At a Glance
- Tasks: Manage property accounting and prepare financial reports for investors and lenders.
- Company: Join a leading firm in the commercial real estate sector.
- Benefits: Enjoy competitive salary, medical insurance, and 401(k) plans.
- Other info: Opportunity for career growth in a supportive environment.
- Why this job: Make an impact in the dynamic world of retail real estate accounting.
- Qualifications: Bachelor's degree in Accounting and 5 years of relevant experience required.
The predicted salary is between 81000 - 99000 $ per year.
In this role, you will be responsible for day-to-day property and general ledger accounting activities, ensuring timely and accurate preparation of reporting packages, conducting variance research as needed, and assisting with ad-hoc reporting projects. This position reports directly to the Controller.
A degree in Accounting and experience within the commercial real estate industry in retail is required.
Job Responsibilities
- Prepare quarterly financial reports for investors, lenders, and various third parties.
- Review and post monthly tenant charges.
- Calculate annual CAM estimates, direct monthly CAM billings to tenants, year-end CAM reconciliations, and other lease administration tasks.
- Record debt service and mortgage escrow transactions.
- Process monthly sales tax calculations and payments.
- Prepare monthly management fee calculations and owner distributions.
- Work closely with property managers to prepare annual operating and distribution budgets.
- Review all invoices submitted by property and development managers for appropriate documentation and approval prior to payment.
- Process weekly check runs to vendors and assist in the issuance of annual 1099s.
- Handle monthly credit card processing, including collection of receipts, coding, and coordinating payment.
- Reconcile bank accounts monthly, with follow-up and corrective action to resolve discrepancies.
- Prepare monthly draw packages on development projects for submission to lenders.
Education & Experience Requirements
- Bachelor’s degree in Accounting.
- Minimum of 5 years of experience in retail commercial real estate.
- Experience working with Yardi Voyager is required.
Senior Property Accountant employer: LHH
Join a well-established financial services firm in the vibrant community of Charlotte Bay, where you will thrive in a dynamic work environment that fosters collaboration and professional growth. As an Executive Assistant, you'll benefit from competitive salary packages, mentorship opportunities, and a supportive culture that values your contributions and encourages your development. This role not only offers a chance to work closely with senior professionals but also provides a unique opportunity to enhance your skills in a thriving industry.
