Already a Member? Sign In

Property Accountant Jobs

Mount Vernon, New York
<p>Major Real Estate Firm is currently seeking a Property Accountant to be responsible for the accounting and reporting of a midtown Manhattan portfolio of commercial buildings.</p><p>Responsibilities:</p><p></p> Analyze commercial and retail leases. Create/Prepare CAM, Real Estate Tax, Insurance, Porters Wage Billings and Reconciliations Set-up and maintain reserves for tenant bad debt. Utilize Payscan to set up invoices for approval. General Ledger/Journal Entry input, reconciliation to sub-ledgers, month-end adjusting entries and accruals Set up and maintain schedules including depreciation, amortization, tenant improvements, escrows, accruals and pre-paid schedules. Set up and maintain Straight Line Rent schedules. Prepare bank reconciliations for all building bank accounts and reserve accounts. Monthly and Qtrly P&L variance analysis (Actual vs Budget). Qtrly P&L and Bal Sheet variance analysis (Actual current period vs Actual comparative period) Analysis and reconciliation of the accounts. Year-end adjusting entries. Prepare monthly/quarterly financial reporting and electronic reporting for lenders and JV Partners. Prepare annual financial budget for property Track payments of all capital projects. Track monthly electric expense for the building and tenants. Prepare draw request information for escrow/reserve drawdown. Update all capital assets and depreciation in FAS-ENCORE. Experience with property loans, debt compliance, major leases, management agreements, etc. Review and account for construction activity and capital improvements. Prepare Sales Tax Returns. Prepare expense and income accruals on a monthly basis. Maintain property workpapers for all balance sheet accounts on a monthly basis. Prepare audit workpapers including analysis of all general ledger accounts.<p></p><p>EXPERIENCE</p><p></p><p>Bachelor Degree in Accounting and three to five years experience in real estate accounting with a Commercial real estate firm. Proficiency in Excel, Word and General Ledger/Property Management Software Program a must.</p><p></p><p>Salary is up to 95K</p>
This job is no longer active. You can search for similar jobs here