Senior Property Accountant

Reports To: Director, Client Accounting

Primary Function: Maintain financial statements for commercial and multifamily real estate properties

Education: BS Degree in Accounting, CPA preferred. Minimum five years' work-related experience

Qualifications: Accounting experience including financial statement reporting, bank reconciliations and journal entries. GAAP reporting experience, advanced Excel skills, financial planning experience, and real estate experience are required. MRI or Yardi experience a plus.

• Collaboration with Thalhimer's accounting and property management teams
• Client Focus addressing questions and requests for information from owners and asset managers.
• Results Focused and ability to work independently.
• Continuous Improvement, make recommendations
• Excellence

• Prepare monthly financial statements & supporting schedules
• Practical understanding of accounting principles
• Monthly bank reconciliations, research and resolve reconciling items
• Mortgage escrow account reconciliations
• Journal entries, including accruals, depreciation and amortization, etc.
• Balance sheet reconciliations
• Record transactions from a closing statement
• Calculate distributions to owners
• Monitor cash flow and accounts payable
• Validate/calculate monthly management fee calculation
• Assist owners with year-end audit/tax reporting
• Develop and update short- and long-term cash forecasts to assess available liquidity and support owner distribution planning
• Assist with the onboarding of new properties, record activity from prior manager, monitor utility, mortgage, and other sensitive vendor
• Monthly bank reconciliations for master accounts and resolution of reconciling items
• Special projects
• Train and support accounting team members