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Senior Property Accountant

Location: Reston Region
Category: Finance & Accounting
Employment Type: Direct Hire
Contact: fad.reston@hirestrategy.com

Successful Real Estate Company is currently seeking a Senior Property Accountant to support their accounting team. This position would oversee a number of entities from an accounting prospective and perform the close and financial reporting functions. Qualified candidates will have 3+ years of property accounting experience. 

 

The Senior Property Accountant is responsible for the accounting and internal reporting for the co-investment entities. Primary responsibilities include the preparation of monthly close process and requisite monthly/quarterly/annual reporting. Additionally, the Senior Accountant will work closely with Accounts Receivable, Accounts Payable, and Cash Management to ensure that accounting procedures conform to generally accepted accounting principles (GAAP), and assists in the development/implementation of internal policies, procedures, and controls.

 

Primary Responsibilities:

  • Perform day-to-day accounting of real estate assets and the funds that invest in these assets 
  • Timely preparation and delivery of monthly, quarterly and annual reports and associated consolidated financial statements, supporting schedules and analyses 
  • Prepare bank reconciliations for multiple checking and investment accounts 
  • Record and reconcile financial information 
  • Prepares the calculation of asset management fees, property management fees, and lease commission 
  • Assist in the management of cash flow and cash requirements for all managed co-investments and subsidiary entities 
  • Evaluate all significant accounting transactions; research and implement relevant accounting technical standards 
  • Assist in the provision of information supporting the annual tax return and the annual audit 
  • Assists in creating training manuals to be used by the accounting team and future new hires 
  • Collaborate with various teams; Information Technology, Cash Management, Accounts Payable, and Operations to automate and improve process efficiencies within the Accounting department 
  • Assist with the roll out of any new accounting software initiatives 
  • Supports Controller/Accounting Manager to establish and maintain accounting policies and procedures 
  • Any other responsibilities that may be assigned from time to time and ad hoc accounting projects as requested by Controller/Accounting Manager 

 

Qualifications:

  • Effective at prioritizing multiple projects with shifting deadlines 
  • Ability to operate in a fluid, fast paced, start-up environment 
  • Excellent written and verbal communication skills 
  • Strong analytical skills and attention to detail 
  • BA/BS in Finance/Accounting/related field, or equivalent work experience 
  • CPA, real estate and Yardi experience a plus 
  • Minimum of five to seven plus years of accounting experience 
  • Institutional real estate investment fund accounting experience