Accounting Specialist in Commercial Real Estate

4 days ago

Albuquerque, New Mexico, United States Heritage Real Estate Services Inc Full time

About the Role:

Heritage Real Estate Company is seeking an exceptional AP/AR Clerk to dive into the world of commercial real estate and help lead our accounting team in Albuquerque. The Assistant Controller is responsible for key aspects of the accounting function, including financial reporting & analysis, monthly billing, A/P, A/R, monitoring internal controls, implementing SOP's, and providing accounting staff supervision.

Key Responsibilities:

  • Prepare accurate and timely financial reports in accordance with GAAP, including variance analysis and account reconciliations for Corporate Controller's review.
  • Oversee bank reconciliations, billing, accounts receivable (A/R), accounts payable (A/P), fixed assets and depreciation, and mortgage payments.
  • Supervise and mentor accounting & AP/AR staff.
  • Utilize construction cost tracking software (Yardi) and assist in the preparation of construction loan draw.
  • Prepare schedules for the properties' operating expense reconciliation process.
  • Collaborate with Property Management, Leasing, and Development teams.
  • Generate reconciliations and detailed reporting on multi-tiered entities involving complex account activities.
  • Prepare/assist with cash flow projections, forecasts, and annual budgets.
  • Prepare/assist with reports for loan compliance items, including quarterly and annual reporting, escrow and reserve reviews, and other related tasks.
  • File NM Gross Receipts tax returns timely and oversee annual Form 1099 reporting.
  • Prepare year-end tax packages for Corporate Controller's review and submission to tax return prepare.
  • Maintain professional and technical knowledge by attending educational workshops and/or reviewing professional publications.
  • Complete all other duties as assigned.

Requirements:

  • Bachelor's degree in Accounting required; CPA certification strongly preferred.
  • Minimum of seven (7) years of experience in accounting, finance, and cash management, preferably in commercial real estate and/or construction.
  • Specialized knowledge of commercial real estate and/or construction accounting preferred.
  • Two or more years' experience with Yardi Voyager (or similar property management software) preferred.
  • Proficiency in Microsoft Office or similar software applications.
  • Treasury management experience preferred.
  • Self-motivated, punctual, and efficient in handling multiple assignments under pressure.
  • Proficiency in performing complex financial analyses with minimal supervision.
  • Ability to work with sensitive and confidential material with discretion.
  • Strong communication skills.
  • Excellent organizational skills with a keen eye for detail.
  • Strong team player with a professional appearance and demeanor.
  • Friendly and patient.
  • Valid driver's license, vehicle insurance, and reliable vehicle.

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