Senior Property Accountant

Cherry Bekaert Recruiting & Staffing Services; Tysons (VA); Hybrid; USD 70,000 - 97,000; Full time

Job summary

Cherry Bekaert Recruiting & Staffing Services has partnered with a prominent real estate firm in the Washington, D.C. metro area to hire a Senior Staff Accountant. This hybrid role supports monthly close, bank reconciliations, and lender reports for a growing portfolio of properties.

You will work with Project Managers, prepare complex distribution schedules, and utilize MRI and Yardi to calculate management fees, with deadlines on the 10th, 15th, 20th, and 25th each month.

Qualifications

• Bachelor's Degree in Accounting or Finance.
• Ability to prioritize, multi-task and work in a fast-paced environment and meet tight deadlines.
• Commercial real estate background is a plus, as well as experience working with MRI, Yardi and NEXUS.
• Must be a team player and flexible with competing priorities.

Responsibilities

• Prepare monthly financial packages for owners; deliverables are due 10th, 15th, 20th, and 25th.
• Analyze General Ledger activities for accuracy and determine if reclassification is needed.
• Work closely with Project Managers regarding monthly and quarterly deliverables and journal entries reclassification.
• Prepare monthly and quarterly lender compliance reports.
• Prepare monthly and quarterly complex upper tier distribution schedules and portfolio distribution schedules.
• Prepare and maintain Excel spreadsheet workbooks for the assigned portfolios.
• Perform weekly and monthly bank reconciliation for each property in the assigned portfolio for weekly cash management reports and month-end close.
• Perform monthly management fees calculation in MRI and Yardi Accounting System as well as Excel Spreadsheet calculation.

Skills

Attention to detail

Time management

Team player

Education

Bachelor's Degree in Accounting or Finance

Tools

MRI

Yardi

NEXUS

Job description

Work Model: Hybrid

Our client, a renowned real estate leader with over 35 years in the Washington D.C. Metro area and managing 350+ properties focused on vibrant community spaces. Expanding from 15 to 100+ employees in the last decade, the company excels in property management, development, and diverse investment strategies including JV and bank/PE partnerships. They’re seeking a Senior Staff Accountant where you'll be integral in reshaping urban retail landscapes, offering a prime chance to advance your career in the dynamic real estate sector.

Responsibilities

• Prepare monthly financial packages for owners; deliverables are due 10th, 15th, 20th, and 25th
• Analyze General Ledger activities for accuracy and determine if reclassification is needed
• Work closely with Project Managers regarding monthly and quarterly deliverables and journal entries reclassification
• Prepare monthly and quarterly lender compliance reports
• Prepare monthly and quarterly complex upper tier distribution schedules and portfolio distribution schedules
• Prepare and maintain Excel spreadsheet workbooks for the assigned portfolios
• Perform weekly and monthly bank reconciliation for each property in the assigned portfolio for weekly cash management reports and month-end close
• Perform monthly management fees calculation in MRI and Yardi Accounting System as well as Excel Spreadsheet calculation

Qualifications

• Bachelor's Degree in Accounting or Finance
• Ability to prioritize, multi-task and work in a fast-paced environment and meet tight deadlines
• Commercial real estate background is a plus, as well as experience working with MRI, Yardi and NEXUS
• Must be a team player and flexible with competing priorities