careers

Company

Senior Staff Accountant

Job Title: Accounting

Position is responsible for assisting Controller with accounting reporting, payables and cash management for investment real estate entities and corporate entities. The position will ensure efficient execution in financial statement preparation, accuracy, and completeness, and document safe keeping.

POSITION

Senior Staff Accountant

FULL-TIME/PART-TIME

Full-Time

Accounting

Oversees day to day Accounting function of assigned properties and corporate books
Oversees all invoices processed via Nexus; verifying invoice accuracy; approving/ transferring data from Nexus to MRI
Review/ post rent payment receipt batches in a timely manner
Reconcile intercompany AR on corporate book and manage AM/PM/ Accounting Fees transfers
Prepares bank reconciliations and review bank reconciliations of others
Record write offs and monthly loan payments; maintain insurance and realty taxes roll forward schedule
Reconcile all balance sheet accounts including mortgage impound accounts
Responsible of full-cycle month-end and prepares monthly & quarterly financial statements within scheduled deadlines in accordance with GAAP
Analyzes monthly & quarterly financial statement and budgets
Tracks Delinquency/ Aging and contacts property managers accordingly
Review weekly property account balance to manage cash flow effectively
Calculate monthly property management fee and asset management fee
Calculate privilege taxes and ensure payment submitted on time
Generate monthly tenant statements and lease maintenance in MRI
Post rent charges adjustments and issue security deposit refund
Process quarterly distribution via ACH payments
Assist in CAM reconciliation preparation and verify yearly CAM charges
Prepare year-end tax work paper and supporting documentation for tax return
Review year end 1099’s prepared by AP/ AR specialist
Reconcile post-close expenses due to seller and review with financial analyst
Participate to identify and resolves problems and inconsistencies, recommending appropriate corrective procedures
Perform other duties as requested or as responsibilities dictate

Requirements

Bachelor’s degree in accounting
5 – 10 years’ experience in industry
Experience with MRI preferred but not required
Real Estate experience preferred but not required
Strong analytical, problem solving, written and verbal communication, judgment and planning skills required
Intermediate to expert capabilities utilizing Excel and Word
Ability to multi-task and manage priorities against key deadlines within a fast-paced environment

Communication

Work with Controller and Asset Managers to ensure accuracy of entity level books
Inquire with Operations and Property Managers regarding expenditures, receipts and tenant move-in &out

Reporting Structure

Position reports directly to Controller, Emily Chen

Vital Goals/Performance Measurements

Timely transaction posting
Timely payables payment and receivables collection
Financial statements are prepared/received by the 15th of every month
Financial statements are 100% accurate
Document safe keeping and filing
Implementation of planning initiatives
Quarterly financial reports prepared on-time and accurately
Privilege Tax compliance