The Senior Accountant, Property Accounting is primarily involved in all accounting aspects related to the Outpatient Medical and Research portfolio of a high-energy REIT. Main activities include, but are not limited to, property accruals and close, financial statement review, account reconciliations, straight-line rent calculations, and common area maintenance (CAM) recovery estimates, accruals, and true-ups. The position requires a great deal of energy, attention to detail and ability to effectively handle multiple tasks with minimum supervision, as well as the ability to adapt to changing priorities in a fast-paced environment.
Responsibilities:
- Perform property accruals and close property financials on a monthly basis
- Review portfolio of property financial statements in detail and explain material changes period over period
- Perform straight-line rent calculations and post necessary reserves
- Ability to read and interpret leases to ensure accurate revenue recognition
- Perform CAM set-up reviews and calculate estimates, accruals and true-ups
- Provide support to Property Management and Asset Management, including technical guidance
- Prepare and/or review general ledger and bank account reconciliations on a monthly basis
- Prepare various monthly and quarterly schedules utilized for internal and external reporting
- Assist with transactions for any acquired or sold properties
- Coordinate with third party operators and various other functions to ensure accuracy of reported results
- Assist with internal and external audit requests
- Coordinate with FP&A to provide information needed for budget and forecast preparation
- Complete ad-hoc projects and management requests
Requirements:
- 3-5 years of accounting experience, public accounting experience preferred
- Bachelor’s degree in Accounting or Bachelor’s of Business Administration (with concentration in Accounting)
- CPA or CPA candidate required
- Experience in the real estate industry, lease accounting, and/or common area maintenance preferred
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