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Senior Real Estate Accountant Apply Now

Industry: Real Estate Accounting
Location: Atlanta (Midtown)
Required Skills:
Preferred Skills:
Education: Bachelor's degree in accounting or finance preferred or additional real estate accounting experience - CPA a plus
Salary: Company offers a salary in the $85 - $95,000 range plus 10% bonus target and excellent benefits.

Leading developer and manager of industrial real estate located in Midtown seeks to hire a Senior Real Estate Accountant. Perform accounting and reporting functions related to the development and operation of real estate for assigned properties and joint ventures; assist Accounting Manager with regional reporting, training of staff-level accountants, and other projects as needed. Position reports to the Accounting Manager. This is a hybrid role where you can work from home 2 days a week. SIGN ON BONUS AVAILABLE FOR THE QUALIFIED CANDIDATE!

Responsibilities...

DEVELOPMENT:

Responsible for development portfolio of multiple regions. Work with regional construction managers to ensure that all costs are tracked in Yardi, reconciled to contract, and paid timely
Review construction budgets, budget revisions, and work with construction managers on variances
Work with construction/development manager to ensure development reports are updated monthly; review monthly development fee calculation prepared by staff
Track real estate in Yardi through progression from land to development and stabilization
Track all costs in Yardi subledger through job codes and categories
Review closing statements; prepare and record the purchase/sale entry for acquisitions or dispositions
Review monthly capital expenditure accruals
Review capitalization calculations on all projects in development
Supervise and review staff accountants' properties, training of staff accountant on developmental process

OPERATIONS:

Review and post journal entries, receipts and charges
Monitor A/R and communicate potential A/R issues to management team
Review CAM reconciliations for current and past tenants
Review quarterly straight-line rent reconciliations for assigned regions and joint ventures
Review month-end close packages; review of trial balance, income statement, balance sheet, general ledger, budget variances, development report, accounts receivable, accounts payable, and other balance sheet accounts
Review all property level accruals
Review the calculation of management fees
Review monthly bank reconciliations
Supervise and review staff accountants' properties, training of staff accountants on operating processes and procedures
Working with Property Managers, regional teams, external advisors, tax team and FP&A team to verify proper accounting of transactions

JOINT VENTURE REPORTING, if applicable:

Review all reporting requirements for joint ventures as assigned, including management packages and other reports as requested
Prepare contributions, distributions and net income allocation for assigned joint ventures
Review joint venture elimination entries monthly if applicable
Review depreciation calculations prepared by staff accountants
Review all fees including but not limited to, development fees, management fees, financing fees, budget savings fees and administrative fees.

SUPPORT FUNCTIONS:

Assist with preparation of audit schedules and work with external auditors as necessary
Participate in the preparation of the annual business plan
Review tenant rent letters prepared by staff accountants
Prepare assigned month-end reconciliation schedules following the completion of property close

Other duties as assigned.

Qualifications...

Bachelor's degree in accounting or finance preferred or additional real estate accounting experience
CPA or CPA candidate a plus
Minimum of 4 years advanced accounting experience required
Real estate accounting experience preferred
Intermediate proficiency in Excel
Experience with Yardi preferred
Effective oral and written communication skills
Strong organizational skills with ability to prioritize
Ability to handle multiple tasks while meeting strict deadlines
Strong analytical problem-solving skills
Detail and team orientation

Company offers a salary in the $85 - $95,000 range plus 10% bonus target and excellent benefits.

For immediate consideration please forward your resume to jim@jrp-atlanta.com. Confidentiality assured!

THIS IS A PERMANENT DIRECT HIRE OPPORTUNITY AND OUR FEES ARE ALWAYS ASSUMED BY THE HIRING COMPANY.

Keywords: senior real estate accountant, real estate, accountant, industrial, finance, real estate accounting, CPA, Excel, Yardi, development portfolio, construction budgets, budget revisions, variances, development fee calculation, closing statements, purchase sale entry, acquisitions, dispositions, capital expenditure accruals, capitalization calculations, training accountants, journal entries, accounts receivable, CAM reconciliations, straight-line rent reconciliations, joint ventures, month-end close, trial balance, income statement, balance sheet, general ledger, budget variances, accruals, bank reconciliations, supervision, contributions, distributions, net income allocation, depreciation calculations, development fees, management fees, financing fees, budget savings fee, administrative fees, audit schedules, business plan, tenant rent letters, month-end close

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