Senior Property Accountant

About the role

The Senior Property Accountant plays a critical part in ensuring accurate financial results, strong cash management, and timely reporting for internal teams.

Responsibilities

• Monthly GL Close – Close the GL monthly (GAAP and cash general ledgers) and prepare workpapers.
• Manage daily accounting for a portfolio of four properties.
• Review and approve accounts payable, oversee cash management—including bank reconciliations and daily cash balances, process cash receipts, prepare loan draws, and collaborate with operations and asset management on property financial activities and ad hoc reports.
• Prepare monthly reports – Prepare monthly reporting packages for internal and external use, i.e., investor, lender compliance, asset management, and operational reports.
• Cash Forecasting – Manage the cash flow projections to meet the cash needs of the portfolio.
• Budgets – Assist in the preparation of the annual budgets and collaborate with the real estate team to ensure accurate and timely information.
• Audit – Assist in the annual audit process; manage interim work, issue timely workpapers, audit report templates, and footnotes.
• Taxes – Assist in the annual RPIE and TC 201 process.
• Sustainability – Serve as a resource, advocate, and catalyst for sustainability at The Durst Organization.

Qualifications

• Bachelor’s degree with a major in Accounting.
• 5+ years of accounting and relevant asset class industry experience.
• High level of computer skills, proficiency in Microsoft Office, and experience with general ledger software is a plus.
• Excellent communication and presentation skills.
• Strong understanding of accounting principles.
• Ability to demonstrate critical thinking skills to solve problems.
• Excellent analytical and quantitative skills.
• Strong knowledge of workpapers, corporate entity & loan structures, and property operations.
• Ability to drive results and meet strict deadlines.
• CPA a plus.
• Experience with general ledger software is a plus, including MRI, Yardi, Timberline.

Salary range

$95,000 - $125,000 annually

Physical Demands and Work Environment

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EEOC Equal Opportunity Employer

The Durst Organization and Affiliates is an equal opportunity employer for all and an employer for qualified veterans and individuals with disabilities in accordance with the Vietnam Era Veterans' Readjustment Assistance Act (VEVRAA) and the Rehabilitation Act of 1973. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, genetic information, disability or protected veteran status, or any other characteristic protected by law.