Financial Accountant
1 week ago
RSI is seeking a highly skilled Property Accountant to join our team. As a key member of our accounting team, you will be responsible for communicating financial results to all levels of management, financial closing and reporting of a multiple partnership portfolio, including the analytical review and reconciliation of all entities in the portfolio in compliance with US GAAP.
Key Responsibilities- Analyze and interpret financial information, compile, and report data for assigned portfolio of properties
- Prepare complex account reconciliation and journal entries and perform on-going analytical review in support of the monthly close process
- Prepare monthly analysis of account variance
- Ensure all inter-entity transactions are in balance and analyze variances prior to financial reporting close
- Read and understand compliance and partnership documents, including regulatory and loan agreements as well as the accounting treatment associated with each document
- Research and document conclusions on accounting issues with appropriate understanding of relevant GAAP pronouncements
- Participate in meetings to communicate and share accounting and analysis information
- Prepare annual audit schedules and work with external auditors to complete audited financial statements and tax returns and ensure all are filed within timeline of partnership
- Review and understand audits and footnotes prepared by external auditors
- Monitor adherence to audit requirements and ensure full compliance in accordance with regulatory agencies
- Confirm surplus distributions are correctly calculated and appropriately distributed
- Presents financial information and appropriately answers accounting questions to management and boards of directors
- Provides ad-hoc reporting, as requested
- Bachelor's degree in the field of Accounting or Finance, three years of experience in accounting and financial analysis or a combination of education and experience
- Proficient using Microsoft including Excel, Word, One Drive, and Outlook
- Strong GAAP knowledge required
- Experience in accounting for partnerships and related party transactions, preferred
- Experience using Property Accounting ERP software and working knowledge of leasing and rents - Real Page and OneSite software experience, preferred
- Strong ability to work independently and understand and explain financial concepts
- Detailed oriented – must be able to produce work product with a high level of accuracy
- Highly organized - ability to multi-task, track progress, and balance priorities
- Must be able to communicate with diverse parties – within the Accounting team and with the Property Management and Asset Management teams
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