Senior Accountant

Job Description

Job Description

Job Summary

BARDAS is seeking a Senior Accountant with approximately three to five years of real estate accounting experience to report to the Controller. The Senior Accountant will assist with the accounting and financial management of a portfolio of direct real estate investments to comply with joint venture, lender and internal reporting requirements. The Senior Accountant will work closely with an experienced group of professionals and be involved in many aspects of real estate financial analysis, accounting, taxation, internal controls, and property management oversight.

Responsibilities

• General understanding of real estate investment structures including REITs, mortgage documents, development agreements, partnership agreements, purchase and sale agreements and leases
• Month-end / quarter-end / annual accounting, financial reporting and debt covenant compliance of direct real estate assets. Ensuring that all investments are accounted for in accordance with operating agreements as well as GAAP.
• Analyzing financial statements and other financial reports of real estate investments
• Preparing monthly development draws and JV capital calls
• Working closely with the development team to track current project costs against budget, major cost changes, budget reallocations and contingency usage
• Reviewing and approving operating budgets for each asset and preparing JV entity budgets
• Performing financial due diligence for acquisitions by working with third parties, sellers, JV partners, legal counsel, etc.
• Broadly interacting with independent external auditors and tax practitioners to provide information as requested for annual audit, annual tax and quarterly REIT compliance
• Oversight of third-party property management to ensure compliance with operating agreements
• Identifying and resolving any control issues relating to property management or internal processes
• Cash management of upper-tier and corporate level entities
• Generating data that is valuable for business management efforts
• Special projects regarding assigned portfolio of properties

Qualifications

This is a remote position.