What are the responsibilities and job description for the Property Accountant position at Bulfinch?
Who We Are
Bulfinch is a third-generation commercial real estate firm specializing in the acquisition, development, management, and repositioning of commercial properties in Greater Boston. Since 1936, Bulfinch has taken a unique approach to creating value in commercial real estate and has successfully evolved and adapted to industry changes and the needs of all our stakeholders. The firm was founded on a commitment to our employees and the culture we began cultivating 85 years ago embodies our entrepreneurial spirit and sense of family.
We are looking for a stellar Property Accountant that embodies our core values to join our group! This person will be a team player assisting the team with accounting, financial analysis and reporting for real estate partnerships and other related entities.
Role Responsibilities:
Bulfinch is a third-generation commercial real estate firm specializing in the acquisition, development, management, and repositioning of commercial properties in Greater Boston. Since 1936, Bulfinch has taken a unique approach to creating value in commercial real estate and has successfully evolved and adapted to industry changes and the needs of all our stakeholders. The firm was founded on a commitment to our employees and the culture we began cultivating 85 years ago embodies our entrepreneurial spirit and sense of family.
We are looking for a stellar Property Accountant that embodies our core values to join our group! This person will be a team player assisting the team with accounting, financial analysis and reporting for real estate partnerships and other related entities.
Role Responsibilities:
- Perform accounting functions such as booking and posting entries, reviewing daily cash activity, and preparing monthly bank reconciliations. Ensure tenant accounts are up-to-date and vendor payments are properly coded prior to payment. Keep all accounts accurate and in good standing
- Assist in the preparation of all monthly, quarterly, and annual financial statements for investors, lenders, and internal users, as well as annual reconciliations of tenant operating and real estate tax escalations
- Provide support in the annual budgeting process, quarterly re-forecasting process, preparation of monthly reports, depreciation and fixed asset schedules, annual tax returns, and revenue and expense variance analysis for review by senior management
- Review and develop a comprehensive understanding of all mortgage documents and management, joint venture, and operating agreements for assigned properties
- Compile year end reporting packages and related schedules required for the annual audits
- Work with Lease Administration, Tax, and Legal Departments to obtain necessary information for the compilation of the annual financial statements
- Support the senior accountants/ controllers with Asset Management, Construction, Property Management, and other business teams to provide financial information, reporting and budget support, as needed
- Support the senior accountants/ controllers with monthly development funding requisitions, as needed
- Support system improvement initiatives, including streamlining and automating processes, converging accounting systems and enhancing internal controls.
- All other projects as assigned
