Senior Accountant, Property Accounting

BXP • Boston, MA

16h

About The Position

Manage, audit, and analyze all financial matters related to an assigned property portfolio, serving as the financial expert and primary facilitator for those properties. The position manages quarterly close activities, prepares financial statements and reports, oversees client billing and account reconciliations, analyzes leases and agreements, and works with property management and internal departments to support budgeting, forecasts, compliance, and audits. The role reports directly to the Senior Manager and VP, Regional Controller.

Requirements

• Bachelor of Arts or Bachelor of Science degree in Business Administration or Accounting.
• At least 1 to 3 years of accounting experience required.
• Strong computer skills, including proficiency in Microsoft Excel.
• Organizational skills, including the ability to set priorities, manage multiple projects, and meet deadlines.
• Self-starter able to find solutions with minimal supervision.
• Ability to interact with coworkers, clients, and vendors in an articulate, courteous, and professional manner.
• Leadership abilities.
• Ability to work under pressure, multitask, and work independently as well as part of a team.
• Adaptability to changing demands.
• Effective problem-solving skills.
• Excellent written, oral, and interpersonal communication skills.

Nice To Haves

• 3 to 5 years of experience strongly preferred.
• Accounting experience in commercial real estate or a related industry preferred.
• Knowledge of JD Edwards accounting software desirable.

Responsibilities

• Manage the quarterly close process, including preparing supporting schedules and generating reports for audit binders.
• Oversee client accounts to ensure monthly billing for rental and additional lease charges is accurate, and investigate and resolve discrepancies.
• Analyze and prepare quarterly Tax and GAAP financial statements, including supporting schedules.
• Present quarterly revenue and expense variance explanations in the VET tool in conjunction with property management.
• Prepare analyses, financial reports, and related schedules according to lender and third-party requirements.
• Analyze and prepare client operating and real estate tax escalations for monthly payments and annual true-ups.
• Audit the accuracy of portfolio databases, including Lease Tracking, BP Loan Summary, Rent Roll, and Lease Abstract.
• Work with property management to prepare annual portfolio budgets and quarterly re-forecasts.
• Coordinate with Lease Administration, Accounts Receivable, Accounts Payable, Tax, Finance, and Legal to obtain information needed to complete financial statements.
• Prepare external reports required for compliance with agreements, including sales and use returns and I&E forms.
• Audit and reconcile accounts, including work orders.
• Review and understand management, development, joint venture, and mortgage agreements for assigned properties.
• Analyze and prepare monthly depreciation.
• Provide service to the VP, Regional Controllers, and other BXP personnel.
• Manage, analyze, and interpret leases.
• Enter required information into Expense Participation.
• Work with Financial Reporting on complex transactions.
• Compile supporting documentation for client audits.

Benefits

• Competitive total rewards package including base salary and an annual discretionary bonus.
• Medical and dental coverage.
• Retirement savings plan with competitive company match.
• Backup childcare.
• Educational assistance.
• Employee support programs.
• Commuter transit subsidy.

What This Job Offers

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