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Lead Project Accountant

2 months ago


Atlanta, Georgia, United States NorthPoint Search Group Inc Full time
Senior Project Accountant

Position Overview: The Senior Project Accountant plays a crucial role in ensuring precise and timely financial reporting for designated operational properties. Key responsibilities encompass the month-end closing processes for assigned business units, monthly account reconciliations, operating expense calculations by tenant, and the review of accounts payable for accuracy. Additionally, this role involves supporting the property management and accounting teams with various financial initiatives as required.

Core Responsibilities:
  • Accurately document income, expenditures, and variations in assets and liabilities on a monthly basis.
  • Continuously update projected cash flow forecasts throughout the fiscal year.
  • Record the company's share of partnership income monthly, ensuring the accuracy of Equity Pick-Up Business Units.
  • Ensure timely reconciliation and settlement of inter-company balances.
  • Provide assistance to the Assistant Controller, Retail Division, and Asset and Property Managers, particularly in variance reporting and accounts receivable issues.
  • Support property management in the annual budgeting process alongside Asset and Property Managers.
  • Assist property management with quarterly property forecasts.
  • Review and compute monthly CAM/TAX/INS calculations, ensuring adherence to lease agreements.
  • Reconcile all balance sheet accounts and relevant income statement accounts to guarantee accuracy.
  • Timely record reconciling items and prepare supporting schedules for each account.
  • Calculate depreciation and amortization as required.
  • Review monthly bank statement reconciliations and promptly address any reconciling items.
  • Examine annual correspondence sent to tenants regarding upcoming year base rental and estimated CAM/TAX/INS amounts, ensuring correct figures are reflected in the accounts receivable system.
  • Ensure timely payment of leasing commissions, tenant allowances, taxes, insurance, etc.
  • Prepare monthly draws for construction loans.

Essential Qualifications and Experience:
  • Demonstrated initiative in undertaking projects that enhance the accounting department or benefit other stakeholders.
  • Exhibit leadership qualities among colleagues.
  • Highly organized, detail-oriented, adaptable, and efficient.
  • Exceptional communication and interpersonal skills.
  • Strong listening abilities with a service-oriented mindset.
  • Willingness to work outside standard business hours when necessary.
  • A minimum of 4 years of corporate accounting experience along with a bachelor's degree in Accounting is required.
  • Experience in Real Estate is essential, with a preference for retail real estate experience.
  • Familiarity with JD Edwards and MRI software is preferred.