Lead Property Accounting Specialist

2 weeks ago


Braintree, Massachusetts, United States PSG Global Solutions Full time

We are seeking a Senior Property Accountant to join our team at PSG Global Solutions, specializing in the Real Estate sector.


Key Responsibilities:
  • Record and analyze monthly gross potential rents, including loss/gain to lease and vacancy rates.
  • Conduct all monthly account reconciliations and maintain supporting analytical schedules in a timely manner, covering cash, intercompany accounts, accounts receivable, prepaid expenses, accounts payable, and accrued expenses.
  • Recalculate and adjust management fees as necessary, ensuring timely payments of monthly mortgages and quarterly real estate tax obligations.
  • Create and manage recurring payables and journal entries for each property as required.
  • Process non-standard or non-recurring payables and journal entries as needed.
  • Analyze, calculate, and record monthly accrued expenses when applicable.
  • Review and assess monthly general ledger activity, collaborating with property management personnel to resolve discrepancies and record any necessary adjusting or reclassifying entries.
  • Complete month-end closing processes and prepare periodic reporting packages for lenders and/or investors.
  • Monitor available cash consistently.
  • Process and document cash transfers, including wires, intercompany transfers, accounts payable, payroll funding, and ownership distributions.
  • Document and update accounting procedures as necessary.
  • Identify opportunities for process improvements to enhance efficiency.
  • Act as project manager for specific accounting, inter-departmental, and software application initiatives as identified.

This role is crucial for maintaining the financial integrity of our property accounting operations and requires a detail-oriented individual with strong analytical skills.



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