Financial Accountant
1 week ago
Forest Properties Management, Inc. is seeking a highly skilled Property Accountant to join our Corporate office in Cambridge, MA. The successful candidate will be responsible for managing the full monthly accounting cycle for a subset of properties within our portfolio.
Key Responsibilities:
- Manage high volumes of Accounts Payable and ensure timely payments of invoices, including utilities.
- Input General Ledger and expense accrual journal entries into RealPage.
- Process weekly manual check payments for site renovation projects.
- Reconcile credit card statements for site expenses.
- Provide copies of invoices, payments, and financial statements on a monthly basis.
- Assist with annual site budgets and forecasts.
- Perform quarterly Balance Sheet account reconciliations.
Financial Reporting:
- Perform bank reconciliations and check registers for all accounts.
- Perform security deposit refunds, research NSF's, stop payments, and reissue checks.
- Perform monthly vendor aging analysis.
- Prepare monthly financial statements, including Balance Sheet, Income Statement, and Cash Flows.
- Explain current and year-to-date revenue and expense variances on monthly financial statements.
- Generate monthly billing comparison reports and analysis.
- Reconcile monthly utility expenses for assigned properties.
Corporate Accounting:
- Assist with the year-end close process, including preparing lead schedules, supporting schedules, and audit binder reports.
- Collect and distribute mail within the Corporate office.
- Perform other duties as required.
Requirements:
- Bachelor's degree in Accounting, Finance, or Business Administration preferred.
- 3-5 years' experience in Real Estate accounting or relevant Accounting work experience.
- Proficiency with Microsoft Excel and Word, as well as RealPage, OneSite, or similar real estate management software.
- Strong grasp of GAAP and competence in financial analysis, especially in the context of residential properties.
- Proficiency in bank reconciliation and financial statement analysis.
- Ability to handle multiple tasks, deal with diverse problems, work under pressure, and meet deadlines.
Compensation and Benefits:
Compensation is based upon qualifications and experience. We offer a great working environment and a competitive compensation package, including medical, dental, and vision insurance, fully paid life insurance, 401(k), paid time off (vacation, sick, and holiday). May be eligible for a discretionary performance-based bonus.
About Us:
Visit Forest Properties online to learn more about the Company and our properties.
Equal Opportunity Employer
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