Sr. Property Accountant

Granite•Plano, TX

6d•Onsite

About The Position

The Sr. Property Accountant will be responsible for a range of general accounting duties, including general ledger review, financial statement preparation, balance sheet and sub-ledger reconciliations, accruals, and quarterly re-forecast review. This role also involves high-level monthly variance explanations, maintaining and ensuring the accuracy of GAAP rent calculations, and determining assets to place in service. The accountant will manage the JDE fixed asset module, calculate depreciation, and perform reasonableness reviews. Additionally, they will prepare detailed reporting packages for joint venture partners, handle monthly funding requests and loan draws, and maintain and analyze PPA-related accounts and derivatives. The position requires assisting with outside auditor requests, preparing audit PBCs and financial statements, and supporting annual tax packages. Responsibilities also include processing manual billings, adjustments, refunds, maintaining supplemental ledgers, recording daily cash, and performing daily cash reconciliations. Expense Participation (EP) for properties involves inputting information into JDE, preparing pre-bills, annual true-ups, and budget/reforecast for EP by customer. Lease review and peer review for EP setup are also key functions. The role requires assisting management offices with accounting-related questions and setting up jobs and processing pay applications for TI/Capital within the JDE job cost module.

Requirements

Bachelor’s degree in accounting or finance, required
3-5+ years commercial real estate accounting experience, or public accounting audit or other commensurate experience
Strong problem solving, analytical and communication skills required
Proficiency in Excel – Intermediate Level
Ability to consistently apply education, experience and good judgement to the job responsibilities at a consistently high level of performance, both in quantity and quality
Ability to consistently and resourcefully handle multiple priorities under rapidly changing circumstances and goals, including within short timelines
Ability to consistently, frequently and effectively communicate, coordinate and collaborate with individuals and groups primarily face-to-face, but also by telephone and electronic media
Exceptional ability to adapt, to innovate, and to understand and comply with Granite’s policies and culture, along with all applicable laws and the highest ethical standards
Ability to concentrate for long periods of time, whether alone or working with people in close proximity to you
Ability to consistently attend work and to be punctual at the office
Ability to independently move throughout the office and consistently and continuously perform essential job functions
Ability to lift and/or move up to 25 pounds

Nice To Haves

CPA, highly preferred
(18 hours of accounting coursework required)
JDE experience preferred
Prior GAAP experience preferred

Responsibilities

General ledger review
Financial statement preparations
Balance sheet/sub-ledger reconciliations
Accruals
Quarterly re-forecast review
High-level monthly variance explanations
Maintain, record, and ensure accuracy of GAAP rent calculation, including monthly analytic review
Determine assets to place in service monthly
Place required assets in JDE fixed asset module, calculate and record depreciation, and perform reasonableness review
Prepare and ensure accuracy of joint venture partner’s detailed reporting package monthly
Prepare monthly funding requests and loan draws for applicable properties
Maintain and analyze PPA (purchase price allocation) related accounts and any related derivatives as required
Assist with outside auditor’s one-off requests, prepare audit PBCs, and prepare audit financial statements including Balance Sheet, Income Statement, Statement of Equity, and Statement of Cash Flows
Prepare supporting documents for annual tax packages
Process manual billings, billing adjustments, refunds, and maintain supplemental ledgers using accounting operating system
Record daily cash and perform daily reconciliations of cash
Input EP information into JDE system for all customers on assigned properties, prepare pre-bills, annual true-ups, budget and reforecast for EP by customer
Perform lease review for assigned properties, and peer review for EP set up
Assist management offices, when necessary by researching issues and responding timely to their accounting related questions
Set up jobs and process all pay apps for TI/Capital on assigned properties within the JDE job cost module