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Property Accountant

Property Accountant

National Healthcare Properties, Inc.Warwick, RI, US
30+ days ago
Job type
  • Full-time
Job description

Job Description

Job Description

Position : Property Accountant

Company : National Healthcare Properties, Inc.

Location : Hybrid with work in Warwick, RI location as needed

About the Company :

National Healthcare Properties, Inc. is a publicly registered real estate investment trust focused on acquiring a diversified portfolio of healthcare real estate, with an emphasis on seniors housing and outpatient medical facilities, located in the United States. We strongly believe that our dedicated cross-functional team of seasoned professionals is the driving force behind our company’s continued success.

Position and Responsibilities

Main role responsibilities and requirements :

  • Strong understanding of GAAP accounting procedures and guidelines as they relate to real estate accounting (straight line amortizations, allowance for doubtful accounts, accrual basis of accounting).
  • Month-end / year-end accounting close experience including preparation and / or review of balance sheet and income statement reconciliations such as :

o Performing account analysis and reconciliation, including bank statements and intercompany general ledger accounts.

o Reviewing general ledger accounts and adjusting GAAP accrual journal entries.

  • Analyze lease documents with ability to understand their impact on financial statements and manage tenant lease details and review all tenant inputs into database, not exclusive of financial data.
  • Process tenant billings including common area maintenance, real estate taxes, repairs & maintenance, insurance and other operating expenses.
  • Develop annual property budgets and address inquiries during year-end audits with external auditors.
  • Serve as the primary contact for tenant and internal client inquiries related to assigned properties.
  • Monitor cash flow for complex properties and ensure accurate distribution and reporting.
  • Analyze and explain any material monthly fluctuations to management and as response to audit inquiries.
  • Assist with maintenance of subledgers for fixed assets and job cost including reconciling to the general ledger and determining cash requirements and capital commitments.
  • Implement SOX Control requirements for accounting processes.

    • Other responsibilities :

  • Address requests of both internal and external audit teams.
  • Daily review and general ledger codification of accounts payable Avid Invoices.
  • Maintain supporting documentation for assigned areas.
  • Provide support on special projects and senior management requests.

    • Qualifications

  • Bachelor’s degree in accounting or finance
  • CPA preferred, or on path toward
  • Minimum three years of experience in an accounting role, preferably in commercial real estate / property management and with a mix of public and industry experience
  • Advanced Excel skills and strong familiarity with database management
  • Attention to detail when preparing and reviewing files
  • Ability to work in a fast-paced environment and overtime as needed
  • Demonstrate leadership / mentoring skills, enthusiastic and analytical with dedicated work ethic
  • Superior written and verbal communication skills
  • MRI / Yardi / AVID / FAS experience preferred

    • Compensation

    Compensation will be commensurate with experience and capabilities. We offer competitive structures that include base and bonuses, as well as a full benefits package, which include medical, dental and vision insurance, life insurance, 401(k) matching, vacation, holiday and personal time off policy, option to work hybrid, company workspaces / amenities and other benefits.

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    Property Accountant • Warwick, RI, US

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