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Property Accountant

1 month ago

Cambridge, Massachusetts, United States Forest Properties Manag Full time

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-volume 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.
  • Research and resolve NSF issues, stop payments, and reissue checks.
  • Prepare monthly financial statements, including balance sheets, income statements, 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 in 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 on 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.

Application Process:

The incumbent must be able to provide eligibility to work in the USA upon hire. For consideration, please attach your resume to the online application.

About Us:

Visit Forest Properties online to learn more about the Company and our properties.

Equal Opportunity Employer



Compensation details: $90,000-$100,000 Yearly Salary



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