Property Accountant

Kforce•Fort Lee, NJ

43d•Hybrid

About The Position

Kforce's client, a growing real estate company, is seeking a Property Accountant in Fort Lee, NJ. This role will be 4 days in the office & 1 day remote. This company offers opportunities for advancement, excellent benefits & a good work life balance.

Requirements

Bachelor's degree in Accounting
2-3 years of general accounting experience or public accounting. Must have accrual basis accounting (property accounting or real estate accounting experience preferred)
Proficiency in Excel required, Salesforce and Yardi software experience a plus
Demonstrated problem solving and analytical skills
Ability to work in a fast paced environment and prioritize multiple high priority projects
Strong work ethic focused on meeting deadlines

Responsibilities

Maintain proper accounting records for the assigned properties
Review and understand the organizational and financial documents and apply accounting and reporting requirements accurately
Monitor AR and AP aging, unapplied cash, bad debt allowance, debt service ratio, cash flows and cash positions, etc.
Approve accounts payable timely
Work closely with the field team to timely resolve receivable and payable issues
Review commercial lease charges, perform CAM reconciliations
Follow month end closing calendar
Prepare monthly centralized journal entries and supporting schedules for the assigned accounts
Review bank reconciliations and timely resolve bank reconciling items.
Maintain and reconcile all general ledger activities for properties in the assigned portfolio
Prepare monthly closing work paper packages independently including variance explanations
Investigate and resolve issues through communication with operations, finance teams and outside parties
Prepare monthly reports as needed, such as investor and lender
Follow quarter end closing calendar
Assist in preparing quarterly financial reports and supplemental schedules
Prepare lender reports, and other required quarterly reports.
Prepare required work papers at year end for annual audits
Prepare financial statements and footnote disclosures
Review tax returns prepared by CPAs as needed
Complete ad hoc financial projects as required