Job description
We currently have a portfolio of apartment and industrial assets valued at over $200 million and are seeking an Accountant to join our dynamic and entrepreneurial team. The Real Estate Accounting Manager will be responsible for property accounting, corporate and partner-accounting and the build-out of new financial processes and procedures. The role offers an opportunity for influence in a fast-paced work environment with autonomy.
ESSENTIAL FUNCTIONS
The Accountant will be responsible for assisting with property accounting in Buildium and Appfolio, bank reconciliations, financial statements, monthly closing, and financial reporting. The accountant will also assist on entity and corporate-level accounting, annual tax filings, investor reporting and new acquisitions support.
· Record tenant receipts against monthly charge and monitor tenant accounts for overages/shortages and receivables
· Manage weekly cash flow spreadsheet to determine which payables are to be paid
· Maintain books and records by verifying, allocating, and posting transactions for multiple entities
· Review and enter income and expense entries in property management software
· Prepare monthly bank reconciliations
· Prepare monthly property financial statement analysis with variance reporting
· Compile monthly, quarterly and annual financial statement package with required supporting documentation
· Distribute financials to lenders, investors and partners
· Monitor cash balances and recommend capital calls and distributions from/to investors
· Additional corporate accounting and financial analysis duties as assigned by management
QUALIFICATIONS
2+ years of property-level accounting experience
Experience in commercial and multifamily real estate
Strong communication, organizational and analytical skills, and exceptionally detail oriented
Knowledge of property management software a plus
Must be able to come to offfice in Westborough, MA 2-3 times a week
Job Type: Full-time
Pay: $75,000.00 - $100,000.00 per year
Benefits:
- 401(k)
- Health insurance
- Paid time off
Physical setting:
- Office
Schedule:
- Monday to Friday
Supplemental pay types:
- Bonus pay
Work Location: One location
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