ShopOne, a Commercial Real Estate company based in New York, NY, is seeking a seasoned, team-oriented Property Accountant. We are looking for a hard-working, individual who is not afraid of responsibility or a fast-paced high-energy environment.
Reporting to the Chief Accounting Officer, the Property Accountant is responsible for the financial oversight and direction of the property accounting functions. The Property Accountant will provide leadership in business planning, accounting and preparation and execution of the operating budget for the company. This position will be responsible for the preparation of monthly and yearly financial reporting and analysis. This position will directly supervise one accountant, who performs accounts payable and accounts receivable duties as well as oversee communication and responsibilities directly related to 3rd party outsourcing companies.
Manage and/or perform all general accounting and financial reporting functions including accounts payable, accounts receivable, fixed assets, and balance sheet management
Technical accounting background and research skills desirable, particularly with respect to capitalization rules surrounding interest and revenue recognition of tenant leases
Prepare monthly statements of income, balance sheets and cash flow of the company
Analyze cash flow, cost controls and expenses and effectively communicate to other management to identify areas for improvement/action
Manage and approve CAM reconciliations
Respond to tenant inquiries regarding CAM calculations and accounts receivable balances
Prepare budgets by establishing schedules; collecting, analyzing, and consolidating financial data; recommending plans
Provide status of financial condition by collecting, interpreting, and reporting financial data
Advanced proficiency in Excel, proficiency with MRI preferred
Bachelor's Degree in Finance and/or Accounting
CPA a plus but not required
3-5 years’ experience in Real Estate accounting as well as budgeting, forecasting, financial modeling and analysis
Proven track record of success in achieving deadlines and completing projects
Excellent and effective written and verbal communication skills
Strong problem-solving skills to identify and reason through complex issues, recommend and implement solutions
Entrepreneurial self-starter, strong work ethic, "sleeves rolled up", and able to dig into the details
About ShopOne Centers REIT, Inc.
ShopOne Centers owns and manages market-dominant, grocery anchored and necessity-based shopping centers across the country. Our properties benefit from a diversified mix of high-quality national and regional tenants. The company has a self-managed, fully integrated operating platform led by an experienced management team. ShopOne leverages its best in class platform, local market knowledge, and operational expertise to maximize the value of the portfolio and support the growth of its retailers.
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