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Comstock Companies

Senior Property Accountant

Comstock Companies, Reston, Virginia, United States, 22090


Senior Property Accountant

Department:

Accounting/Finance

Employment Type:

Full Time

Location:

Corporate Office

Description

We are seeking a Senior Property Accountant to manage financial operations for a portfolio of commercial properties. In this role, you'll handle monthly reporting, reconciliations, cash flow management, and ensure compliance with loan covenants. We're looking for a resourceful, team-oriented professional who thrives in a collaborative environment and is excited to support both accounting and property management teams. If you're ready to grow in a dynamic commercial real estate setting, we'd love to hear from you!

Key ResponsibilitiesDevelop and implement commercial property and commercial parking operations accounting procedures and monthly close process, to include but not limited to review of general ledgers, processing journal entries, and preparing monthly accrualsPrepare monthly and quarterly reporting packages for properties in a timely mannerPrepare monthly bank and other balance sheet reconciliations in tandem with the reporting packagePrepare and monitor monthly debt and equity draws and manage project cash positions on a daily basisApprove and process accounts payable disbursements as neededEnsure compliance with mortgage loan covenants and reporting requirementsAssist in preparation of local, state, and federal tax returns with consultation from outside accounting firm as necessaryAssist in annual financial statement audit and reviews performed by outside CPA firmAssist in preparation of joint venture and consolidated financial statementsAssist, review, and coordinate the workflow of Lease Administrator including application of A/R adjustments and daily cash receiptsAssist property management staff with preparation of annual budget package and monthly and quarterly variance analysis to budgetSupervise property accountant and other junior staffPerform other duties as assignedSkills, Knowledge and Expertise

Bachelor's in Accounting or related field requiredCPA is a plus but not required.Minimum of 2 years of commercial real estate accounting experience requiredExperience with Yardi, or MRI preferredStrong accounting skills with in-depth knowledge of US GAAPUnderstanding of property management in relation to financial accounting, recoveries, budgeting and forecastingProficient knowledge of Microsoft excel

Benefits

Compensation:- Competitive Salary with Bonus Potential- Generous Benefit Package: Medical, Dental, Vision, 401K Match, Life Insurance

Career Development- Opportunities for Advancement within our expanding portfolio- Annual Professional Development Funds to fuel your growth

Employee Perks (to name a few):- Housing Discount- Commuter Benefits- Free Parking and EV charging- Parental Leave Program- Enjoy a Friendly Work Environment that values collaboration

Explore more perks and possibilities here for growing your career with Comstock Companies! Discover what sets us apart!