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Project Accountant 15582380

Arlington, VA
Nationally Recognized Commercial Real Estate Firm
Project Accountant ($65-85k salary + bonus)
Hybrid Environment (Arlington, VA)

Our client is a well-respected Real Estate firm focused on daily financial and operational management of commercial real estate assets. Located in Arlington, VA, the organization is ideally situated to provide a superior service, to the mid-Atlantic region. They’re seeking a Project Accountant to join their growing team of top-notch Property Management professionals. The ideal candidate is a proactive self-starter with a service-oriented mindset. The organization is big on internal promotion and this position is primed for a young professional looking for growth. Salary will be $65-80k with a strong work life balance.

Roles and Responsibilities
  • Responsible for the general ledgers for assigned properties, including monthly journal entries, income and expense accruals, expense recovery true-ups review, GAAP adjustments and bank reconciliations.
  • Understanding of accounts payable (AP), accounts receivable (AR), cash receipts and lease administration functions of commercial real estate and how they drive the financial results of assigned project.
  • Prepare monthly and quarterly reporting packages on the assigned portfolio of properties. The packages include analyses and support schedules of all balance sheet account and explanations of significant variances in income statement accounts.
  • Review annual expense reconciliation schedules and billings to tenants.
  • Prepare detailed interim and year-end working papers and support schedules requested by internal and external auditors.
  • Work with the external auditors and prepare the draft annual financial statements and notes.
  • Assist with audits in terms of research, analysis, documentation and response
  • Responsible for the annual property budget and quarterly forecast review. This includes review of the lease and expense data in the prescribed software to generate revenue, expense and capital budget/forecasts, and preparation of property GAAP adjustments.
  • Assist in preparation of the budget/forecast packages including detailed analysis of the revenue, expense and capital components.
  • Prepare monthly cash forecast
  • Assist Managers and Controllers with ad hoc requests.
  • Handle special projects, as assigned.

Qualifications and Education Requirements
  • 2+ years of public accounting and/or commercial real estate accounting experience preferred
  • Knowledge of GAAP (real estate is preferred)
  • Understanding of property management in relation to financial accounting, recoveries, budgeting and forecasting     
  • Bachelor`s degree in Accounting preferred; CPA a plus, but not required
  • Experience in MRI, Yardi, Skyline, JD Edwards, CTI systems desired
  • Proficiency in PC-based software such as Microsoft Excel


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