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Property Accounting Manager

L7

kforceBurlington, MA2 days ago

Occupations

Accountants and AuditorsProperty, Real Estate, and Community Association ManagersBookkeeping, Accounting, and Auditing Clerks

Industries

Nonresidential Property ManagersResidential Property ManagersLessors of Other Real Estate Property
Description: Kforce has a client that is seeking a Property Accounting Manager in Burlington, MA.
Summary: We are seeking a results-driven Property Accounting Manager to join our company. The position reports to the Senior Vice President of Accounting & Finance and oversees the day-to-day property accounting at Company. As a Property Accounting Manager, you will be responsible for all aspects of the accounting assigned portfolio of properties. You will oversee, monitor and facilitate all financial matters including internal and external financial reporting and quarterly close deliverables.
Essential Functions:
  • Provide oversight and direction to property accounting area in accordance with the company's policies and procedures* Review of lease structures, transactions and ownership structures adhere to internal policies and procedures and comply with reporting requirements* Review and present quarterly revenue, NOI and depreciation variance analysis to executive and senior management* Final review and approval of quarterly and annual financial statements and other reporting requirements for external parties (joint venture, lender, third party)* Review of all leasing transactions to ensure adherence to internal policies and procedures and compliance with GAAP and/or IFRS requirements* Review of tenant operating and tax escalations throughout annual cycle (monthly estimates, quarterly true ups and annual true-up)* Responsible for, and coordinate the transition of all acquisition, dispositions and new developments* Ensure all accounting complies with all management, development, mortgage and other agreements* Manage all tenant audits from initial inquiry to conclusion including review of any correspondence with the tenants and the Regional support team (Property Management, Legal, and Leasing)* Perform other duties as assigned
Requirements:
  • Bachelor's degree in Business Administration or Accounting; CPA a plus* Ideally 8+ years of comprehensive accounting experience required; Previous accounting experience in commercial real estate settings or related industries preferred* Proficiency in MRI or Yardi* Proven organizational skills* Self-starter capable of finding solutions with minimal supervision* Progressively responsible supervisory experience preferred Job TypeDirect Hire Compensation150000 - $165000
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Level

ManagerL7

Location

Burlington, MA

Occupation

Accountants and Auditors

Industry

Nonresidential Property Managers

Posted

2 days ago

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