Sr. Property Accountant JH022019 <back to categories >
JOB CODE JH022019
JOB TYPE Permanent
CATEGORY Accounting/Finance
RECRUITER John Hyer
CONTACT OFFICE Babich & Associates (Dallas)
6030 E Mockingbird Lane
Dallas TX 75206-5428
CONTACT PHONE 214-823-9999
CONTACT EMAIL jhyer@babich.com
DESCRIPTION

Sr. Property Accountant

DFW company hiring for Sr. Property Accountant who has a proven history supporting commercial properties and/or REITs. Applicants for this position will be self-motivated individuals with a high degree of initiative and professionalism.

 

Responsibilities

  • Manage full-cycle accounting for commercial real estate properties as assigned
  • Reconcile and comprehend all balance sheet accounts and produce monthly financial statements with supplementary reporting as required
  • Utilize budgets and other tools to analyze variances and reconcile payments applied against major contract values
  • Ensure all legislated taxes and assessments are reconciled and remitted
  • Monitor cash positions and anticipate future cash deficiencies
  • Monthly bank reconciliations including follow up and correction of outstanding items
  • Monitor and review monthly receivables for accuracy, adjustments, and/or corrections
  • Supply tenant analysis and statements of account as required
  • Monitor and review accounts payable coding for accuracy
  • Calculate and analyze year end operating cost adjustments (Op. Ex. or CAM) and tenant billings for assigned properties
  • Review account records such as credit memos and cash receipts to ensure accurate accounts
  • Prepare monthly non reoccurring tenant billings including utility sub metering for property manager’s review and approval
  • Prepare monthly accruals for property manager’s review and approval
  • Assist property manager with monthly reporting, to include revenue variance explanations and overall review before submission to General Manager
  • Security deposit and Letter of Credit monitoring, assessing tiered refunds with property manager’s review
  • Lease Administration, implementation of lease data into MRI Real Estate Software
  • Calculate and post Percentage Rent, as needed
  • Consolidate monthly reporting package for submission to ownership
  • Interact and facilitate, on a group and individual basis, the business activities of accounting, as well as external clients such as tenants, investors, vendors, affiliates, and other intermediaries as requested
  • Develop and review property reports, documentation, presentations, email communication and all other correspondence.
  • Ensure that all financial reporting is in accordance with Generally Acceptable Accounting Principles (GAAP)
  • Perform financial analysis, modeling, and budgeting activities
  • Account, book, and reconcile the general ledger as appropriate.

Qualifications

  • Bachelor’s Degree in Accounting from an accredited university is required, CPA preferred
  • 5-7+ years of experience commercial real estate or REIT accounting is required
  • Advanced experience and familiarity with MRI Real Estate Software and MS Office Suite (Excel, Word, PowerPoint, and Outlook) are required
  • Personal & Interpersonal skills a successful candidate for this position would possess would include;
    • Independent motivation in an individual who seeks to constantly prove their ability to be flexible and thrive when facing new challenges in a relatively unstructured environment
    • Polished and professional demeanor in both verbal and written forms of communication
    • A high degree of discretion as duties and responsibilities of the position relate to safeguarding confidential information

 

Email resume to jhyer@babich.com