Property Accountant
Kforce
Kforce's client, a long-standing Property Management company located in Newton, MA is in search of a Property Accountant. The company offers a collaborative and employee-centric culture. Our client has been in business for 30+ years and has holdings & projects in all classes of real estate.
Responsibilities:
* The Property Accountant will be responsible for a portfolio of properties; Will be responsible for monthly preparation of financial statements including balance sheets, income statements, variance analyses, property/tenant statistics and general ledger reconciliations
* Work on upper and lower tier entities within a structure and potentially pass at REIT testing
* Responsible for preparing cash distribution worksheets that will determine if a distribution to the partners is warranted
* Prepare annual budgets for properties and respond to any questions pertaining to year-end work with outside auditors
* As a Property Accountant, you will work with Tenants and internal clients, responding to inquiries and questions regarding the assigned properties in the portfolio
* Be required to prepare Common Area Maintenance (CAM) and Real Estate Tax tenant billings on a quarterly and/or monthly basis
* Responsible for Percentage Rent billings for properties and preparing tenant water billbacks on a quarter and/or semi-annual basis for assigned properties
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