Senior Property Accountant

Kforce Inc; New York (NY); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Health insurance

401(k) plan

Paid time off

HSA

FSA

Job summary

Kforce Inc in New York seeks a Senior Property Accountant to support non-recurring property transactions, review ledgers, post journal entries, and prepare monthly accruals and rent rolls.

The ideal candidate has a Bachelor's in Accounting, 3+ years in real estate accounting, experience with Yardi and Excel, and a solid grasp of US GAAP, budgeting and forecasting. This role requires strong organization and cross-functional collaboration.

Qualifications

• US GAAP knowledge preferred for real estate accounting
• Bachelor's degree in Accounting required
• 3+ years of public accounting and/or commercial real estate accounting experience advantageous
• Experience with Yardi and strong proficiency in Excel required
• Understanding of property management in relation to financial accounting, budgeting and forecasting

Responsibilities

• Provide accounting support for non-recurring transactions on assigned properties.
• Review and analyze general ledgers; post journal entries; calculate monthly accruals.
• Review and approve AP vouchers, payroll entries, AR adjustments, daily cash receipts, rent rolls.
• Prepare monthly and quarterly reporting packages.
• Prepare workpaper reconciliations for balance sheet and income statement.
• Prepare income statement variance analysis and balance sheet analysis.
• Prepare year-end expense reconciliations and tenant billings.
• Assess tenant leases from an accounting perspective.
• Monitor daily cash activity, bank reconciliations and intercompany reconciliations.
• Coordinate debt service payments, lender reserves and compliance reporting.

Skills

US GAAP knowledge

Education

Bachelor's degree in Accounting

Tools

Yardi

Microsoft Excel

Job description

Responsibilities

• The Senior Property Accountant will provide accounting support for non-recurring transactions related to assigned properties
• Review and analyze general ledgers for assigned property's, process journal entries, calculate monthly accruals, and update supporting balance sheet account schedules
• Review and approve A/P voucher, payroll data entries, A/R adjustments, daily cash receipts journal, rent rolls, etc.
• Prepare monthly and quarterly reporting packages
• As a Senior Property Accountant, you will review and prepare necessary workpaper reconciliations to balance sheet and income statement in a timely manner
• Prepare income statement variance analysis and balance sheet analysis
• Prepare year end expense reconciliations and tenant billings
• Prepare accounting assessments of tenant leases
• Monitor daily cash activity, bank reconciliations, and intercompany reconciliations
• The Senior Property Accountant will be coordinating debt service payments, including lender reserves, and supporting compliance reporting

Requirements

• Bachelor's degree in Accounting
• CPA certification preferred
• 3+ years of public accounting and/or commercial real estate accounting experience
• Experience in Yardi and a proficiency in Microsoft Excel
• Knowledge of US GAAP (specifically, real estate)
• Understanding of property management in relation to financial accounting, recoveries, budgeting, and forecasting
• Well-organized, self-starter, and able to handle multiple priorities

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.