Assistant Property Manager

Newmark • Boston, MA

2d

About The Position

Manage the financial operations of 53 State Street a 1,236,617 SF Class-A office
tower located in the financial district of downtown Boston.

Essential Job Duties:

1. Review income statements, consolidated statements, general ledger and other
accounting reports to ensure proper classification and recording. Make
corrections if necessary.
2. Review and approve weekly accounts payables utilizing AVID software
3. Assist Senior Portfolio Manager with monthly variance reporting
4. Review, and prepare monthly financial reporting involving accruals,
variance report, executive summary, and thorough review of monthly
reporting package utilizing MRI software 
5. Review, prepare and distribute monthly rent statements utilizing MRI
software 
6. Review accounting receivable aging for delinquencies
7. Review, and manage current receivables utilizing MRI software 
8. Prepare and audit quarterly operating reforecasts utilizing Kardin
software 
9. Prepare and audit annual operating budgets utilizing Kardin software
10. Prepare annual CAM/RET reconciliations, assembling the necessary detail and
backup to provide the tenant.
11. Review, edit, and bill, all overtime HVAC, condenser water, and utilities
to the tenants
12. Work with onsite Director of Operations in work order and tenant billings
as needed
13. Prepare monthly accruals of expenses
14. Prepare end of year reclassifications of expenses
15. Track and manage percentage rent schedules for applicable tenants
16. Manage on-site Class-A amenities involving self-serve fitness facilities
and conference centers

Requirements

• Bachelors Degree.
• Minimum 3 years of accounting experience, preferably in commercial real estate management.
• Ability to work well with a variety of different individuals both inside and outside of the company.

Nice To Haves

• MRI and Kardin experience preferred.

Responsibilities

• Review income statements, consolidated statements, general ledger and other accounting reports to ensure proper classification and recording. Make corrections if necessary.
• Review and approve weekly accounts payables utilizing AVID software
• Assist Senior Portfolio Manager with monthly variance reporting
• Review, and prepare monthly financial reporting involving accruals, variance report, executive summary, and thorough review of monthly reporting package utilizing MRI software
• Review, prepare and distribute monthly rent statements utilizing MRI software
• Review accounting receivable aging for delinquencies
• Review, and manage current receivables utilizing MRI software
• Prepare and audit quarterly operating reforecasts utilizing Kardin software
• Prepare and audit annual operating budgets utilizing Kardin software
• Prepare annual CAM/RET reconciliations, assembling the necessary detail and backup to provide the tenant.
• Review, edit, and bill, all overtime HVAC, condenser water, and utilities to the tenants
• Work with onsite Director of Operations in work order and tenant billings as needed
• Prepare monthly accruals of expenses
• Prepare end of year reclassifications of expenses
• Track and manage percentage rent schedules for applicable tenants
• Manage on-site Class-A amenities involving self-serve fitness facilities and conference centers
• Communicate with the client to coordinate work and achieve objectives.
• Attendance of all scheduled Property Management staff meetings
• Complete various accounting projects when needed
• Build and maintain tenant and client relationships

Benefits

• Industry leading Parental Leave Policy (up to 16 weeks)
• Generous healthcare
• Bright Horizons back-up care program
• Generous paid time off
• Education reimbursement
• Referral Program
• Opportunities to network and connect

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees