Company Description: Grace Development is a privately held full-service owner and manager of commercial real estate in the southeastern United States. The firm specializes in the acquisition and management of retail, office, industrial, and multifamily real estate. Additionally, we focus on the development of new properties, rehabilitation of older properties, and efficient operation of historic buildings. Our real estate professionals blend local knowledge and market-driven insights with a wealth of expertise and experience. We seek to acquire high quality investments with upside potential. We then improve the properties performance through hands-on management and targeted value-add initiatives. Our efforts result in solid returns for investors. The company currently has $300 million of assets under management and is focused in on the Nashville, Dallas, and south Florida markets

Grace Development is seeking to hire a Real Estate Accountant. The company is looking for someone with accounting experience and preference will be given to those individuals with a background in real estate accounting. The accountant will report to both CFO and the Controller. Preference will be given to applicants with YARDI, MRI, Skyline, or other real estate accounting software experience. Grace Development is looking to fill the position immediately.

Roles and Responsibilities

• Enter and maintain lease information for commercial and tenants into the accounting system
• Track variance reports monthly for tenant income and monitor rent rolls for proper charges
• Assist residential property managers with Yardi rent café
• Monitor and verify that residential leases are uploaded and entered correctly
• Track tenant insurance and send out insurance notifications
• Deposit and/or post all check and ach payments promptly and accurately
• Provide accounts receivable aging reports twice monthly and on demand
• Enter all charges including recurring monthly items
• Send out monthly statements and rent invoices to tenants
• Follow up with tenant accounting related inquiries
• Assist with annual CAM Reconciliations including charges and invoicing
• Complete monthly bank reconciliations
• Process and track all tenant and inter company bill backs including creating charges, invoices and follow up
• Assist with monthly and annual reports
• Assist with property tax updates including tracking annual increase/decrease and working with accounts payable to process payments
• Verify that tenant paid property taxes are sent to tenants timely and paid before the due date
• Record mortgage loans, track principal balances and update spreadsheet; alert when maturity dates draw near
• Monthly security deposit accounts true up
• Prepare initial budgets for all properties annually including leasing forecast calculations
• Calculate monthly FL sales tax amounts and correct any inconsistencies with commercial tenant ledgers
• Suggest, assist, and implement changes in the accounting and leasing processes to streamline and update
• Occasional phone answering duties
• Other duties as needed including special projects for the President, the CFO and Controller

Requirements:

• Proficient in Microsoft products especially Excel
• Bachelor’s degree with business concentration (accounting, finance, business administration)
• Excellent attention to detail and accuracy
• Experience in accounting or a related field
• Real Estate experience preferred
• Yardi systems experience highly valued

Job Type: Full-time

Salary: $90,000.00 - $110,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Health insurance
• Life insurance
• Paid time off

Experience level:

• 4 years

Physical setting:

• Office

Schedule:

• Monday to Friday

Work Location: In person

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Health insurance
• Paid time off

Experience level:

• 2 years

Schedule:

• Monday to Friday

Work Location: In person

Job Type: Full-time

Pay: $90,000.00 - $110,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Health insurance
• Paid time off

Schedule:

• 8 hour shift

Supplemental pay types:

• Bonus opportunities

Education:

• Bachelor's (Preferred)

Work Location: In person