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Accounting Manager - Boston, United States - RealREPP LLC
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 TeamsReview 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.
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