What are the responsibilities and job description for the Senior Property Accountant position at Genuine Search Group?
My client, a well-established commercial real estate owner/developer, is seeking a strong Senior Property Accountant. This role offers close mentorship from a great mentor and significant potential for growth.
Responsibilities:
- Oversee accounting duties for commercial and mixed-use properties
- Prepare financial statements for assigned portfolio
- Perform CAM reconciliations
- Analyze the general ledger for each property, prepare journal entries, calculate accruals and adjustments and maintain detailed workpaper files on a monthly basis
- Review results of operations and provide detailed explanations of variances
- Review invoices to ensure correct account coding and expense allocations
- Prepare reconciliations of all cash accounts, reserves and escrows
- Monitor cash balances and request capital funding, as needed
- Maintain fixed asset and depreciation schedules
- Calculate real estate tax and operating expense escalations
- Interact with asset managers, leasing agents, and property managers
- Assist in the resolution of tenant billing inquiries with accounts receivable and legal departments
- Compile financial information for analysts during debt refinances and/or sales of properties
- Prepare annual budget and reforecast
- Prepare real estate tax certiorari filings
- Serve as the main contact for annual audits and tax return preparation
Requirements:
- Bachelor's Degree in Accounting
- Background in public accounting or private industry within the real estate industry
- Knowledge of Yardi, MRI or similar software is preferred
- Strong organizational and communication skills
Salary : $120,000 - $135,000