Property Accountant

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Job description

Creative Financial Staffing has partnered with a growing real estate firm in downtown Boston on their search for a Property Accountant. Our client specializes in the acquisition, development, and management of commercial real estate across the United States.

Property Accountant Highlights:

• Growing yet stable boutique commercial real estate company
• Accounting department team gets exposed to various areas of accounting analysis outside of pure property accounting (i.e. development accounting, budgeting, forecasting and analysis).
• Great modern office and location in downtown Boston
• Strong company culture that is very employee-centric, with very little turnover

Property Accountant Responsibilities:

• Prepare annual building budgets including revenue projections, operating expenses, and capital improvement programs (in consultation with the Property Manager)
• Prepare monthly financial reports/balance sheets/cash flow analyses/operating expense analyses for internal use and investor reporting
• Oversee cash management for all entities
• Support audits
• Prepare and maintain general ledger and reconcile accounts
• Prepare bank reconciliations and Tenant CAM & Real Estate Tax calculations
• Review, set up and maintain property tenants on MRI software.
• Maintain knowledge of tenant leases (i.e. rent increases, options, special clauses, letter of credit).
• Prepare distributions and maintain priority return schedules.
• Prepare annual workpapers and work with external auditors.

Property Accountant Requirements:

• Bachelor's degree preferred
• 3+ years of relevant accounting experience Excellent written and verbal communication skills
• Experience with Yardi, MRI preferred.
• Hybrid schedule, 3 days in office
• Highly competitive benefits

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