Lead Property Accountant

1 week ago

Seattle, Washington, United States Bridge33 Capital Full time

About Bridge33 Capital

Bridge33 Capital is a leading and rapidly expanding real estate private equity firm, specializing in open-air retail properties. The firm has successfully raised significant capital for its latest fund, showcasing its growth trajectory.

Position Overview

We are in search of a Senior Property Accountant to oversee and manage the accounting functions for a diverse portfolio of assets, ensuring compliance with Generally Accepted Accounting Principles (GAAP). This position is integral to our operations and will be based in our Seattle office.

Core Mission

Our mission is to foster relationships and generate value where others may not.

Key Principles

  • Collaboration is essential.
  • Service-oriented mindset.
  • Empathy and humility are valued.
  • Maintain a positive outlook.
  • Accountability and results are paramount.

Primary Responsibilities

  • Prepare and document journal entries to accurately reflect all cash and accrual transactions for a portfolio of properties in accordance with GAAP.
  • Analyze monthly financial reports, lender statements, and budget variances.
  • Act as a technical resource for the Property Accounting team and other internal departments.
  • Collaborate with Asset Management, Property Management, and Corporate Accounting teams to ensure comprehensive and accurate accounting information.
  • Monitor compliance with deadlines for all relevant tasks.
  • Review leasing activities, maintaining tenant profiles and ledgers.
  • Provide support for understanding Yardi functionalities and serve as an internal expert.
  • Manage CAM reconciliations and operating expense recoveries.
  • Conduct job cost accounting reviews, tracking building and tenant improvements.
  • Maintain GAAP fixed asset registers and depreciation schedules.
  • Coordinate with teams to ensure accurate recording during asset acquisitions and dispositions.
  • Undertake ad-hoc projects and additional responsibilities as assigned.

Qualifications

  • Bachelor's degree in accounting, finance, business administration, or a related field is required.
  • Strong accounting knowledge and proficiency in GAAP are essential.
  • A minimum of 3 years of relevant experience in journal entry preparation, balance sheet reconciliations, and trial balance analysis is preferred.
  • Experience in the commercial real estate sector is advantageous.
  • Familiarity with real estate legal documents is beneficial.
  • Prior experience with Yardi Voyager or similar accounting software is a plus.
  • Excellent communication skills, both written and verbal.
  • Ability to cultivate effective working relationships across various levels of the organization.
  • Proven ability to work independently, prioritize tasks, and adapt to changing conditions.
  • Self-motivated with a collaborative approach and a strong work ethic.
  • Proficient in Excel and familiar with Google productivity tools.
  • CPA or equivalent certification is preferred.

Benefits

  • A dynamic work environment with frequent interaction with senior management.
  • Flexible time-off policy.
  • Comprehensive medical, dental, and vision insurance.
  • Company-paid life and disability insurance.
  • Paid parental leave.
  • 401k plan with company matching.
  • 11 paid holidays annually.

Bridge33 Capital is committed to providing equal employment opportunities and fostering an inclusive workplace for all employees.

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