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In this role, you will play a pivotal part in managing financial operations for various properties, ensuring accuracy in reporting and compliance with lease agreements. The ideal candidate will excel in budgeting, real estate accounting, and financial reporting.
Job Responsibility:
Collaborate with property management teams to prepare and consolidate annual budgets and forecasts, ensuring alignment with operating expense inputs
Monitor expense timing and assess the financial impact of capital projects, providing thorough variance analysis to support performance goals
Prepare reconciliations for property taxes, insurance, and tenant recoveries while reviewing lease compliance and expense recoverability
Address tenant disputes by compiling detailed backup documentation and supporting property managers in resolution efforts
Verify lease abstracts and oversee billing setups, ensuring accurate application of recovery structures, escalations, and lease terms
Confirm rent escalations for state leases, maintaining tracking schedules and ensuring compliance with government lease requirements
Assist with month-end and year-end financial close processes, including preparation of journal entries, accruals, and property-level financial statements
Support internal and external audits by maintaining reconciliation workpapers and providing necessary documentation
Contribute to system improvements and reporting enhancements to streamline accounting processes
Requirements:
Bachelor's degree in accounting or related field required
Strong knowledge of property accounting principles and practices
Proficiency in accounting software such as Yardi and MRI
Experience with month-end close processes and accrual accounting
Familiarity with general ledger management and financial statement preparation
What we offer:
medical, vision, dental, and life and disability insurance