Senior Property Accountant

Reports To: Controller, 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 r econciliations

- 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