Senior Property Financial Analyst

2 weeks ago

Orlando, Florida, United States The RMR Group Full time

Senior Property Financial Analyst Job ID:

Job Locations:
US-MA-Newton | US-FL-Orlando

Department:
Accounting/Finance

Overview
Provide comprehensive accounting support for commercial real estate assets.

This role necessitates close collaboration with the Property Manager, Department Managers, Corporate Accounting, Accounts Receivable/Accounts Payable, Lease Administration, and the Systems Manager.

The Property Financial Analyst will report to the Accounting Manager while receiving guidance from the Senior Property Accountant.
Responsibilities
- Maintain GAAP-compliant accrual general ledgers.
- Prepare and process monthly journal entries. Generate monthly financial statements in accordance with the established timeline and conduct thorough analyses of results. Communicate any concerns to the Accounting Manager.
- Review income, expenses, and ongoing capital projects for accurate coding, payments, and necessary accruals. Address issues with the Property Manager or other departments as needed.

- Analyze new monthly leasing activities and collaborate with the Lease Administration team and Accounting Manager to ensure proper revenue recognition.

- Examine lease documents and prepare summaries of significant leasing activities, confirming dates and amounts while identifying potential lease liabilities.
- Conduct monthly bank reconciliations.
- Prepare and maintain quarterly workpapers as outlined in the standardized workpaper model.
- Execute quarterly and annual operating escalation reconciliations to guarantee the accuracy and completeness of recognized revenue. Review tenant leases to ensure precise CAM billings.
- Undertake special projects as required and provide support to both accounting and property management teams.
- Participate in weekly staff meetings and contribute to reporting and other meetings as mandated by property management or accounting.
Qualifications
- Bachelor's degree in Accounting.
- Fundamental understanding of general ledger activities, with a preference for experience with Yardi applications.
- Proficiency in Excel and other Microsoft applications.
- 2-4 years of accounting experience, with at least two years in the commercial real estate sector. Alternatively, 2-4 years of public accounting experience with real estate clients.
- CPA certification is a plus.
- Ability to thrive in a fast-paced environment, demonstrating multitasking capabilities and meeting deadlines.
- Must be a team-oriented problem solver.
- Strong verbal and written communication skills are essential.
- Ability to collaborate effectively with internal and external teams.
Company Overview
The RMR Group (Nasdaq: RMR) is a prominent U.S. alternative asset management firm, distinguished by its focus on commercial real estate (CRE) and related sectors.

RMR's vertical integration is bolstered by over 1,100 real estate professionals across more than 30 offices nationwide, managing over $41 billion in assets under management and leveraging over 35 years of institutional experience in the acquisition, sale, financing, and operation of CRE.

RMR benefits from a scalable platform, a seasoned management team, and a diverse array of real estate strategies across its clientele.

RMR has been recognized by The Boston Globe as a 'Top Place to Work', by the Environmental Protection Agency (EPA) as an 'ENERGY STAR Partner of the Year', and ranked by the Building Owners and Managers Association (BOMA) for having one of the highest numbers of BOMA 360 designated properties in its portfolio.

RMR is headquartered in Newton, MA and was established in 1986.

RMR's mission is to create long-term value for our clients by managing their investments and assets 'as if we own it' - an approach that consistently generates opportunities for all employees, investors, and stakeholders.


We are guided by six core values:
- Integrity at Our Core.
- Perform Passionately and Effectively.
- Inspired Thinking.
- Like We Own It.
- Power of We.
- Mutual Respect.
Visit our website to learn more about what makes The RMR Group a rewarding place to build a career.
The RMR Group is an equal opportunity employer.

Qualified applications will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

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