Senior Property Accountant

4 weeks ago


Reston, Virginia, United States Comstock Companies Full time
Job Summary:

We are seeking a Senior Property Accountant to manage financial operations for a portfolio of commercial properties. In this role, you'll handle monthly reporting, reconciliations, cash flow management, and ensure compliance with loan covenants.

This is a dynamic commercial real estate setting where you'll have opportunities to grow and develop your skills.


Key Responsibilities:

Develop and implement commercial property and commercial parking operations accounting procedures and monthly close process, to include but not limited to review of general ledgers, processing journal entries, and preparing monthly accruals
Prepare monthly and quarterly reporting packages for properties in a timely manner
Prepare monthly bank and other balance sheet reconciliations in tandem with the reporting package
Prepare and monitor monthly debt and equity draws and manage project cash positions on a daily basis
Approve and process accounts payable disbursements as needed
Ensure compliance with mortgage loan covenants and reporting requirements
Assist in preparation of local, state, and federal tax returns with consultation from outside accounting firm as necessary
Assist in annual financial statement audit and reviews performed by outside CPA firm
Assist in preparation of joint venture and consolidated financial statements
Assist, review, and coordinate the workflow of Lease Administrator including application of A/R adjustments and daily cash receipts
Assist property management staff with preparation of annual budget package and monthly and quarterly variance analysis to budget
Supervise property accountant and other junior staff
Perform other duties as assigned

Requirements:

Bachelor's in Accounting or related field required
CPA is a plus but not required.
Minimum of 2 years of commercial real estate accounting experience required
Experience with Yardi, or MRI preferred
Strong accounting skills with in-depth knowledge of US GAAP
Understanding of property management in relation to financial accounting, recoveries, budgeting and forecasting
Proficient knowledge of Microsoft excel

Benefits:

  • Competitive Salary with Bonus Potential
  • Generous Benefit Package: Medical, Dental, Vision, 401K Match, Life Insurance

Employee Perks:

  • Housing Discount
  • Commuter Benefits
  • Free Parking and EV charging
  • Parental Leave Program
  • Enjoy a Friendly Work Environment that values collaboration


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