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Advance Realty Investors

Senior Property Accountant

Advance Realty Investors, Basking Ridge, New Jersey, us, 07920


Job Type

Full-time

Description

A leading, privately held real estate development, investment and management company that has acquired or developed more than 15 million square feet of commercial, residential, retail, mixed-use and industrial projects is currently seeking a Senior Property Accountant to apply cash, accrual and full GAAP accounting principles to prepare, analyze, maintain and deliver complete and accurate financial reports for a highly complex or strategic portfolio of Advance clients and properties.

A successful candidate for this position will be a self-starter, attentive to detail and passionate about their work.

Responsibilities

Completes and oversees advanced level accounting transactions in preparation of client financial statement packagesCreates and posts journal entriesEnsures that all expenses, receipts, owner's distributions, funding requests and other transactions for the accounting period have been accurately posted.Generates and reviews financial packages for accuracy and comprehensive reporting.Prepares packages on a schedule to ensure timely delivery to the investor, lender and other management teams, as requiredPrepares funding and payment requests for accuracy, documentation, and authorization in accordance with established operating proceduresReconciles bank accounts and fixed asset ledgers to supporting documentationResponds to and resolves issues and requests from management teams and clients regarding various accounting issues and reports including P&L statements.Researches open accounting issues and recognizes potential issues and / or conflicts so corrective action can intercept and minimize issuesReviews complex property budgets and forecasting for assigned property portfoliosJob cost accounting for development and construction projects, as necessaryLiaison with audit and tax preparers for externally required financial statementsRequirements

Skills and Experience

Bachelors' degree in accounting requiredMinimum of 5 years' experience in real estate accounting requiredCPA certification (active license) preferredExperience with real estate accounting software (MRI or Yardi) preferredExcellent written and verbal communication skillsRequires knowledge of GAAP and Federal Tax regulations. This includes knowledge of financial terms and principles to include accounting methods (cash/accrual and GAAP/tax)Proficient in preparing, reviewing, and analyzing tenant CAM charges and reconciliations