Real Estate Accountant

Overview:

Westfield Development Company, Inc. is a privately-owned, real estate development and investment company. We acquire, develop, and manage a portfolio of properties across multiple asset classes, including industrial, office, and mixed use. Westfield has been operating in the Denver and Colorado front range market for approximately 30 years and has completed over 30 investments.

Westfield is looking for a Real Estate Accountant to be an integral part of the accounting team. This role reports to the VP of Accounting and will be responsible for financial reporting and accounting for several of the company’s operating and development properties.

This is a 100% in-office position located in Westfield’s office at 4221 Brighton Blvd in Denver.

Essential Responsibilities for Assigned Properties:

• Produce monthly accrual-basis financial statements and supporting schedules, in digital format for 7-10 assigned properties/
• Prepare quarterly GAAP financial statements for selected properties.
• Assist property manager with preparation of tenant operating cost estimates and reconciliations.
• Reconcile bank and general ledger accounts, record monthly journal entries.
• Prepare and update quarterly reforecasts.
• Maintain fixed asset and depreciation schedules using Asset Keeper.
• Assist property manager with annual budget.
• Prepare loan funding requests as applicable.
• Record non-recurring transactions such as loan refinancings, acquisitions, and dispositions.
• Create annual schedules for annual financial statement audits and coordinate with external audit firm to ensure timely completion of the audits.
• Other special projects and responsibilities as assigned.

Qualifications:

• Strong proficiency with MRI required.
• Minimum of 5 years of work experience commercial real estate accounting.
• Thorough understanding of operating expense recoveries for industrial and/or office tenants.
• Familiarity with commercial lease language, terms, and exhibits.
• Experience working in a multi-entity environment.
• Demonstrated integrity, honesty, and ability to handle confidential information appropriately.
• Committed to quality, accuracy, and timeliness.
• Experience streamlining and automating accounting processes preferred.
• Proficient with Microsoft Office – Excel, Word, and Outlook.
• Excellent verbal and written communications skills.
• Must enjoy working in a team environment but can also work independently.

Compensation:

• This is a full-time position which pays $85,000 to $95,000 annually, depending on experience.
• This role is eligible for an annual discretionary bonus.

Employee Benefits:

• Medical, dental, vision, long-term and short-term disability insurance.
• Employee only insurance coverage is 100% paid by the company.
• Paid time off and 12 holidays (includes 2 floating holidays).
• 401(k) with discretionary company match.

Our company does not discriminate against its associates or applicants because of race, color, religion, sex, pregnancy, national origin, ancestry, age, marital status, sexual orientation, veteran status, physical or mental disability or medical condition. Equal employment opportunity will be extended to all persons in all aspects of the employer-associate relationships, including recruitment, hiring, advancement, compensation, benefits, training, promotion, transfer, discipline, layoff, recall and termination. Every reasonable accommodation will be made for disabled associates.

Resumes and applications for employment will be evaluated based on qualifications to meet the requirements of the position and ability to perform the requirements of the position.

Job Type: Full-time

Pay: $85,000.00 - $95,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid sick time
• Paid time off
• Vision insurance

Physical Setting:

• Office

Education:

• Bachelor's (Required)

Work Location: In person

Salary : $85,000 - $95,000