Senior Property Accountant

Job Title : Senior Property Accountant

Location : Red Bank, NJ (On-site)

Status : Full-time, Exempt

Compensation : $70,000 - $90,000 annual salary + bonus

About Us

Denholtz is a privately held, vertically integrated real estate investment and development firm. We develop, own, and manage a diverse portfolio of commercial and multifamily assets across the country. Our Company is built on a foundation of trust, expertise, and a commitment to innovation. With more than 70 years of experience in real estate investment management, we've cultivated a reputation for delivering consistent results and creating enduring value for our investors.

About the Role

Working as part of our team of accountants, the Senior Property Manager will be responsible for the review, accuracy and timeliness of the monthly closing of the books and records of a portfolio of properties and related entities.

Essential Functions

• Oversee the monthly close process of assigned properties by reviewing the monthly operating reports prepared by an outsourcing team.
• Prepares required lender / investor reports for assigned properties and monitors compliance with covenant and reporting requirements
• Prepares documentation requirements for draw submissions and liaises with lenders to complete the draw process
• Monitors and manages all cash, accounts payable and accounts receivable of assigned properties
• Communicates and responds to inquiries from tenants and vendors of assigned properties as the need arises
• Participates in the annual budgeting process and prepares required submissions
• Collaborates with Asset Management, Property Management and other stakeholders to address financial matters
• Coordinates with tax accountants and / or external auditors at year end and prepares all required schedules to complete year end requirements
• Reviews financial statement and tax return drafts before these are submitted for approval
• Reviews CAM reconciliation prepared by outsourcing team, and responds to tenant inquiries as needed
• Ensures that the property's financial activities comply with relevant laws and regulations
• Other duties that may be assigned from time to time by the CFO / Controller

Skills Required

Qualifications

What We Offer

Pay Range : $70,000 - $90,000 per year