Accounting Manager
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The Opportunity
Description
We're looking for an Accounting Manager, working in Real Estate industry in Boston, Massachusetts, United States.- Works closely and oversees 3rd Party Property Teams.
- Reviews 3rd party property accounting for consistency, accuracy and proper accounting rent rolls and lease maintenance cash management including weekly check fundingfinancial reports, annual budgets and quarterly budget re-projections tax basis amortization and depreciation calculations.
- Provides support to 3rd party MRI users.
- Reviews and approves operating and tax escalations annual estimates quarterly and annual reconciliations cost pools, expense caps, exclusions, gross ups and base year calculations.
- Manages Loan Compliance, Mortgage payments, Lender reporting including debt service coverage ratio calculations Loan and escrow draws.
- Prepares unaudited financial reports as required by the ownership of the property.
- Provides comprehensive audit support.
- Prepares audited financial statements with footnotes (FV and Tax basis), as required.
- Prepares ad-hoc financial analysis and reporting as needed.
Our Client
Professional Staffing Group is one of Massachusetts’ largest staffing companies. Recruitment leaders count on us for help. You can too!
Why? Because of the great service we provide. We were the "overwhelming winner" of the first Excellence Award for Customer Acquisition and Retention. Our customers’ satisfaction means opportunity for you!
Want to work with someone who cares? We provide staffing to sponsored non-profits. Support scholarships and sponsorships. Give direct assistance to improve employability.
We care about you too! And we have the expertise to help. Do you want help with this opportunity?
Experience Required for Your Success
- Bachelor's Degree in Accounting/Business
- 5 years property accounting experience, with the majority in commercial real estate
- Experience with Funds and/or Joint Ventures
- Experience with fair value GAAP, tax accounting. IFRS a plus
- Experience with TRS (Taxable REIT Subsidiaries) a plus
- Proficient with tenant recoveries (CAM)
- Understanding of waterfall calculations
- Experience in year-end audit including preparation of financial statements and footnotes
- Experience with loan compliance including loan-draw and escrow-draw packages, covenant calculations
- Ability to work independently and communicate effectively
- Ability to work in a fast-paced environment
- Detail oriented and ability to multitask and prioritize
- Proficiency with financial software systems applications and proficiency with Microsoft Windows software programs, MRI experience a plus
What Do You Think?
Does your experience reflect what it takes to be successful in this role? Do the work and challenges get you excited about what's possible?
Apply Now
