Property Accountant

Realty Management Services Inc

About The Position

A full-service multi-family real estate firm, ROSS Companies, is looking for an experienced Property Accountant at a community in Baltimore, MD. This individual will assume hands-on responsibility for all property accounting related to our growing national portfolio of stabilized and cash flowing commercial properties. The Accounting Manager must be able to work with a high degree of independence in performing accounting and financial activities for the company by developing and implementing systems for collecting, analyzing, verifying and reporting financial information as well as managing staff.

Requirements

Bachelor’s Degree in Accounting or Business Administration with an emphasis in Accounting
Extensive experience with MRI property accounting software.
Experience with accounting for industrial, commercial and/or retail real estate is required.
Strong proficiencies with Microsoft Office applications including intermediate to advanced level in Excel.
Strong leadership skills and experience managing a team.
Ability to multi-task, work under pressure, meet deadlines and be able to thrive in a fast-paced work environment.
Excellent verbal, written communication and interpersonal skills.
Ability to learn fast and work independently or as part of a team and take on new tasks with high level of difficulty.
Sound knowledge of bookkeeping theories, practices, and accepted office procedures; knowledge of accounting procedures.
Knowledge of the real estate transaction processes, including review of contracts.

Nice To Haves

CPA or CMA certification

Responsibilities

Oversees day-to-day accounting operations of commercial property buildings.
Oversees month end and quarter end close for each respective property.
Reviews monthly Balance Sheets, Income Statements, and Cash Flows per property to verify account balances and reasonable revenue and expense amounts.
Assists with forecasts and annual budgets as well as provide detailed explanations of deviations from budget based on specific materiality thresholds.
Compiles financial statements for joint ventures and lenders.
Oversees and ensures that all property and tenant lease input information is up to date and correct.
Reviews CAM reconciliations and assists in the set-up of CAMs in MRI
Assist in annual audits. Ensures reports/documents are forwarded to Auditor/CPA and maintains applicable documentation.
Oversees processing of monthly fees including property management, leasing commissions, accounting, and construction management.
Supports financial activity for all property sales, including preparation of final operating statements, funds distribution, GST reconciliation, closing of bank accounts, and any other relevant closing duties.
Maintains a full understanding of all property specific processes and upkeep of pertinent information relating to specific properties.
Provides input/feedback for improving processes, procedures related to above duties and responsibilities, and initiating quality and efficiency enhancements.