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Form of workJob Summary: The Senior Project Accountant is responsible for the timely and accurate financial reporting of assigned operating properties. Responsibilities include month-end close for assigned business units, reconciliation of accounts on a monthly basis, monthly calculation of operating expenses by tenant, reviewing accounts payable for accuracy, and assisting property management and accounting department with financial projects as needed.
Property Accounting Responsibilities:
- Accurately record income, expenses and changes in assets and liabilities on a monthly basis
- Update projected cash flow schedules throughout the year
- Record Company's share of partnership income on a monthly basis, and ensure that Equity Pick-Up Business Units are accurate
- Ensure inter-company balances are reconciled and paid in a timely manner
- Assist Assistant Controller, Retail Division, Asset and Property Managers as needed (especially with variance reporting and A/R issues)
- Assist property manager in the annual budget process with Asset and Property Managers
- Assist property management with quarterly forecasts for assigned properties
- Review and calculate monthly CAM/TAX/INS calculations, ensuring compliance with lease agreements
- Reconcile all balance sheet accounts and applicable income statement accounts to ensure accuracy
- Promptly record reconciling items and prepare schedules supporting each account
- Calculate depreciation and amortization
- Review monthly bank statement reconciliations
- Promptly record any reconciling items
- Review annual letters sent to tenants concerning the upcoming year base rental and estimated CAM/TAX/INS amounts. Ensure correct amounts are accurately reflected in the accounts receivable system
- Ensure that leasing commissions, tenant allowances, taxes, insurance, etc. are paid in a timely manner
- Prepare monthly draw for the construction loan
Minimum Qualifications and Experience:- Must demonstrate initiative of taking on projects that benefits the accounting department or other customers.
- Must demonstrate leadership among peers.
- Must be organized, concise, detailed, flexible, and efficient
- Must have excellent communication, and interpersonal skills
- Must have good listening skills, and be service-oriented
- Must be able to work outside the core business hours when needed
- 4+ years of corporate accounting experience and a bachelors degree in Accounting required
- Real Estate experience required, retail real estate experience preferred
- JD Edwards and MRI experience preferred
