Associate, Senior Property Accountant
Bulfinch is a third-generation commercial real estate firm specializing in the acquisition, development, management, and repositioning of commercial properties in Greater Boston. Since 1936, Bulfinch has taken a unique approach to creating value in commercial real estate and has successfully evolved and adapted to industry changes and the needs of all stakeholders. The firm was founded on a commitment to employees and the culture embodies an entrepreneurial spirit and sense of family.
About the Role
The Senior Property Accountant position is responsible for assisting with the full cycle accounting, financial analysis, and reporting function for real estate partnerships and other related entities.
You have previous experience and a strong interest in property accounting and commercial real estate. You bring a keen eye for detail, strong analytical skills, and a proactive mindset. You’re comfortable working with accounting software, Microsoft Office Suite products, Yardi, and Adobe Acrobat. You thrive in a team environment, communicate clearly, and manage your time effectively. Adaptable and solutions-oriented, you take pride in your accuracy, professionalism, and ability to meet deadlines in a fast-paced setting.
Responsibilities
- Review tenant accounts to ensure they are billed for base rent and additional charges in accordance with their lease and investigate and resolve all discrepancies noted
- Efficiently communicate with tenants on changes to billings and resolve any late payments
- Prepare annual reconciliations of tenant operating and real estate tax escalations for assigned properties
- Ensure the accurate and timely processing of daily cash receipts for assigned properties
- Research and assess vendor payments to ensure they are properly coded prior to payment
- Assist in the preparation of all monthly, quarterly, and annual financial statements for investors, lenders, and internal users
- Assist in the annual budgeting process, quarterly re-forecasting process, and preparation of monthly reports for review by senior management
- Prepare revenue and expense variance analysis on a quarterly basis and investigate and document any material fluctuations
- Assist with monthly development funding requisitions
- Assist with the preparation and review of annual financial statements
- Compile year-end reporting packages and related schedules required for the annual audits
- Work with Asset Management, Tax, Finance, and Legal Departments to obtain necessary information for the compilation of the annual financial statements
- Assist with ad-hoc projects and other duties as assigned
Requirements
- Bachelor’s degree in Accounting or Finance, preferred
- Previous commercial real estate property accounting experience required
- Experience with Yardi accounting software required
- In-depth knowledge of MS Office suite and Adobe Acrobat
- Great team-building skills
- Detail-oriented with problem-solving mindset, superior work ethic, and sound judgment
- Excellent organizational and time management skills
- Excellent written and verbal communication skills
- Ability to interact in a team-oriented environment, show a willingness to collaborate and multitask, with a balanced demeanor of professionalism and a proactive attitude
- Organized, with a high level of accuracy and ability to work in a fast-paced environment
- Adaptability to changing demands and meeting deadlines
- Effective problem-solving skills
Pay
The salary range for this position is $75,000 – $110,000 annually, based on experience, qualifications, and overall skill set.
Benefits
Bulfinch offers a competitive compensation and benefits package, along with significant opportunity for professional growth and advancement within the organization.