Property Accountant
CFSAtlanta, GA, USProperty Accountant – Atlanta, GA.Hybrid schedule: 4 days in office, 1 day remote.Why This Opportunity Stands Out.This Property Accountant opportunity is with a growing property management organiza... Show more
Senior Property AccountantJamestown Management Corporation • Atlanta, GA, United States
No longer accepting applications
Senior Property Accountant
Jamestown Management Corporation • Atlanta, GA, United States
12 days ago
Job type
- Temporary
Job description
Senior Property Accountant
Jamestown is recruiting for a Senior Property Accountant at our Atlanta office inside Ponce City Market. The Senior Property Accountant is responsible for preparing financial statements and reconciliations for the property. This position works under the supervision of the Senior Vice President of Property Accounting.
Minimum Qualifications Required:
- Bachelor's degree in Accounting, Finance, or related field preferred; high school diploma or associate degree with substantial experience may be considered.
- 5-7 years of progressive experience in accounting within commercial real estate or property management.
- Advance knowledge of tenant lease structures, CAM/operating expense recoveries, and rent collection procedures.
- Strong proficiency in MRI requirement.
- Demonstrated ability to lead projects, mentor staff, and communicate effectively with internal stakeholders and tenants.
Essential Job Functions:
- Prepare monthly financial statements for assigned properties including, but not limited to bank reconciliations, journal entries, income/expense accruals, reclasses, variance analyses, balance sheet reconciliations, cash flow projections capital spending, and TI project reconciliations.
- Maintain Corporate Fixed Asset System for assigned properties.
- Prepare annual CAM / Real Estate Tax budget and reconciliations.
- Understand and be able to perform accounts payable, accounts receivable, and lease administration in accounting software.
- Assist with preparation of annual budgets and semi-annual forecasts.
- Assist Property Management with tenant accounts receivable reconciliations as needed.
- Prepare detailed interim and year end work papers and supporting schedules requested by internal and external auditors.
- Assist in the research, analysis, documentation, and response of tenant audits.
- Manage all treasury activities and cash management process including liquidity requirements.
- Compile and produce monthly cash flow analysis and provide to Senior Management.
- Responsible for cost accounting including cost analysis of development and operational capital.
- Review complex lease agreements, abstracts, and associated lease commission calculations.
- Create amortization schedules for tenant improvement construction loans.
- Assist compiling support for monthly lender capital funding requisitions.
- Assist Fund Controllers with ad hoc requests.
- Performs other related duties as assigned.
Material and Equipment Used:
- General office equipment
- Computer
- Microsoft Office
- Nexus Payables
- MRI Software
Knowledge and Skills:
Knowledge of:
- MRI
- Excel
- Commercial Real Estate
- Nexus or other type payables applications
Skills:
- Organizational and interpersonal skills
- The ability to meet deadlines, accomplish work in order of priority; professionally maintain composure & effectiveness under pressure and changing conditions.
- Self-motivation, leadership, teamwork and collaboration.
- Detail oriented, logical, and methodical approach to problem solving
- Exceptional written and verbal communication
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Senior Property Accountant • Atlanta, GA, United States
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