Primary Function
Perform accounting for a select set of managed properties and support the internal and external audit process of those properties.
Primary Responsibilities
Execute all aspects of monthly, quarterly and annual property financial reporting for a select group of managed properties
Maintain the property general ledger and subsidiary ledgers and review for month to month variances
Work with property management to research and explain budget to actual variances, and share these explanations with F&A leadership for use in monthly management meetings as required
Support AVP, Property Accounting with ad-hoc analysis requests
Prepare detailed audit work paper packages in connection with month-, quarter- and year-end financial audit and reporting process
Support AVP, Property Accounting’s coordination efforts with Tax, SEC Reporting, and Fund A&R that ensure that accurate monthly, quarterly and annual property accounting information is delivered in a timely manner
Create annual Building Operating Expenses reports
Prepare annual operating budget, revised forecasts and five-year plan, with appropriate support
Conduct lender compliance reporting and loan compliance activities (e.g., preparing financial packages for lenders, TC201, RPIE, etc.)
Work with internal audit to test internal controls; coordinate with property personnel to ensure that controls are implemented and executed properly
Perform financial analyses to support special projects as assigned
Perform other duties and special projects as assigned
Education & Experience
Bachelor’s degree in Accounting or a related field
Minimum of 3 years of accounting experience, preferably in a real estate environment and with a public organization
REIT and commercial office properties experience preferred, but not required
MRI experience preferred, but not required
Essential Skills & Qualifications
Strong understanding of accounting principles and the accounting requirements of real estate organizations
Fundamental understanding of US GAAP and SEC financial reporting and controls needed to meet Sarbanes-Oxley standards
Deep understanding of straight-line accounting, debits, and credits
Analytical and technical accounting skills
Strong organization, coordination and planning, and problem solving skills
Ability to meet strict deadlines consistently
Strong written and verbal communication and interpersonal skills
Ability to decipher and interpret legal documents
Strong software skills including financial systems and MS Excel, commercial real estate software skills preferred
Certificates, Licenses & Registrations
Certified Public Accountant (CPA) designation preferred
Internal & External Contacts
Regularly interfaces both verbally and in writing with other members of the Finance and Accounting team and with Asset Management, Property Management, Leasing, Tax, Internal Audit, HR and other functions, as needed
Interfaces with external auditors and external vendors