HR Director
April 18, 2024Accounting Manager
April 29, 2024Commercial Property Accounting Manager 9559
Position Responsibilities:
- Supervision of Property Accountants and related oversight of a portfolio of wholly owned office properties including review of all G/Ls, reporting, and monthly reporting packages.
- Accounting and Financial Reporting oversight for assigned external partnerships/joint ventures. Includes review of general ledger, financial statements, sub-ledger reconciliations, GAAP adjustments and fixed asset accounting, and partner reporting for Property Accountant’s assigned properties at least quarterly.
- Review and approve calculations of Operating expense reimbursement from tenants for assigned portfolio for pre-bills, budgets, annual true-ups and EP accruals.
- Coordinate annual budgets and reforecasts.
- Coordinate joint venture external audits and tax returns with assistance from property accountants.
- Responsible for preparation of quarterly cash projections and monthly review of available cash for distribution for assigned portfolio.
- Lease review of leases signed over 5,000 to 10,000 square feet for assigned properties.
- Assist with prorations on acquisitions as needed.
- Train new property accountants and coach all property accountants.
- Ad hoc responsibilities as assigned.
Essential Functions:
- Ability to consistently apply education, experience, and good judgement to the job responsibilities at a consistently high level of performance, both in quantity and quality.
- Ability to consistently and resourcefully handle multiple priorities under rapidly changing circumstances and goals, including within short timelines.
- Ability to consistently, frequently and effectively communicate, coordinate and collaborate with individuals and groups primarily face-to-face, but also by telephone and electronic media.
- Exceptional ability to adapt, to innovate, and to understand and comply with policies and culture, along with all applicable laws and the highest ethical standards.
- Ability to concentrate for long periods of time, whether alone or working with people in close proximity to you.
- Ability to consistently attend work and to be punctual at the office.
Role-Based Competencies:
- Drives Results – taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm; Consistently achieving results, even under tough circumstances.
- Customer Focus – Building strong customer relationships and delivering customer-centric solutions; Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
- Cultivate Innovation – Creating new and better ways for the organization to be successful.
- Situational Adaptability – Operating effectively, even when things are not certain, or the way forward is not clear; Adapting approach and demeanor in real time to match the shifting demands of different situations.
- Technical Acumen – Understanding the purpose and basic processes of their assigned functional area.
- Courage – Stepping up to address difficult issues, saying what needs to be said; Holding self and others accountable to meet commitments.
- Instills Trust – Gaining the confidence and trust of others through honesty, integrity, and authenticity.
Qualifications/Requirements:
- Bachelor’s degree in accounting required, CPA preferred.
- 5+ years of previous experience with GAAP accounting in commercial real estate required.
- Intermediate Excel skills required.
- Strong analytical and problem-solving skills required.
- Prior supervisory experience preferred.
- Proficiency in JD Edwards or other real estate software preferred.
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