Senior Accountant

Job Description

Senior Accountant

Our client is urgently seeking a seasoned Senior Accountant with specialized experience in property management to join their dynamic team.

The ideal candidate will have a strong background in accounting principles, coupled with extensive knowledge and understanding of property management operations.

This role offers the opportunity to take on a leadership position within our finance department, contributing to the strategic financial management.

Responsibilities :

Financial Reporting : Prepare and analyze financial statements for multiple properties, ensuring accuracy and compliance with GAAP (Generally Accepted Accounting Principles).

Generate monthly, quarterly, and annual financial reports for property owners, stakeholders, and management.

Budgeting and Forecasting : Collaborate with property managers to develop and monitor annual budgets for operating expenses, capital expenditures, and reserves.

Provide insightful analysis and recommendations to optimize financial performance and achieve budgetary goals.

Cash Management : Oversee cash flow forecasting and management for property operations, ensuring adequate liquidity for day-to-day activities and capital projects.

Monitor bank accounts, reconcile statements, and manage banking relationships.

Accounting Operations : Supervise and mentor accounting staff involved in property accounting functions, including accounts payable, accounts receivable, and general ledger maintenance.

Implement and maintain accounting policies and procedures specific to property management operations.

Lease Administration : Review lease agreements and ensure accurate recording of lease transactions, including rent payments, escalations, and incentives.

Coordinate with leasing teams to ensure compliance with lease terms and conditions.

Tax Compliance : Assist in the preparation of property tax returns, sales tax filings, and other regulatory compliance requirements.

Work closely with external tax advisors and auditors to support tax planning and audit activities.

Risk Management : Identify and mitigate financial risks associated with property operations, including insurance coverage, compliance with regulatory requirements, and internal controls.

Implement strategies to safeguard assets and minimize exposure to financial losses.

Qualifications :

• Bachelor's degree in Accounting, Finance, or related field. CPA designation preferred.
• Minimum of 5 years of progressive accounting experience, with at least 3 years in property management or real estate accounting preferred, but not required.
• Strong understanding of property management principles, including lease accounting, CAM (Common Area Maintenance) reconciliation, and property valuation.
• Proficiency in accounting software (, Yardi, MRI) and Microsoft Excel.
• Excellent analytical skills with the ability to interpret complex financial data and provide strategic insights.
• Effective communication and interpersonal skills, with the ability to collaborate cross-functionally and communicate financial information to non-financial stakeholders.
• Detail-oriented with a commitment to accuracy and compliance.
• Prior experience in supervisory or leadership roles preferred.

If you are an experienced Senior Accountant, we encourage you to apply!

619 Recruiting is an equal opportunity employer.