Our client, a nationally renowned Real Estate Company, is seeking a Property Accounting Manager.
Responsibilities include:
- Supervising a team of two Senior Accountants responsible for property accounting for a specified portfolio and providing accounting support to the related property operations and asset management teams.
- Oversee the month-end close for a portfolio of properties, including the review and posting of general ledger journal entries, review of month end accruals/reclasses for accuracy, validity and proper classification, and review of various schedules and analyses.
- Manage various close processes including, but not limited to, monthly expense accruals/reclasses submitted by regional divisions, and monthly income accruals including real estate tax recovery, Common Area Maintenance (CAM) recovery, tenant recovery, and parking, etc.
- Prepare variance analyses on property financial statements and review with property operations group, including the review and posting of adjusting entries as necessary to accurately state financials.
- Oversee various quarterly general ledger account reconciliations to ensure accurate and timely completion.
- Manage sales and use tax filings, and other state and local tax filings as needed. Ensure compliance in various states, including coordination of sales tax audits.
- Oversee the timely and accurate completion of quarterly partner distributions.
- Perform and coordinate various analyses and schedules that help ensure the accuracy of monthly and quarterly financial data.
- Function as liaison with auditors for completion of the financial statement and internal control audits and Sarbanes Oxley compliance
Qualifications:
- Bachelor’s degree in Accounting or Finance required
- CPA required
- 6+ years of commercial property accounting experience, knowledge of retail properties a plus
- 2-3 years of management experience
- Strong attention to detail and well organized
- Advanced MS Excel skills
- Proven analytical and problem-solving skills
- Demonstrated ability to manage multiple projects and competing priorities without compromising accuracy or quality
Please send your resume to tflanagan@potomacpartnersllc.com for immediate consideration.