Property Accountant

Bell & Associates, Inc.; Boston (MA); Hybrid; USD 80,000 - 95,000; Full time

Benefits offered by this job

Hybrid schedule

Free lunch Fridays

2 Fridays monthly early dismissal

Job summary

Bell & Associates, Inc. seeks a Property Accountant to support 3 office properties in the Boston Seaport area. Hybrid schedule with MWF in office and lunch Fridays, plus opportunities for additional benefits.

You will manage GL and financial reporting, tenant billing, CAM and RE tax calculations, and support external auditors. Requirements include a BS in Accounting/Finance or related field, with 2+ years in a commercial office portfolio.

Qualifications

• BS degree in Accounting, Finance or related field (a PLUS)
• Experience may substitute for degree
• 2+ years of experience with a commercial office portfolio

Responsibilities

• Meet all client and internal reporting deadlines
• Analyze and review general ledger, financial statements and variances
• Prepare reporting package for review
• Prepare budgets and forecasts
• Prepare bank reconciliations
• Review, set up, and maintain property tenants on MRI and Yardi
• Maintain knowledge of tenant leases including rents, options and credits
• Prepare distributions and maintain priority return schedules
• Prepare annual workpapers and coordinate with external auditors
• Prepare tenant CAM and RE tax calculations and billings
• Approve weekly check runs based on cash balance and initiate cash transfers
• Enter and apply cash receipts
• Monthly tenant billings
• Approve monthly vouchers for debt service payments
• Prepare capital draws for lender approval

Skills

Property accounting

Financial reporting

Budgeting & forecasting

Education

BS in Accounting/Finance

Tools

MRI

Yardi

Job description

Boston (Seaport), MA - Hybrid (MWF in office, free lunch fridays)

2 Fridays monthly early dismissal

$80,000-95,000 + Bonus

Commercial real estate company is seeking a skilled Property Accountant to join their team, supporting 3 office properties.

Responsibilities

• Meet all client and internal reporting deadlines
• Analyze and review general ledger, financial statements, and variances
• Prepare reporting package for review
• Prepare budgets and forecasts
• Prepare bank reconciliations
• Review, set up, and maintain property tenants on [MRI / Yardi, confirm]
• Maintain knowledge of tenant leases (rent increases, options, special clauses, letters of credit)
• Prepare distributions and maintain priority return schedules
• Prepare annual workpapers and work with external auditors
• Prepare tenant CAM and RE tax calculations and billings
• Approve weekly check runs based on cash balance and initiate cash transfers
• Enter and apply cash receipts
• Monthly tenant billings
• Approve monthly vouchers for debt service payments
• Prepare capital draws for lender approval

Requirements:

• BS degree in Accounting, Finance or other related disciplinaries a PLUS
• Experience is acceptable in lieu of degree
• 2+ years experience working on a commercial office portfolio