Real Estate Accountant II

3 days ago

Palm Beach Gardens, Florida, United States Midas Full time
Job Description

At Midas, we are seeking a highly skilled and experienced Real Estate Accountant II to join our team. As a key member of our accounting department, you will be responsible for providing financial analysis and support to our real estate operations.

Key Responsibilities:
  • Prepare and report on accounting and non-accounting data on a monthly, quarterly and annual basis from the appropriate systems.
  • Responsible for Real Estate Tax (RET) and personal property tax (PPT) accrual journal entries.
  • Responsible for the accurate and timely review and processing completion of the monthly Rent Batching, monthly non-batched rents, and the weekly one-time rent processing.
  • Review RET & PPT funding requests for accuracy and independently resolve discrepancies.
  • Analyze RE Tax Deposit balances and prepare reconciliations for each shop annually and for shop sales, as needed.
  • Communicate Tax Deposit adjustments and billings, with appropriate supporting documentation, to Lease Administrators, in a timely manner.
  • Communicate financial information to appropriate individuals in a timely manner.
  • Prepare, review and document findings as part of monthy expense analysis and other fluctuation analysis performed on an ad hoc basis.
  • Prepare annual real estate budget and quarterly forecasts.
  • Suggest and implement process improvements to daily accounting functions.
  • Ability to read, comprehend, and interpret lease legal documents & analyze financial impact.
  • Understands basic premise of ASC842 & IFRS accounting standards, including associated reporting requirements.
  • Complete Ad Hoc reporting, analytics and special projects, as assigned.
Requirements:
  • Bachelor's degree in Accounting required. MBA, CPA or Masters in Accounting a plus.
  • 3-5 years accounting experience required or Real Estate accounting experience required.
  • Excellent PC skills, including Excel, Access and Word.
  • SAP and CoStar (real estate management software) experience a plus.
  • Fast paced environment dealing with large quantities of data.
  • Self-motivated, independent critical thinker, problem-solver, comfortable multi-tasking in a work environment with strict deadlines.
  • Excellent Reconciliation and Analytical Skills with strong decision analysis.
  • Strong Written and Verbal Communication skills with proven ability to identify and resolve intra-departmental accounting issues.
  • Works well under pressure.
  • Ability to effectively interact via written and verbal communications with Landlords, Property Managers, Dealers/Franchisees, and TBC management to resolve Real Estate tasks in a timely manner.
  • Ability to read, comprehend and interpret lease related legal documents for proper accounting treatment, validating payments and billings within CoStar Real Estate lease management system.
Benefits:
  • Competitive compensation and monthly bonus potential.
  • Medical, Dental and Vision coverage.
  • Company paid short term disability and company subsidized long term disability.
  • Company paid life insurance.
  • 401(k) with company match and immediate 100% vesting.
  • Generous paid vacation and paid time off.
  • Tuition reimbursement.
  • Flexible spending account.
  • Employee assistance program.
  • Purchasing power program that allows associates with a year of service to make large retail purchases through convenient payroll deduction.
  • Vendor purchase discount program.
  • Employee automotive discounts.

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