Senior Property Accountant

Thalhimer; Glen Allen (VA); In loco; USD 70.000 - 100.000; Tempo pieno

Descrizione del lavoro

Thalhimer is seeking a skilled Real Estate Accountant to maintain monthly financial statements for commercial and multifamily properties. You will handle bank reconciliations, journal entries, and GAAP reporting while supporting owners and asset managers.

The role requires a BS in Accounting, CPA preferred, and five years’ experience in real estate accounting. MRI or Yardi experience is a plus, with opportunities to contribute to cash flow forecasting and year-end reporting.

Competenze

• Accounting experience including financial statement reporting, bank reconciliations and journal entries.
• GAAP reporting experience.
• Advanced Excel skills.
• Financial planning experience.
• Real estate experience.
• MRI or Yardi experience a plus.

Mansioni

• Prepare monthly financial statements and supporting schedules.
• Perform monthly bank reconciliations and resolve reconciling items.
• Reconcile mortgage escrow accounts.
• Record journal entries, including accruals, depreciation, and amortization.
• Prepare balance sheet reconciliations and close entries.
• Record transactions from closing statements and calculate distributions to owners.
• Monitor cash flow and accounts payable.
• Validate monthly management fee calculations.
• Assist owners with year-end audit and tax reporting.
• Develop and update short- and long-term cash forecasts.
• Assist with onboarding of new properties and record activity from prior manager.
• Monitor utility, mortgage, and other vendor activity.
• Monthly bank reconciliations for master accounts and resolution of reconciling items.
• Complete special projects and train accounting team members.

Conoscenze

GAAP reporting

Bank reconciliations

Journal entries

Financial statement reporting

Financial planning

Real estate experience

Collaboration

Client focus

Results oriented

Continuous improvement

Excellence

Formazione

BS in Accounting

CPA preferred

Strumenti

Excel

MRI

Yardi

Descrizione del lavoro

Reports To: Controller, Client Accounting

Primary Function: Maintain financial statements for commercial and multifamily real estate properties

Education: BS Degree in Accounting, CPA preferred. Minimum five years' work-related experience

Qualifications: Accounting experience including financial statement reporting, bank reconciliations and journal entries. GAAP reporting experience, advanced Excel skills, financial planning experience, and real estate experience are required. MRI or Yardi experience a plus.

Key Skills and Core Values:

• Collaboration with Thalhimer's accounting and property management teams
• Client Focus addressing questions and requests for information from owners and asset managers.
• Results Focused and ability to work independently.
• Continuous Improvement, make recommendations
• Excellence

Responsibilities:

1. Prepare monthly financial statements & supporting schedules
   • Practical understanding of accounting principles
   • Monthly bank reconciliations, research and resolve reconciling items
   • Mortgage escrow account reconciliations
   • Journal entries, including accruals, depreciation and amortization, etc.
   • Balance sheet reconciliations
   • Record transactions from a closing statement
   • Calculate distributions to owners
   • Monitor cash flow and accounts payable
   • Validate/calculate monthly management fee calculation
   • Assist owners with year-end audit/tax reporting
2. Develop and update short- and long-term cash forecasts to assess available liquidity and support owner distribution planning
3. Assist with the onboarding of new properties, record activity from prior manager, monitor utility, mortgage, and other sensitive vendor
4. Monthly bank reconciliations for master accounts and resolution of reconciling items
5. Special projects
6. Train and support accounting team members