Senior Accountant

MCWHINNEY REAL ESTATE SERVICES • Denver, CO

6d • $90,000 - $110,000 • Onsite

About The Position

This role will serve as the Senior Accountant for a portfolio of multifamily and land development entities. The role is responsible for producing timely and accurate financial information and will work in close collaboration with the third-party property management company and internal teams throughout the company.

Requirements

• Bachelor’s degree in accounting
• A minimum of three to five years relevant experience
• Strong GAAP knowledge
• Intermediate Excel skills required.

Nice To Haves

• Strong experience in multifamily and land development accounting is desired.
• Construction accounting experience is desired.
• CPA designation is desired.
• Excellent analytical, quantitative, written and verbal communication skills required.
• Strong organizational and project management skills desired.

Responsibilities

• Execute the monthly close process for assigned entities.
• Identify reconciling items, research and explain variances and take action to resolve open items.
• Prepare and review monthly/quarterly/annual financial statements in accordance with GAAP for both internal and external reporting for assigned entities. Ensure accuracy, clarity, and professionalism.
• Reconcile bank statements.
• Maintain monthly rolling 60-month cashflow forecasts for assigned entities.
• Forecast significant cash transactions such as distributions, contributions, loans and dispositions.
• Align with Asset Managers and Land Development teams on projections.
• Maintain fixed asset records for assigned entities.
• Review and approve invoices and process weekly check runs.
• Manage cash balances to ensure sufficient cash is available to meet all obligations in a timely manner.
• Process debt service payments on time through the debt service module.
• Prepare accurate budgets annually.
• Understand the operating agreements for each assigned entity regarding contributions, distributions and allocations of profits and losses.
• Account for equity transactions and maintain waterfalls for all assigned entities.
• Calculate and process distributions and contributions.
• Reconcile equity activity between related entities such as equity pick-ups and investments in subsidiaries.
• Work with land development team to track development costs and cost basis of land.
• Prepare analysis and JEs for land sales or contributions.
• Prepare support for tax return preparation and collaborate with outside CPA firm on preparation of tax returns.
• Prepare audit schedules and support the annual audit process for entities with audit requirements.
• Participate in special projects to improve accounting department operational efficiency and to improve policies and procedures.

Benefits

• medical
• dental
• vision
• life insurance
• short-term disability
• long-term disability
• 401(k)
• employee assistance plan
• generous paid time off plan that includes a week off between Christmas and New Year’s

What This Job Offers

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