Property Accountant Senior, Corporate, FT, Day
About The Position
The Senior Property Accountant, housed within the Accounting Department, is responsible for recording, reviewing, and evaluating the financial transactions for a portfolio of healthcare properties encompassing the full spectrum of transaction processing, general ledger analysis, external financial reporting, annual audit preparation, and management reports. Working with Facilities Development and Treasury, the Senior Property Accountant will be responsible for updating and documenting accounting procedures to ensure accuracy, consistency and compliance throughout the entire portfolio which is composed of both owned and leased properties.
Requirements
- Bachelor's Degree- Finance, Accounting, Business, or Real Estate
- 5 years- Property and Lease Accounting
- Excellent communication and inter-personal skills.
- Strong accounting and financial analysis experience; excel proficiency; knowledge of real estate concepts; knowledge of ASC 842 Lease Accounting compliance.
- Basic computer skills
- Proficient computer skills (word processing, spreadsheets, database)
- Mathematical skills
- Advanced PowerPoint and Excel skills
Nice To Haves
- Commercial Lease familiarity/ Healthcare accounting experience.
- Experience with Real Estate Accounting Software such as Yardi or MRI.
Responsibilities
- Record all monthly rent and opex payments. Perform all monthly account reconciliations and update supporting analytical schedules on a timely basis. - 20%
- Record internal/imputed rents based on property allocations. – 20%
- Produce monthly lease accounting entries in compliance with ASC 842. - 15%
- Create and maintain recurring payables and journal entries for each property as needed. – 10%
- Process non-standard or non-recurring payables and journal entries as necessary. – 5%
- Ensure timely payment of annual real estate taxes for all leased properties. - 5%
- Partner with Facilities Development and Treasury in preparation of periodic and ad hoc reporting requests from leadership. - 5%
- Prepare annual lease disclosure for financial statement. Field audit requests and answer audit questions related to the real estate portfolio and specific leases . 5%
- Support annual budget preparation in conjunction with Facilities Development and Treasury. - 10%
- Document and update real estate accounting procedures and processes. Identify process improvement opportunities to be evaluated. - 5%
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
