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Senior Property Accountant

Company:
Cordia Resources by Cherry Bekaert
Location:
Washington, DC
Posted:
April 23, 2024
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Description:

Cordia Resources is currently seeking a highly skilled and experienced Senior Property Accountant. As a Senior Property Accountant, you will be responsible for overseeing the financial aspects of our property portfolio, ensuring accuracy, compliance, and efficiency in all accounting processes.

Responsibilities:

Financial Reporting: Prepare and analyze monthly, quarterly, and annual financial statements for assigned properties, ensuring accuracy and compliance with accounting standards.

Budgeting and Forecasting: Collaborate with property managers to develop property budgets and forecasts. Monitor financial performance against budgets and provide variance analysis reports.

Accounts Receivable/Payable: Manage accounts receivable and accounts payable processes for assigned properties, including rent invoicing, collections, vendor payments, and reconciliation.

General Ledger Maintenance: Maintain and reconcile general ledger accounts, ensuring accuracy and completeness of financial data.

Tax and Audit Support: Assist in the preparation of schedules and documentation for tax filings and audits. Work with external auditors and tax consultants as needed.

Lease Administration: Review lease agreements and ensure accurate setup of lease terms in the accounting system. Calculate and process tenant rent escalations and other lease-related charges.

Compliance: Stay up-to-date with accounting regulations and standards. Ensure compliance with GAAP and other relevant accounting guidelines. Qualifications:

Bachelor's degree in Accounting, Finance, or related field.

Minimum of 7 of experience in property accounting or real estate finance.

Proficiency in real estate accounting software (Yardi, MRI, etc.).

Strong knowledge of GAAP and lease accounting standards.

Excellent analytical and problem-solving skills.

Detail-oriented with a high level of accuracy in work.

Strong communication and interpersonal skills.

Ability to work independently and collaboratively in a team environment.

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