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    Accounting Manager - Boston, United States - RealREPP LLC

    RealREPP LLC
    RealREPP LLC Boston, United States

    1 week ago

    Default job background
    Description
    RealREPP is currently teaming with a commercial real estate owner/developer to assist them in recruiting for an Accounting Manager.

    Accounting Managers work hand-in-hand with the 3rd party property teams who manage day-to-day accounting operations using our accounting platform (MRI).

    Accounting Managers work closely with other members of Accounting, and also with the Acquisitions, Asset Management, Tax, and Finance teams.

    RequirementsWork closely and oversee 3rd Party Property Teams
    Review 3rd party property accounting for consistency, accuracy and proper accounting
    financial reports
    annual budgets and quarterly budget re-projections
    tax basis amortization and depreciation calculations
    Provide support to 3rd party MRI users
    Review and approval of operating and tax escalations
    quarterly and annual reconciliations
    cost pools, expense caps, exclusions, gross ups and base year calculations
    Manage Loan Compliance
    Mortgage payments
    Lender reporting including debt service coverage ratio calculations
    Loan and escrow draws
    Provide comprehensive audit support
    Prepare audited financial statements with footnotes (FV and Tax basis), as required
    Prepare ad-hoc financial analysis and reporting as needed
    Joint Venture Accounting
    Work with Acquisitions team to review diligence materials
    Review settlement statements including, prorations and buyer/seller credits
    Work with Disposition team to respond to Buyer diligence requests

    Qualifications

    5 years property accounting experience, with the majority in commercial real estate
    Bachelor's Degree in Accounting/Business
    2+ years supervisory experience.
    Experience with Funds and/or Joint Ventures
    Experience with fair value GAAP, tax accounting. IFRS a plus
    Experience with TRS (Taxable REIT Subsidiaries) a plus
    Proficient with tenant recoveries (CAM)
    Understanding of waterfall calculations
    Experience in year-end audit including preparation of financial statements and footnotes
    Experience with loan compliance including loan-draw and escrow-draw packages, covenant calculations
    Ability to work independently and communicate effectively
    Ability to work in a fast-paced environment
    Detail oriented and ability to multitask and prioritize
    Proficiency with financial software systems applications and proficiency with Microsoft Windows software programs, MRI experience a plus

    If you are interested in applying for this position, please send your resume to or register and apply online at

    We are an equal opportunity employer and value diversity at our company.

    We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

    *We are an equal opportunity employer and value diversity at our company.

    We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

    #J-18808-Ljbffr

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