Senior Property Accountant

2 months ago


Braintree, United States PSG Global Solutions Full time

Description We're looking for

Senior Property Accountant , working in

Real Estate

industry in

Braintree, Massachusetts, United States .

Records monthly gross potential rents, loss/gain to lease and vacancy. Performs all monthly account reconciliations and updates supporting analyticalschedules on a timely basis (cash, intercompany accounts, accounts receivable, prepaid expenses, accounts payable, accrued expenses). Recalculates and adjusts management fees as required. Ensures timely payments of monthly mortgages and quarterly real estate tax payments. Creates and maintains recurring payables and journal entries for each property as needed. Processes non-standard or non-recurring payables and journal entries as necessary. Analyzes, calculates and records monthly accrued expenses when necessary. Reviews and analyzes monthly general ledger activity, researches and resolves with property management personnel and record any adjusting or reclassifying entries necessary. Completes month-end closing and prepares and submits periodic reporting packages to lenders and/or investors. Monitors available cash on an ongoing basis. Processes and records cash transfers (wires, intercompany transfers, accounts payable and payroll funding, ownership distributions) as needed. Documents and/or updates accounting procedures. Identifies process improvement opportunities to be evaluated. Acts as the project manager on specific accounting, inter-departmental and software application initiatives as identified.

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