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Real Estate Financial Analyst

2 months ago


Seattle, Washington, United States Bridge33 Capital Full time

Company Overview

Bridge33 Capital is a leading firm in the real estate private equity sector, specializing in open-air retail properties. With a recent capital raise of $458 million for our latest fund, we are positioned for significant growth.

Position Summary

We are in search of a Property Accountant to oversee all accounting operations for a designated portfolio of properties. This role encompasses managing daily accounting tasks and the month-end closing process. Be a vital part of our innovative and expanding team.

Core Values

We prioritize building relationships and generating value where others may not.

Key Principles

  • Collaboration is essential
  • Service-oriented mindset
  • Empathy and humility are crucial
  • Maintain a positive outlook
  • Accountability and results-driven approach

Primary Responsibilities

  • Manage the general ledgers and financial reporting for a portfolio of properties.
  • Prepare monthly financial reports, budget comparisons, and lender documentation.
  • Collaborate with departments such as Asset Management and Property Management to ensure accurate accounting practices in line with GAAP.
  • Handle daily cash management, accounts receivable/payable processing, and monthly bank reconciliations.
  • Oversee tenant invoicing, reimbursement calculations, lease analysis, and tenant inquiries.
  • Ensure timely and accurate accounting entries with a clear audit trail.
  • Conduct quarterly balance sheet reconciliations.
  • Assist in developing and updating departmental policies and procedures.
  • Prepare annual CAM estimates and reconciliations.
  • Support the annual audit process.
  • Ensure all analyses and deliverables are precise and well-organized.
  • Undertake additional projects and responsibilities as assigned.

Qualifications

  • Bachelor's degree in Accounting, Business Administration, Finance, or a related field.
  • Proficient understanding of GAAP and strong accounting skills.
  • 1-3 years of experience in journal entries, balance sheet reconciliations, and trial balance analysis.
  • Experience in the commercial real estate sector is highly desirable.
  • Familiarity with real estate legal documents such as leases and management agreements.
  • Prior experience with Yardi Voyager or similar accounting software is preferred.
  • Excellent written and verbal communication skills.
  • Strong organizational skills and attention to detail.
  • Self-motivated with a collaborative approach and a strong work ethic.
  • Proficient in Excel and familiar with Google productivity tools.
  • CPA designation or candidacy is a plus.

Benefits

  • Dynamic work environment with regular 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 prohibits discrimination of any kind. We are dedicated to ensuring accessibility and reasonable accommodations for individuals with disabilities in all aspects of employment.