Senior Associate, Property Accounting

Ares Management; Denver (CO); On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

Comprehensive Medical/Rx

Dental and Vision plans

401(k) with company match

Flexible Spending Accounts

Healthcare Savings Accounts with公司贡献

Life Insurance

Disability insurance

Employee Assistance Program

Commuter Benefits

Job summary

Ares Management is seeking an experienced Property Accountant to manage the accounting books for a diverse property portfolio in Denver. You will handle tenant billing, collections, accounts payable, and the monthly close, while ensuring accuracy and compliance with policies.

You will review CAM reconciliations, generate portfolio analytics, and mentor junior accountants, collaborating with Asset Management and Finance teams to prepare budgets and reports.

Qualifications

• Bachelor's degree in Accounting or Finance with strong academic record.
• 3+ years of relevant high-volume accounting experience preferred.
• Experience with Yardi and Avid preferred; strong Excel skills mandatory.
• Detail-oriented with analytical and communication abilities.

Responsibilities

• Maintain and oversee accounting books for a property portfolio.
• Record tenant billing, collections, accounts payable, and monthly close.
• Review CAM reconciliations and prepare portfolio analytics.
• Oversee property accountants and mentor staff.
• Prepare annual operating budgets and coordinate with teams.
• Support external reporting and compliance with loan agreements.

Skills

Accounting proficiency

Financial analysis

Communication skills

Education

Bachelor's degree in Accounting or Finance

Tools

Yardi

Avid

Excel

Job description

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.

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.

Compensation

$90,000 - $110,000

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.

The firm also offers robust Benefits offerings.

Benefits

• 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)
• Commuter Benefits plan for parking and transit

• 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 leavereproductive and adoption assistance
• emergency backup care
• matching gift program
• education sponsorship program
• and much more

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.