smart, capable and driven people who will share our values and flourish at Kimco - North America's largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and mixed-used assets.
We are currently seeking a Senior Property Accountant to handle all aspects of site level accounting, analysis and reporting for a regional portfolio of U.S. assets. This would include the preparation of financial statements, explanations of balance sheet variances, review of base rent, recoveries and expense variance analyses. They will also be responsible for ensuring that all necessary supporting and accounting schedules are prepared and maintained on a monthly and quarterly basis.
The position requires strong attention to detail, organizational and communication skills, the ability to focus on meeting deadlines, as well as be able to multi-task and work in a fast paced environment. The individual must thrive in a team environment and be flexible regarding ad hoc reporting; possess the ability to form strong working relationships throughout the organization and oversee staff level employees.
Responsibilities Include
Process monthly and quarterly accounting close entries
Review general ledger balances for completeness, accuracy and account classification
Prepare general ledger account reconciliations, including sub-ledger to ledger systems
Review reconciliations prepared by staff level accountants or outside vendors
Review/prepare detailed analysis of general ledger account fluctuations, coordinating with lease analysts, property managers and administrators for explanations
Prepare Net Operating Income and same site variance analysis
Assist in all day-to-day accounting activities, including posting of multiple property accounting transactions
Review the fixed asset ledger
Monitor property tax payments; ground rent payments
Prepare and process revenue recovery true-up adjustments
Understand mortgage terms (reporting, impound and escrow reimbursement requirements)
Special projects as assigned
Requirements
Bachelor's degree in accounting
At least 4 years’ experience in public accounting and/or commercial real estate accounting
Property accounting and analysis experience
Advance Microsoft Word, Excel and Outlook, with ability to quickly pick up other systems
Strong analytical, written, and verbal skills
MRI experience a plus
The expected salary range for this position is between $70,000 and $85,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.
Kimco Realty is an Equal Opportunity Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity or Expression.
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