Senior Property Accountant

Job Description

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. Key Skills and Core Values:

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

Responsibilities:

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

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