Property Financial Accountant

Company: Forest Properties Manag
Location: Cambridge
Posted on: October 24, 2024

Job Description:

Forest Properties Management, Inc. seeks an experienced Property Accountant for our Corporate office located in Cambridge, MA. The Property Accountant will own the full monthly accounting cycle for a subset of properties within the portfolio.Essential Duties and RequirementsProperty Accounting Management:

• Manage high volume of Accounts Payable and ensure timely payments of invoices including utilities
• Input General Ledger and expense accrual journal entries into Real Page.
• Process weekly manual check payments for site renovation projects.
• Reconcile credit card statement for site expenses.
• Provide copies of invoices, payments, and financial statements on a monthly basis
• Assist with annual site budgets and forecasts.
• Quarterly Balance Sheet account reconciliations. Property Account Financial Reporting:
  • Perform bank reconciliations and check registers for all accounts.
  • Perform security deposit refunds, research NSFs, stop payments and reissue checks
  • Perform monthly vendor aging analysis
  • Prepare monthly financial statements including Balance Sheet, Income Statement and Cash Flows
  • Explain current and year-to-date revenue and expense variances on monthly financial statements
  • Generate monthly billing comparison report and analysis.
  • Reconcile monthly utility expenses for assigned properties. Corporate Accounting
    • Assist with the year-end close process. Includes preparing lead schedules, supporting schedules, and audit binder reports.
    • Collect and distribute mail within the Corporate office.
    • Other duties as required. Qualifications and Skills:
      • Bachelor's degree in Accounting, Finance, or Business Administration preferred.
      • 3-5 years' experience in Real Estate accounting or relevant Accounting work experience.
      • Proficiency with Microsoft Excel and Word as well as RealPage, OneSite, or similar real estate management software.
      • Strong grasp of GAAP and competence in financial analysis, especially in the context of residential properties
      • Proficiency in bank reconciliation and financial statement analysis
      • Ability to handle multiple tasks, deal with diverse problems, work under pressure, and meet deadlines. Compensation & Benefits: Compensation is based upon qualifications and experience. We offer a great working environment and a competitive compensation package including medical, dental, and vision insurance, fully paid life insurance, 401(k); paid time off (vacation, sick, and holiday). May be eligible for a discretionary performance-based bonus. Application Process:The incumbent must be able to provide eligibility to work in the USA upon hire. For consideration, be sure to attach your resume to the online application. About Us:Visit Forest Properties online https://forestproperties.net/ to learn more about the Company and our properties. Equal Opportunity EmployerCompensation details: 90000-100000 Yearly SalaryPIe99f8f98314b-31181-35859047

Keywords: Forest Properties Manag, East Providence , Property Financial Accountant, Accounting, Auditing , Cambridge, Rhode Island