Senior Project Accountant

Senior Project Accountant

Job Summary: The Senior Project Accountant is responsible for the timely and accurate financial reporting of assigned operating properties. Responsibilities include month-end close for assigned business units, reconciliation of accounts on a monthly basis, monthly calculation of operating expenses by tenant, reviewing accounts payable for accuracy, and assisting property management and accounting department with financial projects as needed.

Property Accounting Responsibilities:

• Accurately record income, expenses and changes in assets and liabilities on a monthly basis
• Update projected cash flow schedules throughout the year
• Record Company's share of partnership income on a monthly basis, and ensure that Equity Pick-Up Business Units are accurate
• Ensure inter-company balances are reconciled and paid in a timely manner
• Assist Assistant Controller, Retail Division, Asset and Property Managers as needed (especially with variance reporting and A/R issues)
• Assist property manager in the annual budget process with Asset and Property Managers
• Assist property management with quarterly forecasts for assigned properties
• Review and calculate monthly CAM/TAX/INS calculations, ensuring compliance with lease agreements
• Reconcile all balance sheet accounts and applicable income statement accounts to ensure accuracy
• Promptly record reconciling items and prepare schedules supporting each account
• Calculate depreciation and amortization
• Review monthly bank statement reconciliations
• Promptly record any reconciling items
• Review annual letters sent to tenants concerning the upcoming year base rental and estimated CAM/TAX/INS amounts. Ensure correct amounts are accurately reflected in the accounts receivable system
• Ensure that leasing commissions, tenant allowances, taxes, insurance, etc. are paid in a timely manner
• Prepare monthly draw for the construction loan

  Minimum Qualifications and Experience:

  • Must demonstrate initiative of taking on projects that benefits the accounting department or other customers.
  • Must demonstrate leadership among peers.
  • Must be organized, concise, detailed, flexible, and efficient
  • Must have excellent communication, and interpersonal skills
  • Must have good listening skills, and be service-oriented
  • Must be able to work outside the core business hours when needed
  • 4+ years of corporate accounting experience and a bachelors degree in Accounting required
  • Real Estate experience required, retail real estate experience preferred
  • JD Edwards and MRI experience preferred

Last updated on Nov 14, 2024