Pearl Senior Accountant

Perlen House•San Antonio, TX

About The Position

The Senior Accountant helps ensure the integrity, accuracy, and timeliness of accounting information for Pearl Real Estate Company. The role maintains general ledger and subledger accounts for real estate operations and plays a key part in monthly close, financial reporting, variance analysis, and annual budget preparation. The Senior Accountant also completes special projects as assigned by a supervisor. The position supports accounting for multiple entities and business lines, including real estate operations, operating capital improvements, and common area expenses. It also handles real estate accounting activities such as lease administration, tenant communications, CAM, tax and insurance reconciliations, and percentage rent calculations. The role works with the Property Management and tax teams and contributes to accounting policies, procedures, and reporting.

Requirements

Four-year accounting degree required.
Minimum of 4 years of experience in public accounting and/or industry-specific accounting.
Strong knowledge of GAAP.
Knowledge of accounting systems and how they are integrated within a company’s accounting structures.
Knowledge of financial reporting processes.
Intermediate Excel skills.
Ability to interact professionally with others.
Strong analytical skills.
Strong communication skills; self-starter; flexible and open to frequent change; highly organized; team-oriented; able to manage multiple tasks, work under pressure and meet deadlines; able to prioritize; customer-service-oriented; and detail-oriented.

Nice To Haves

CPA certification.
Experience accounting for multiple companies or lines of business.
Experience with NetSuite, Sage, MRI, and Property Management software systems; preferred but not required.

Responsibilities

Maintain general ledger and subledgers for multiple entities and business lines, including real estate operations, operating capital improvements, and common area expenses.
Reconcile general ledger accounts to subledgers and supporting documentation, and reconcile intercompany accounts.
Review accounts payable and accounts receivable activities, including general ledger coding.
Prepare promissory note compliance checklists and record related journal entries.
Prepare and record reclassification, recurring, and accrual journal entries.
Manage month-end close tasks in coordination with the accounting team and meet accounting calendar deadlines.
Assist with monthly financial statements and variance analysis for multiple business lines.
Assist with departmental reports.
Assist in budgeting CAM, taxes, insurance, and allocated salaries.
Prepare annual tenant letters communicating rent and NNN expenses in coordination with Property Management.
Maintain leases in real estate accounting software, including entering new leases, terminating leases, maintaining charges, tracking COIs, calculating CPI increases, and generating monthly rent rolls for Property Management review.
Reconcile CAM, taxes, and insurance annually and prepare tenant communications in coordination with Property Management.
Calculate percentage rent and record it in tenant receivables and the general ledger.
Provide supporting schedules and work with the tax team during tax preparation.
Assist with developing and maintaining accounting policies and procedures.
Participate in special projects and ad hoc reporting as needed.
Within 60 days of hire, independently complete assigned monthly close tasks and gain intimate knowledge of key processes, including managing tenant and lease information in software, obtaining and recording monthly accruals, monthly reporting, and balance sheet reconciliations.
Within 90 days of hire, develop and implement an internal reporting and feedback process to support financial accuracy and participate in monthly reporting for the Real Estate organization.