Property Accountant

Kforce's client, a growing real estate company, is seeking a Property Accountant in Fort Lee, NJ. This role will be 4 days in the office & 1 day remote. This company offers opportunities for advancement, excellent benefits & a good work life balance. Responsibilities:

• Maintain proper accounting records for the assigned properties
• Review and understand the organizational and financial documents and apply accounting and reporting requirements accurately
• Monitor AR and AP aging, unapplied cash, bad debt allowance, debt service ratio, cash flows and cash positions, etc.
• Approve accounts payable timely
• Work closely with the field team to timely resolve receivable and payable issues
• Review commercial lease charges, perform CAM reconciliations
• Follow month end closing calendar
• Prepare monthly centralized journal entries and supporting schedules for the assigned accounts
• Review bank reconciliations and timely resolve bank reconciling items.
• Maintain and reconcile all general ledger activities for properties in the assigned portfolio
• Prepare monthly closing work paper packages independently including variance explanations
• Investigate and resolve issues through communication with operations, finance teams and outside parties
• Prepare monthly reports as needed, such as investor and lender
• Follow quarter end closing calendar
• Assist in preparing quarterly financial reports and supplemental schedules
• Prepare lender reports, and other required quarterly reports.
• Perform year end responsibilities
• Prepare required work papers at year end for annual audits
• Prepare financial statements and footnote disclosures
• Review tax returns prepared by CPAs as needed
• Complete ad hoc financial projects as required
• Bachelor's degree in Accounting
• 2-3 years of general accounting experience or public accounting. Must have accrual basis accounting (property accounting or real estate accounting experience preferred)
• Proficiency in Excel required, Salesforce and Yardi software experience a plus
• Demonstrated problem solving and analytical skills
• Ability to work in a fast paced environment and prioritize multiple high priority projects
• Strong work ethic focused on meeting deadlines