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Property Accountant

2 months ago

Bedford Hills, New York, United States Creative Financial Staffing Full time

Creative Financial Staffing is seeking a skilled Property Accountant to join their team. The successful candidate will be responsible for managing the financial reporting for a portfolio of commercial properties, ensuring accuracy and compliance with accounting standards.

  • Key Responsibilities:
  • Preparation of monthly, quarterly, and year-end closings, including supporting schedules, financial review, variance analysis, and prompt resolution of issues.
  • Preparation of financial statements in accordance with GAAP, Tax, and Fair Value basis of accounting.
  • Assistance with reporting to management, investors, and lenders.
  • Collaboration with independent CPA firms for annual year-end audits.
  • Cash flow monitoring and management.
  • Preparation of annual property and fund-level budgets.
  • Review and approval of certain property expenses, such as real estate taxes, insurance, and capital costs.
  • Billing and collection of annual CAM/Tax reconciliations.
  • Sales tax filings (as applicable).
  • Complete escalation calculations.
  • Oversight of lease administration, accounts receivable, and accounts payable functions to ensure compliance with company policies and procedures.
  • Ad hoc reporting as needed.

Requirements:

  • 3+ years of experience with accounting for commercial real estate.
  • Bachelor's degree in accounting or a related field.
  • Solid understanding of financial statements and of GAAP, Fair Value, and Tax basis of accounting.
  • Experience with Real Estate Industry Software (Yardi, MRI).