Senior Property Accountant

Reports To: Director, Client Accounting

Primary Function: Maintain financial statements for commercial and multifamily real estate properties

Education: BS Degree in Accounting, CPA preferred. Minimum five years' work-related experience

Qualifications: Accounting experience including financial statement reporting, bank reconciliations and journal entries. GAAP reporting experience, advanced Excel skills, financial planning experience, and real estate experience are required. MRI or Yardi experience a plus.

Key Skills and Core Values:

• Collaboration with Thalhimer's accounting and property management teams
• Client Focus addressing questions and requests for information from owners and asset managers.
• Results Focused and ability to work independently.
• Continuous Improvement, make recommendations
• Excellence

Responsibilities:

• Prepare monthly financial statements & supporting schedules

• Practical understanding of accounting principles

• Monthly bank reconciliations, research and resolve reconciling items

• Mortgage escrow account reconciliations

• Journal entries, including accruals, depreciation and amortization, etc.

• Balance sheet reconciliations

• Record transactions from a closing statement

• Calculate distributions to owners

• Monitor cash flow and accounts payable

• Validate/calculate monthly management fee calculation

• Assist owners with year-end audit/tax reporting

• Develop and update short- and long-term cash forecasts to assess available liquidity and support owner distribution planning

• Assist with the onboarding of new properties, record activity from prior manager, monitor utility, mortgage, and other sensitive vendor

• Monthly bank reconciliations for master accounts and resolution of reconciling items

• Special projects

• Train and support accounting team members