Senior Accountant Jobs

Job Summary:

We are seeking a highly motivated and detail-oriented individual to join our accounting team as a Senior Real Estate Accountant. This position will oversee various accounting functions, including financial reporting, budgeting and forecasting, and lease administration. The ideal candidate will have a strong background in commercial real estate accounting, possess exceptional analytical skills, and demonstrate a deep understanding of industry-specific regulations and practices. The ideal candidate should possess strong analytical skills, a solid understanding of basic accounting principles, and a passion for real estate.

Responsibilities:

Financial Reporting and Analysis:

• Perform variance analysis and provide insightful commentary on financial results, highlighting trends and potential areas of concern.
• Coordinate with internal teams to gather relevant financial data and ensure accurate reporting.
• Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements for assigned properties.

Budgeting and Forecasting:

• Provide recommendations for improving financial performance and optimizing property profitability.
• Monitor and analyze actual financial performance against budgets and forecasts, identifying and explaining significant variances.
• Collaborate with property management and leasing teams to develop annual budgets and quarterly forecasts for assigned properties.

Lease Administration:

• Oversee lease administration activities, including rent roll management, lease abstraction, and maintaining lease databases.
• Ensure timely and accurate billing of tenant rent and additional charges, monitor rent collection, and address any discrepancies or disputes.

Process Improvement and Internal Controls:

• Implement and maintain strong internal controls to safeguard assets, ensure accuracy of financial records, and comply with relevant regulations.
• Participate in system enhancements or implementations related to accounting and financial reporting.
• Identify areas for process improvement and efficiency gains within the accounting function.

Qualifications:

• Proficiency in financial reporting and analysis, including the ability to interpret complex financial data and provide meaningful insights.
• Solid understanding of budgeting and forecasting processes, with experience in property-level budgeting preferred.
• Minimum of 3 years of progressive accounting experience in the commercial real estate industry.
• Strong attention to detail, excellent analytical skills, and the ability to work independently and meet deadlines.
• Bachelor's degree in Accounting, Finance, or related field.
• Strong knowledge of commercial real estate accounting principles, practices, and regulations.
• Advanced proficiency in Microsoft Excel and accounting software.
• Familiarity with lease administration and experience working with lease management software.
• Effective communication and interpersonal skills, with the ability to collaborate with cross-functional teams and present financial information to stakeholders.

This senior position provides an excellent opportunity to expand on existing experience in real estate accounting and financial analysis. The successful candidate will have the chance to work with a dynamic team and contribute to the financial success of our commercial real estate portfolio.