Senior Accounting Professional
1 week ago
We are seeking an experienced Senior Accountant to join our team in the Commercial Real Estate sector.
About the Role:The successful candidate will be responsible for managing the day-to-day fiscal activities of assigned operational and development projects, including general accounting, job cost reporting, operations analysis, financial statement preparation, and budget management in accordance with GAAP.
- Provide information and direct input in major fiscal activities, including business planning, budget preparation, and financial planning.
- Prepare cash flow models, distribution, and contribution calculations for all owners quarterly and other if/then analysis as needed.
- Review monthly draw requests and ensure lender/investor compliance.
- Prepare monthly project cost reports; budget adjustments as needed with project manager and quarterly financial statements to partners & lenders.
- Assist in preparation of the monthly operating report with variance explanations and cash analysis.
- Collaborate on the preparation and review of annual budgets.
- Assist with the external audit process and ensure deadlines are met and issues resolved with the auditor in a timely fashion.
- Prepare balance sheet reconciliation preparation and posting of monthly journal entries to book proper revenue and expense accruals, review re-class and close entries with the project manager and close out the month in preparation for the monthly report.
- Collaborate to prepare the annual escalation reconciliation schedules as required per tenant lease agreement.
- Accounting degree preferred; Minimum 3-4+ years of accountancy experience.
- Must have practical real estate accounting experience (strong understanding of accrual/cash basis accounting) and experience in lease administration including operating expense reconciliations.
- Yardi experience strongly preferred.
- Team player with a strong ethic and able to work independently with problem-solving and time management skills.
- Must be able to read and interpret and ensure compliance with legal documents (Development, Lease, Property Management documents and Loan Agreements).
- Must be able to exercise excellent time management skills and meet deadlines consistently.
- Must have excellent communication and interpersonal skills to interface with Senior Management and internal clients.
A competitive compensation package is being offered, which includes a base salary of $70,000 - $100,000 depending on experience, plus bonus and benefits such as insurance, 401k, etc.
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