Senior Property Accountant

Ascend Talent Solutions; Tukwila (WA); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

PTO

Medical

Dental

Vision

401-k match

Job summary

Ascend Talent Solutions seeks a Senior Property Accountant in Tukwila, WA. This role involves financial management and reporting for properties, ensuring accurate financial reporting, and close collaboration with the management team. Responsibilities include preparing financial reports, managing budgets, and overseeing accounts payable and receivable. Candidates should have 5+ years of accounting experience in commercial real estate and a Bachelor's degree in Accounting. The position offers benefits such as PTO, medical, dental, and 401(k) matching.

Qualifications

• 5+ years of previous accounting experience in commercial real estate.
• California Real Estate License and RPA or CPM designations.
• Extensive knowledge of accounts payables, receivables, budgets, and expenditure control.

Responsibilities

• Preparing monthly financial and accounting reports.
• Overseeing the preparation of the annual budget.
• Managing the Accounts Payable processes.

Skills

Accounting experience in commercial real estate

Proficient in Microsoft Excel

Knowledge of GAAP and FASB

Problem solving skills

Education

Bachelor's degree in Accounting

Tools

Yardi

MRI

Timberline

Job description

Our client is one of the largest Commercial Real Estate and Property Management firms developing its commercial portfolio in Seattle focused on converting and increasing the value of well-located office and industrial properties needs a strong, financial minded Senior Property Accountant for a multi-tenant property with active facilities and space management.

Job Description

With excellent analytical skills, the primary responsibility of the Senior Property Accountant will be the financial management and reporting for the property working closely with the property management team and building ownership. The Senior Property Accountant will be responsible for ensuring that all financial reporting is accurate and timely and provide guidance to the management team on all accounting and finance related items. With excellent accounting and management skills, the Senior Property Accountant will work with team members to ensure both revenue and expenditures are in line with the budget on a monthly basis. Additional responsibilities for the Senior Property Accountant include the following:

Responsibilities Include

• Preparing accurate and complete monthly financial and accounting reports.
• Overseeing and finalizing the preparation of the annual budget, monthly forecasts and re-projections.
• Working with Property Manager to prepare detailed variance explanations and preparation of annual business plan.
• Preparing CAM and tax reconciliations and other related period end tenant and vendor billings.
• Responsible for cash management maintenance and reporting.
• Managing the Accounts Payable processes including coding and entering of invoices into the accounting system, verifying and ensuring accuracy of data and corresponding backup.
• Managing the Accounts Receivable processes including aging report, collections, and accurate rent data within in the financial system.
• Verifying, allocating, and overseeing the posting of transactions to subsidiary accounts and preparing journal entries for accruals.
• Reviewing and approving documentation for expense reports and budget variances and ensuring appropriate guidelines and approvals are followed.
• Preparing and compiling reports and analysis to show statistics on revenues and expenditures, accounts payable and receivable, profit and loss, and other financial related items.

Position Requirements

• 5+ years of previous accounting experience in commercial real estate with increasing responsibilities.
• California Real Estate License and RPA or CPM designations
• Proficient in general accounting and financing principles and in GAAP and FASB.
• Extensive knowledge of account payables, receivables, budgets, and expenditure control is also required.
• Ability to create procedural manuals and train and manage AP and AR Specialists.
• Highly proficient in Microsoft Excel, and Yardi, MRI, Timberline, or other commercial real estate software programs.
• Exceptional problem solving and analytical skills.

Education

• Bachelor's degree in Accounting and relevant work experience.
• PTO, PST, Medical, Dental, Vision, 401-k match