Job Purpose
The primary functions of the position are to (i) review the monthly financial reporting (including backup schedules) for investors produced by the other accountants, (ii) produce monthly financial reports for investors (including backup schedules) and (iii) manage cash accounts, and perform other administrative functions for a commercial real estate portfolio. This position includes creating/posting general journal entries, posting tenant receipts, coding payables, preparing financial account and bank reconciliations, tracking fixed assets (including depreciation schedules), performing budget vs. actual analysis and assist in setting up new properties in Yardi.

The Senior Property Accountant must have excellent communication and written skills, the ability to work on multiple tasks concurrently and to complete tasks with minimal supervision, and the ability to meet deadlines. The following Job Description Summary is intended to highlight many of the position's responsibilities. This summary is not intended to be all-inclusive; it is simply meant to be used as a guide and may be revised from time to time at the sole discretion of Supervisor.

Duties and Responsibilities
Essential Responsibilities include, and are not limited to:

Oversee day-to-day accounting operations of commercial retail properties which includes, but is not limited to the following:

• Prepare monthly financial statements, budget variance analysis and supporting schedules in accordance with GAAP and client’s specified accounting procedures and reporting guidelines.
• Manage and complete general ledger journal entries and cash balances
• Apply cash receipts from tenants to their ledgers.
• Prepare bank reconciliations
• Review Balance Sheets and Income Statements to verify account balances and reasonable revenue and expense amounts
• Assist in annual CAM reconciliations and assemble the necessary detail and back-up for the tenant’s use
• Update and prepare depreciation and amortization schedules, as well as create new Fixed Assets.

Review the monthly financial statements prepared by the other accountants

Track and comply with lender reporting.

Assist in audits.

Preparation of special projects on an ad hoc basis.