Senior Property Accountant

This Jobot Job is hosted by: Marcus Curiel

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Salary: $85,000 - $100,000 per year

Established in the early 90's, our firm is a vertically integrated real estate development and investment company dedicated to revitalizing and transforming urban communities across key U.S. markets. With a history of spearheading over $5 billion in investment projects, we specialize in the development of mixed-use, multifamily, and large-scale urban projects, including housing, retail, office, and hospitality. Our investment management team excels at identifying and unlocking value in high-density, ethnically diverse areas, while our full-service property management division creates thriving communities with sustainable, long-term value. Our construction arm, operating through two independent affiliates, offers comprehensive program and construction management services to ensure the success of every project.

• Strong company culture with a local presence.
• Position works at the Corporate Office & works with the leadership team.
• Competitive compensation package.
• Comprehensive employer-paid benefits package.
• Professional development and growth opportunities.

Key Responsibilities:

• Prepare, review, and analyze financial data to ensure accuracy and timeliness, including variance analysis and explanations.
• Ensure compliance with internal reporting standards and external reporting guidelines for lenders, investors, and partners, meeting monthly, quarterly, and year-end deadlines.
• Manage and update cash balances, and perform weekly/monthly bank reconciliations for your assigned portfolio, while also assisting the accounting manager with cash and bank reconciliations.
• Review and oversee property vendor invoices within the accounts payable system, preparing disbursements for approval.
• Collaborate with internal and external business partners, including asset management, property management teams, and external auditors, to support financial operations and reporting.
• Maintain and review general ledger accounts to ensure accuracy and compliance with company policies.
• Prepare and analyze monthly financial statements using cash or accrual methods of accounting, adhering to GAAP standards.
• Examine rental activity reports for proper revenue classification, preparing reclassifying entries as necessary.
• Maintain detailed supporting schedules for fixed assets, insurance, taxes, and other property-related expenses.
• Analyze financial statements and budget variances, identifying and reporting any abnormalities to management.

Qualifications:

• Bachelor’s degree in Accounting or a related field.
• 3-5 years of experience in Property Management Accounting, with a preference for experience in multi-family housing.
• Experience with property management software such as Yardi or similar platforms.
• Self-motivated and proactive, with the ability to meet deadlines in a fast-paced environment.

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