Senior Property Accountant

About the role

Reporting to the Director of Property Accounting, the Senior Property Accountant is responsible for the full-cycle accounting and financial reporting of a portfolio of residential and retail properties. This role plays a critical part in ensuring accurate financial results, strong cash management, and timely reporting for internal teams.

Responsibilities

• Close the general ledger 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 and prepare loan draws.
• Collaborate with operations and asset management on property financial activities and ad hoc reports.
• Prepare monthly reporting packages for internal and external use (investor, lender compliance, asset management, and operational reports).
• Manage cash flow projections to meet the cash needs of the portfolio.
• Assist in the preparation of annual budgets and collaborate with the real estate team to ensure accurate and timely information.
• Assist in the annual audit process; manage interim work, issue timely workpapers, audit report templates, and footnotes.
• Assist in the annual RPIE and TC 201 property tax processes.
• Apply skills unique to core job responsibilities for practical integration of sustainability into processes, standard operating procedures, and adopted business practices; empower colleagues, consultants, tenants and residents to prioritize and actively engage in environmental stewardship.

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.
• Experience with general ledger software (MRI, Yardi, Timberline 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.

Pay

$95,000 – $125,000 annually

Physical Demands and Work Environment

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical demands

• Occasionally required to walk; sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms; balance; stoop; crouch; bend; talk; and hear.
• Occasionally lift and move up to 10 lbs.
• Specific vision abilities required: close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

Work environment

The noise level in the work environment is usually moderate.