Lead Property Accounting Specialist
1 week ago
We are collaborating with Beacon Hill Staffing Group, LLC, a prominent entity in the commercial real estate sector. They are seeking a Lead Property Accounting Specialist to enhance their accounting division. Below are the key responsibilities and qualifications for this role.
Key Responsibilities:
- Prepare and evaluate financial records, including financial statements, tax documents, and various financial reports.
- Develop and analyze reporting mechanisms for operational and budgetary purposes.
- Oversee monthly closing processes and generate monthly financial statements, which include a thorough review of the general ledger, journal entries, balance sheet reconciliations, and P&L schedules, ensuring accuracy and validity of all supporting documentation.
- Assist in budget evaluations and re-forecasts.
- Manage monthly draws related to operational and capital expenditures.
- Conduct monthly bank reconciliations.
- Perform Common Area Maintenance (CAM) reconciliations.
- Evaluate bad debt reserves in collaboration with property teams and implement necessary adjustments.
- Review lease commissions, tenant allowances, and other capital items for appropriate classification.
- Participate in team meetings and engage with various departments.
- Examine accounts payable coding and descriptions.
- Ensure timely disbursements for mortgages, real estate taxes, and insurance premiums.
- Conduct complex reconciliations and analytical assessments.
- Resolve minor issues independently.
- Facilitate seamless project execution from inception to completion.
- Manage miscellaneous tasks and special projects as required.
- Conduct audits to ensure adherence to standard requirements.
- Innovate new processes to improve financial efficiency.
- Present analyses and findings to the management team.
Qualifications:
- Previous experience in accounting or related fields.
- Familiarity with Generally Accepted Accounting Principles (GAAP).
- Proficiency in contemporary accounting software and reporting tools.
- Detail-oriented with a strong focus on deadlines.
- Exceptional analytical and problem-solving skills.
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