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7 days
Not Specified
Not Specified
$26.48/hr - $44.67/hr (Estimated)
<p>Kforce's client, a long-standing Property Management company located in Newton, MA is in search of a Property Accountant. The company offers a collaborative and employee-centric culture. Our client has been in business for 30+ years and has holdings & projects in all classes of real estate.</p> <p>Responsibilities:</p> <ul> <li>The Property Accountant will be responsible for a portfolio of properties; Will be responsible for monthly preparation of financial statements including balance sheets, income statements, variance analyses, property/tenant statistics and general ledger reconciliations </li><li>Work on upper and lower tier entities within a structure and potentially pass at REIT testing </li><li>Responsible for preparing cash distribution worksheets that will determine if a distribution to the partners is warranted </li><li>Prepare annual budgets for properties and respond to any questions pertaining to year-end work with outside auditors </li><li>As a Property Accountant, you will work with Tenants and internal clients, responding to inquiries and questions regarding the assigned properties in the portfolio </li><li>Be required to prepare Common Area Maintenance (CAM) and Real Estate Tax tenant billings on a quarterly and/or monthly basis </li><li>Responsible for Percentage Rent billings for properties and preparing tenant water billbacks on a quarter and/or semi-annual basis for assigned properties* Bachelor's degree in Accounting </li><li>3 to 5+ years of general ledger/financial statement preparation in a similar environment </li><li>Knowledge of accounting software (Yardi, MRI, or comparable) </li><li>Ability to maintain both GAAP and Tax reporting for complex properties </li><li>Ability to understand all components of tenant leases </li><li>Ability to successfully manage cash for assigned complex properties </li><li>Strong Excel knowledge desirable </li></ul>
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