Description

Who We Are

Core Spaces (Core) is more than a real estate company, it’s a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators, Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Our six cultural values guide us every day and we strive to live them in everything we do: PUSH (Invent Better Places to Live), GRIT (We Got This), LIFT (Help Each Other Win), SHINE (Bring Your Full Self), UPHOLD (Never Break Trust), GROW (Always Get Better). Everything Core does stems from this culture of collaboration and innovation, and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.

What We Do

Founded in 2010, Core is a vertically integrated company, focused on acquiring, developing, managing, and lending across the student housing and build-to-rent (BTR) sectors. Its residential communities feature world-class amenities, progressive design, and hospitality-driven client service. In its award-winning student portfolio, Core currently owns and/or manages over 37,400 beds and has a pipeline of over 35,000 beds in various stages of development. Core's BTR division currently has approximately 4,000 homes under development and in its pipeline in high growth metros across the country.* For more information, visit www.corespaces.com.

*Portfolio and pipeline numbers as of Q1 2024

Benefits That Matter

• A culture that provides you with a sense of belonging
• Hybrid and remote work options to promote work-life balance
• Competitive pay that values your contributions
• Annual incentive to reward your achievements
• Paid unlimited PTO to disconnect or celebrate life milestones
• Paid 16 holidays, including your birthday, to disconnect and celebrate
• Paid Parental Leave that begins after 90 days
• Paid volunteer time off to give back to your community
• Monthly workshop weeks; fewer meetings & more collaboration
• Robust health plan options that begin within at least 30 days of your employment
• Monthly phone reimbursement
• Wellness allowance and perks, including a yearly subscription to a meditation app
• An environment that provides you a voice to share your perspectives
• Employee Assistance Program (EAP) for access to confidential support services
• Company retirement options including 401(k) matching & Roth account option

Position Overview

As our Senior Property Accountant, you will be preparing and analyzing financial results of operational properties, including the preparation of the following: GAAP financial statements, , reporting workbooks to investors, general ledger review, and variance analysis . This position will also assist the manager with the coaching and oversight of our thirdparty accounting team.

What You Will Do

• Review ledger detail, prepare/review adjusting journal entries and supporting schedules for GAAP-based financial statements on a monthly basis
• Work closely with the community operations team to ensure they are receiving the information required to effectively manage the properties and that the monthly close and reporting calendar is being met
• Research monthly variances from budget and assist operations with variance explanations
• Assist community operations team and asset managers with annual budget preparation
• Review sales & use tax calculations and ensure the filings are completed by the state deadlines
• Prepare property financial statements and supporting schedules monthly, including monthly budget to actual variance analysis
• Review utility accruals and other calculations prepared by the third-party accounting team
• Prepare property acquisition and disposition journal entries; manage prorations (including post-close prorations)
• Review and provide guidance on correcting GPR reports and rent rolls reconciled by the community operations team
• Serve as property accounting representative to lead the onboarding of property acquisitions
• Record and maintain retail ledger activity
• Review bank reconciliations and journal entries prepared by the third-party accounting team
• Assist with ad hoc projects as needed
• Occasional travel may be necessary as needed
• Perform all other duties and tasks as assigned by management
• Must be able to complete all physical requirements of this role with or without a reasonable accommodation

Ideally, you'll have

• Bachelor’s degree in Accounting
• 4 years of relevant experience
• Detail oriented and ability to problem solve, research, and multi-task
• Strong knowledge of GAAP compliancy
• Experience working in Accounting Software Programs
• Proficiency in MS Outlook, Excel, Word
• Excellent interpersonal and organizational skills
• Ability to multi-task and manage shifting priorities in a fast-paced environment
• Attention to detail and high level of accuracy

You'll crush it if you have experience with

• Real Estate Accounting
• Entrata
• Yardi

Organizational Structure

Reports to: Director, Property Accounting

Direct Reports: N/A

Disclaimer: Please note that job responsibilities, reporting lines, and duties outlined in this job description are subject to change to meet the evolving needs of the organization.

As an Equal Opportunity Employer, Core Spaces celebrates diversity and is committed to creating an equitable and inclusive environment, which creates a sense of belonging for all employees. We do not discriminate and believe every individual should be proud of who they are and the community they represent.

Qualifications