Property Accounting Manager

Kforce Inc; Burlington (MA); On-site; USD 95,000 - 140,000; Full time

Benefits offered by this job

Medical/dental/vision insurance

401(k)

HSA/FSA

Job summary

Kforce has a client seeking a Property Accounting Manager to oversee day-to-day property accounting in Burlington, MA. The role reports to the Senior Vice President of Accounting & Finance and manages external and internal reporting for the property portfolio.

Responsibilities include reviewing leases, GAAP/IFRS compliance, quarterly closes, and audit coordination with tenants and lenders. Ideal candidates have 8+ years CRE accounting and MRI or Yardi proficiency with supervisory experience.

Qualifications

• Bachelor's degree in Business Administration or Accounting; CPA a plus.
• 8+ years of comprehensive accounting experience; CRE experience preferred.
• Proficiency in MRI or Yardi; strong organizational and supervisory skills.

Responsibilities

• Provide oversight to property accounting per company policies.
• Review lease structures and ownership structures for GAAP/IFRS compliance.
• Present quarterly revenue, NOI and depreciation variance analysis to executives.
• Review financial statements for external parties (JV, lenders).
• Coordinate acquisitions, dispositions and new developments transitions.
• Ensure all accounting complies with management and mortgage agreements.
• Oversee tenant audits from inquiry to conclusion with regional teams.
• Perform other duties as assigned.

Skills

Organizational skills

Self-starter

Supervisory experience

Attention to detail

Education

Bachelor's degree in Business Administration or Accounting

CPA

Tools

MRI

Yardi

Job description

Responsibilities

Kforce has a client that is seeking a Property Accounting Manager in Burlington, MA. Summary: We are seeking a results-driven Property Accounting Manager to join our company. The position reports to the Senior Vice President of Accounting & Finance and oversees the day-to-day property accounting at Company. As a Property Accounting Manager, you will be responsible for all aspects of the accounting assigned portfolio of properties. You will oversee, monitor and facilitate all financial matters including internal and external financial reporting and quarterly close deliverables. Essential Functions:

• Provide oversight and direction to property accounting area in accordance with the company's policies and procedures
• Review of lease structures, transactions and ownership structures adhere to internal policies and procedures and comply with reporting requirements
• Review and present quarterly revenue, NOI and depreciation variance analysis to executive and senior management
• Final review and approval of quarterly and annual financial statements and other reporting requirements for external parties (joint venture, lender, third party)
• Review of all leasing transactions to ensure adherence to internal policies and procedures and compliance with GAAP and or IFRS requirements
• Review of tenant operating and tax escalations throughout annual cycle (monthly estimates, quarterly true ups and annual true-up)
• Responsible for, and coordinate the transition of all acquisition, dispositions and new developments
• Ensure all accounting complies with all management, development, mortgage and other agreements
• Manage all tenant audits from initial inquiry to conclusion including review of any correspondence with the tenants and the Regional support team (Property Management, Legal, and Leasing)
• Perform other duties as assigned

Requirements

• Bachelor's degree in Business Administration or Accounting; CPA a plus
• Ideally 8+ years of comprehensive accounting experience required; Previous accounting experience in commercial real estate settings or related industries preferred
• Proficiency in MRI or Yardi
• Proven organizational skills
• Self-starter capable of finding solutions with minimal supervision
• Progressively responsible supervisory experience preferred

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.

We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.

Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.

This job is not eligible for bonuses, incentives or commissions.

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.