Property Accountant
1 month ago
Forest Properties Management, Inc. is seeking a highly skilled Property Accountant to join our Corporate office in Cambridge, MA. As a key member of our team, you 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.
- Quarterly Balance Sheet account reconciliations.
Financial Reporting and Analysis
- Perform bank reconciliations and check registers for all accounts.
- Perform security deposit refunds, research NSF's, stop payments, and reissue checks.
- Perform monthly vendor aging analysis.
- Prepare monthly financial statements, including Balance Sheet, Income Statement, 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 and Support
- 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.
- Other duties as required.
Requirements and Qualifications
- Bachelor's degree in Accounting, Finance, or Business Administration preferred.
- 3-5 years' experience in Real Estate accounting or relevant Accounting work experience.
- Proficiency with 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 upon 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, be sure to attach your resume to the online application.
About Us
Visit Forest Properties online https://forestproperties.net/ to learn more about the Company and our properties.
Equal Opportunity Employer
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