Summary:

The Staff Accountant will be responsible for the timely, consistent and accurate preparation of the monthly financial statements for commercial and residential real estate entities, set up and maintenance of recovery pools for commercial properties. The ideal candidate will have general accounting experience and a broad base of knowledge related to accounting process and procedure to allow for expansion of responsibilities and professional growth. The candidate must be able to work independently, be well organized and achieve a high-level of accuracy in detail oriented tasks.

This position reports to the Controller:

• Prepare monthly financial package for review; this will include balance sheet, income statement, statement of cash flow, and rent rolls per property.
• Ensure accuracy of data in the tenant ledgers and coordinate with the property managers to evaluate all reports on a monthly basis.
• Prepare all journal entries and accruals for real estate taxes, insurance, prepaid and deferred expenses, depreciation & amortization, payroll.
• Perform monthly bank reconciliations.
• Maintain the recovery pools for existing commercial tenants and work with Management to setup;
• Work closely with AR Specialist on the annual Recovery Billings for commercial tenants;
• Maintain Real Estate Taxes and Insurance allocation schedules; work with AP to ensure proper submission of the Real Estate Tax invoice;
• Work closely with AR Specialist and Lease Administration to ensure accuracy of information in MRI;
• Provide support to other members of the accounting and property management teams as needed.
• Any other tasks deemed necessary by management.

Required Experience / Education – The requirements listed below are representative of the knowledge, skill and/or ability required for this position.

Education/Experience:

• BS degree in Accounting;
• 1-3 years of experience in accounting role preferred;
• Proficiency in the use of Microsoft Office and highly skilled in Excel, knowledge of accounting software, MRI & Nexus are a plus.

Competencies:

• Working Accounting Knowledge
• Communication and Collaboration Skills
• Ethical Conduct
• Attention to details

Preferred Characteristics:

• The successful candidate is personable, highly ethical and thrives in a collaborative environment.
• Exceptional analytical, problem solving and critical thinking skills
• Excellent communication & computer skills