Property Accountant - Atlantic Group : Job Details

Job Overview – Property Accountant:Advance your career as a Property Accountant with our client in Newton, MA, managing a portfolio of properties and leading financial reporting processes in a dynamic real estate environment. This in-office role involves preparing financial statements, tenant billing, and supervising junior accountants, ensuring accuracy, compliance, and timely execution.Compensation: $90,000 - $95,000/year + bonusLocation: Newton, MASchedule: Monday to Friday (In-Office)Responsibilities as the Property Accountant:

• Financial Reporting: Prepare monthly financial statements, including balance sheets, income statements, variance analyses, and general ledger reconciliations for assigned properties.
• Complex Property Management: Manage GAAP and tax reporting for complex properties, including REIT testing, cash distribution worksheets, and tenant lease details.
• Tenant Billing: Process tenant billing for Common Area Maintenance, Real Estate Taxes, and Percentage Rent.
• Budgeting & Audits: Develop annual property budgets and address inquiries during year-end audits with external auditors.
• Communication: Serve as the primary contact for tenant and internal client inquiries related to assigned properties.
• Cash Management: Monitor cash flow for complex properties and ensure accurate distribution and reporting.

Qualifications for the Property Accountant:

• Education: Bachelor's degree in Accounting required.
• Experience: 3-5+ years in General Ledger and Financial Statement preparation required (preferably in real estate).
• Technical Skills: Proficiency in Excel required (familiarity with MRI, AvidXchange, and Anaplan is a strong advantage).
• Attributes: Detail-oriented, organized, and adept at meeting critical deadlines with urgency and precision.
• Software Acumen: Quick learner with the ability to master various financial and accounting software.

Application Notice:Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria,Atlantic Groupwill keep your resume on file for future opportunities and may contact you for further discussion.#J-18808-Ljbffr