Hybrid Property Accountant — GAAP & Real Estate Reporting

CRM Residential; Pleasantville (NJ); Hybrid; USD 55,000 - 60,000; Full time

Benefits offered by this job

Comprehensive Health Coverage

Retirement Savings with employer value

Bonus Potential

Paid Time Off (PTO)

Company Paid Holidays

Job summary

CRM Residential is seeking a Property Accountant to produce monthly GAAP financial statements for properties owned by investment funds or joint ventures. You will ensure accuracy and timeliness, with a Bachelor’s degree in accounting and at least 3 years of experience; real estate experience is preferred.

Under the direction of the Controller and CFO, you will manage monthly bank reconciliations, adjusting entries, depreciation, and financial statement analysis, with reporting to lenders and

Qualifications

• Bachelor’s degree in accounting and at least 3 years of relevant experience.
• Strong communication skills and good work ethic.
• Analytical thinking and attention to detail.
• Experience in the real estate field preferred.
• Knowledge of GAAP and monthly financial statements.

Responsibilities

• Prepare monthly bank reconciliations.
• Record monthly adjusting and accrual entries.
• Update fixed asset system for additions and disposals and record monthly depreciation/amortization.
• Monitor cash balances and recommend capital calls and distributions from/to investors.
• Prepare monthly financial statement analysis according to GAAP with variance reporting.
• Compile monthly financial statement package with required supporting documentation.
• Distribute financials to lenders/owners.
• Attend owner meetings, as necessary.
• Assist in the annual audit and tax return preparation.
• Assist in annual budget preparation.
• Record electronic payments.
• Additional duties as assigned by management.

Skills

Accounting

GAAP

Communication skills

Analytical thinking

Real estate experience

Education

Bachelor’s degree in accounting

Job description

CRM Residential is seeking a Property Accountant to produce monthly GAAP financial statements for properties owned by investment funds or joint ventures. You will ensure accuracy and timeliness, with a Bachelor’s degree in accounting and at least 3 years of experience; real estate experience is preferred.

Under the direction of the Controller and CFO, you will manage monthly bank reconciliations, adjusting entries, depreciation, and financial statement analysis, with reporting to lenders and