Job Description

Job Description

Job Description

We are seeking a Property Accountant to join our team based in Wakefield, Massachusetts. In this role, you will be in charge of managing property level reporting for a number of individual assets within a larger industrial fund or portfolio. You will work under the supervision of the Portfolio Accountants and the Accounting Manager across all accounting functions necessary to support our growth.

Responsibilities:

• Accurately process month-end close procedures for a portfolio of properties

• Contribute to the preparation of monthly financial packages for distribution to property managers and asset managers

• Conduct monthly reconciliations for all balance sheet accounts for the assigned portfolio

• Engage in the preparation of quarterly and annual CAM reconciliations

• Monitor accounts receivables and manage cash receipts

• Administer and record cash transfers, including wires and check processing

• Oversee lender funding for construction requisitions and assist with debt compliance monitoring

• Regularly report to lenders

• Collaborate with asset managers and property managers to review annual budgets and quarterly reforecast for the assigned portfolio

• Aid the accounting team with various tasks as assigned

• Assist with the preparation for annual audits for various entities

• Conduct other ad hoc duties as needed.

• Applicants must have a minimum of one year of experience in a similar role.

• Proficiency in Yardi, Yardi Property Management, and Yardi Software is mandatory.

• Relevant experience in Commercial Real Estate is necessary.

• Candidates should have a strong background in Property Accounting.

• It is essential for applicants to have a solid understanding of accounting principles, specifically as they pertain to property management.

• The ability to work independently and manage multiple projects simultaneously is expected.

• Excellent communication and interpersonal skills are required.

• Applicants should be detail-oriented with strong analytical and problem-solving skills.

• Proficiency in Microsoft Office Suite, particularly Excel, is a must.

• A Bachelor's degree in Accounting, Finance, or a related field is preferred.

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