Property Accountant

Responsibilities
Kforce's client, a long-standing Property Management company located in Newton, MA is in search of a Property Accountant. The company offers a collaborative and employee-centric culture. Our client has been in business for 30 years and has holdings and projects in all classes of real estate. Responsibilities: The Property Accountant will be responsible for a portfolio of properties. They will be responsible for monthly preparation of financial statements including balance sheets, income statements, variance analyses, property/tenant statistics and general ledger reconciliations. Key Tasks:

• Work on upper and lower tier entities within a structure and potentially pass at REIT testing
• Responsible for preparing cash distribution worksheets that will determine if a distribution to the partners is warranted
• Prepare annual budgets for properties and respond to any questions pertaining to year-end work with outside auditors
• As a Property Accountant, you will work with Tenants and internal clients, responding to inquiries and questions regarding the assigned properties in the portfolio
• Be required to prepare Common Area Maintenance (CAM) and Real Estate Tax tenant billings on a quarterly and/or monthly basis
• Responsible for Percentage Rent billings for properties and preparing tenant water billbacks on a quarter and/or semi-annual basis for assigned properties

Requirements

• Bachelor's degree in Accounting
• 3 to 5 years of general ledger/financial statement preparation in a similar environment
• Knowledge of accounting software (Yardi, MRI, or comparable)
• Ability to maintain both GAAP and Tax reporting for complex properties
• Ability to understand all components of tenant leases
• Ability to successfully manage cash for assigned complex properties
• Strong Excel knowledge desirable

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.

We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.

Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.

This job is not eligible for bonuses, incentives or commissions.

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

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