Senior Accountant

aresmgmt; Denver (CO); On-site; USD 85,000 - 100,000; Full time

Benefits offered by this job

Comprehensive Medical/Rx

Dental and Vision plans

401(k) program with company match

Flexible Savings Accounts (FSA)

HSA with company contribution

Life Insurance

Long-Term Disability

Job summary

Ares Management in Denver seeks a Senior Accountant, Property to join our Property Accounting Team and handle day-to-day accounting for a diverse property portfolio. The role requires a bachelor's degree in Accounting or Finance, 3+ years in a high-volume environment, and proficiency with Yardi and Avid, Excel and strong communication.

Base salary ranges from $85,000 to $100,000 with comprehensive benefits.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• 3+ years of relevant experience in a high-volume environment.
• Proficiency with Yardi and Avid preferred.
• Strong analytical and communication skills.

Responsibilities

• Maintain and oversee the accounting books and records for a property portfolio.
• Manage tenant billing, collections, accounts payable and monthly closing.
• Review CAM reconciliations and prepare portfolio analytics.
• Analyze lease agreements for billing accuracy and compliance.
• Oversee and manage one or more Property Accountants. Mentor staff.
• Review monthly reports and analyze variances against budgets.
• Communicate monthly results to Asset Management and Finance.
• Assist with annual operating budgets and external reporting.
• Support loan compliance and construction draw processes.

Skills

Excel

Communication

Multi-tasking

Education

Bachelor's degree in Accounting or Finance

Tools

Yardi

Avid

Job description

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

The Senior Accountant, Property will be an integral part of our Property Accounting Team and responsible for the day-to-day property accounting functions in addition to overseeing and mentoring junior team members. The ideal candidate will be enthusiastic, detail-oriented, comfortable with a team-oriented, high volume environment, able to multi-task, and able to think critically to ensure that key processes are effectively and efficiently completed.

Essential Duties

• Maintain and oversee the accounting books and records of a property portfolio in accordance with policies and procedures.
• Manage and accurately record tenant billing and collections, accounts payable and the monthly closing process.
• Review and prepare yearly CAM reconciliations.
• Prepare monthly and quarterly portfolio wide analytics.
• Analyze each property’s respective lease agreements for appropriate billing and compliance.
• Oversee and manage one or more Property Accountants. Support and mentor Property Accountants to master role and responsibilities.
• Review monthly reports for each property. Includes analyzing monthly fluctuations and budget-to-actual variances and reconciling account balances to underlying supporting documentation and business activity.
• Communicate monthly results to Asset Management and Finance Departments.
• Prepare and review annual operating budgets for property portfolio. Includes coordination with Asset Management and Finance Departments and each property’s respective property management team for approval of operating budgets.
• Assist external reporting team with the preparation and review of reports filed with the Securities and Exchange Commission and with the Internal Revenue Service. Requires coordination with auditors and tax.
• Analyze loan agreements and coordinate with Finance Department to manage compliance with loan agreements.
• Assist with construction management which can include, monitoring jobs for completion, approving invoices and job set-up, job close-out and working with the development team on draw requests.

Required Knowledge, Skills & Abilities

• This position requires a bachelor’s degree in Accounting or Finance demonstrating a strong academic record during undergraduate studies.
• Knowledge of accounting to record accounting entries, analyze and interpret information, and make deductions from varying facts and circumstances required.
• 3+ years of relevant experience in a high-volume environment preferred.
• Experience with Yardi and Avid preferred.
• A motivated, detail-oriented individual with strong analytical and communication skills is required.
• The ability to multi-task in a highly dynamic environment and meet challenging deadlines is critical.
• Requires the ability to self-manage, independently exercise professional and technical judgement, problem solve and take initiative.
• An aptitude for Microsoft Office applications, including strong Excel skills required.

Reporting Relationships

Chief Accounting Officer

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

$85,000 - $100,000

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.