Senior Property Accountant

Job Purpose: Prepare accurate and timely financial statements, related to entities assigned, for lenders, upper management and owners.

Job Duties:

Accounts Payable:

• Review expense coding, amounts, validity of debt and authority limits of payables and check requests submitted.
• Manage coding and reimbursement of master Boxer billing for select contract services and general administrative expenses.

Accounts Receivable:

• Verify Accounts Receivable sub ledger remains in balance with General Ledger.
• Post month end adjustment of prepaid rent per guidelines.
• Post month end reserve for bad debt per guidelines.
• Review and approve monthly CPI calculations and billings.
• Reconcile tenant security deposits monthly.

Cash:

• Investigate cash variances between the General Ledger and the bank account.
• Investigate outstanding bank reconciliation items before bank reconciliation is posted for the month.
• Submit ACH requests to Treasury to clear intercompany liabilities.
• Post weekly due to/from Journal Entries to the General Ledger.

Financial Reports:

• Comply with financial reporting requirements of various loan and partnership agreements including preparation of GAAP basis financial statements.
• Analyze all balance sheet and income statement accounts and prepare appropriate accrual and/or adjusting entries
• Prepare annual and quarterly financial statements by lender deadlines.

Fixed Assets:

• Close out capital jobs at year end to move value of completed jobs from work in progress to the proper capital General Ledger account.
• Prepare schedules of prepaid commissions at year end to be posted into the Fixed Assets Manager software.
• Maintain and post monthly entries from depreciation and amortization schedules.

Other Assignments:

• Prepare monthly rent rolls.
• Prepare balance sheet reconciliations
• Assist in the preparation of CAM and escalations reconciliations and estimates.
• Assist in preparation of annual budgets and quarterly reforecasts.
• Cover duties of Assistant Controller – Office Buildings in his absence.
• Assist with special projects and other assignments as needed.

Required Skills, Education and Experience:

• Bachelor's Degree in Accounting or Business preferred.
• Solid understanding of GAAP and general accounting practices.
• Minimum of 3 years financial reporting experience demonstrating exposure to commercial property accounting.
• Strong analytical skills and excellent attention to detail.
• Good organizational and time management skills. Ability to maintain a high level of productivity with minimal direct supervision.
• Ability to prioritize and multi-task.
• Clear written and verbal skills with ability to communicate with all levels of staff.
• Comfortable knowledge of leases, loan documents, management agreements, etc.