Property Accountant - Stamford, United States - Creative Financial Staffing

    Creative Financial Staffing background
    Description

    CFS has partnered with a prominent real estate firm to identify a smart and eager Property Accountant to join their team ASAP The Property Accountant's focus is managing the financial reporting for a set of properties, ensuring accuracy and compliance with accounting standards alongside the Group Controller.

    Why should you work here?

    • World-class portfolio with commercial and residential properties
    • Portfolio consists of 100+ properties including high profile properties and international properties
    • Strong employee tenure - low turnover and opportunity to work with executives that have been in the industry for decades

    What you'll do as Property Accountant:

    • Preparation of the monthly, quarterly and year end closings, including supporting schedules, financial review, variance analysis and the prompt resolution of issues
    • Preparation of financial statements in accordance with the GAAP, Tax and Fair Value basis of accounting
    • Assistance with reporting to management, investors and lenders
    • Work closely with independent CPA Firm(s) for annual year-end audits
    • Cash flow monitoring and management
    • Preparation of annual property and fund level budgets
    • Review and approval of certain property expenses such as real estate taxes, insurance and capital costs
    • Billing and collection of the annual CAM/Tax reconciliations
    • Sales tax filings (as applicable)
    • Complete escalation calculations
    • Oversight of the lease administration, accounts receivable and accounts payable functions, to ensure compliance with the Company's policies and procedures
    • Ad hoc reporting as needed
    • With solid performance, there is opportunity for more responsibility and advancement.

    What we are looking for in a Property Accountant:

    • 3+ years of experience with accounting for commercial real estate
    • Bachelors degree in accounting or a related field
    • Solid understanding of Financial Statements and of GAAP, Fair Value and Tax basis of accounting
    • Experience with Real Estate Industry Software (Yardi, MRI)

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