Senior Accountant, Property Accounting

BXP•Boston, MA

1d•$92,000 - $128,750

About The Position

The Senior Accountant, Property Accounting manages, audits, and analyzes financial matters for an assigned property portfolio, serving as the financial expert and primary facilitator for those properties. The role supports quarterly close and reporting, client billing, tax and GAAP financial statements, variance analysis, budgets and forecasts, lease administration, compliance, reconciliations, depreciation, and client audits. It works closely with property management and internal departments, and provides service to BXP personnel, property managers, and clients.

Requirements

BA/BS degree in Business Administration or Accounting.
At least 1 to 3 years of accounting experience.
Strong computer skills and proficiency in MS Excel.
Organizational skills, including the ability to set priorities, manage multiple projects, and meet deadlines.
Ability to work independently with minimal supervision and find solutions.
Ability to interact articulately, courteously, and professionally with coworkers, clients, and vendors.
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 and oral communication and interpersonal skills.

Nice To Haves

Three to five years of accounting experience is strongly preferred.
Previous accounting experience in commercial real estate or related industries is preferred.
Knowledge of JD Edwards accounting software is desirable.

Responsibilities

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