Portfolio Senior Accountant

MCB Real Estate • Baltimore, MD

11d • Onsite

About The Position

This senior accounting role is responsible for the full range of accounting processes and financial reporting for a blended portfolio of multi-tiered Joint Ventures that hold investments in commercial real estate, development, and related investment vehicles.

Requirements

• BS/ BA Degree from an accredited institution with a Finance & Accounting focus.
• Minimum of four (4) years’ experience in full cycle commercial real estate accounting and/or public accounting with a primary focus on the real estate industry.
• Experience with GAAP, Tax and FMV reporting.
• Experience with consolidation accounting and equity method accounting.
• Experience working within an Investor portal environment.
• Microsoft Office software suite proficiency required, including advanced Excel proficiency.
• Effective oral and written communication skills; excellent accuracy/proofreading and attention to detail in all work products.
• Proficiency and consistency with prioritizing workload, multi-tasking, working independently and meeting work deadlines.
• Flexibility to assist on ad-hoc projects or assignments and utilize critical thinking for problem resolution is needed.
• Superior Client, colleague, and Customer service is required while maintaining the highest standard of work ethics and trustworthiness.

Nice To Haves

• AppFolio knowledge preferred.
• MRI software and Avid Payables user knowledge is preferred.
• Experience with drafting policy, procedures and workflows.

Responsibilities

• Review of property reporting, ensuring accuracy, provided by Property Accounting in preparation for consolidation and JV financial reporting.
• Prepare and communicate AJEs where needed.
• Create and post entries, reconciliation, and maintain current supporting schedules for assigned GL accounts.
• Cash posting, monitoring, and bank reconciliations are required.
• Work closely with the Property Accounting and Asset Management Teams to prepare month-end financial reports and quarter-end investor reporting, ensuring accuracy, correct accounting treatments, and adherence to deadlines.
• Assist Asset Management with the preparation of monthly and quarterly distributions, Capital Calls, and waterfall preparation/analytics.
• Prepare and deliver reports necessary for debt compliance, to include preparing and monitoring certain Guarantor requirements.
• Assist with annual tax and audit cycle (including preparation of tax and audit workpaper packages).

What This Job Offers

• Job Type: Full-time
• Career Level: Senior