Title: Property Lease Accountant
Location: McLean, VA (Hybrid – after probationary period of 90 days)
Salary: 70K to 90K + Bonus
POSITION SUMMARY:
Cordia by Cherry Bekaert is currently seeking am experience Property Accountant who will be responsible for full general ledger accounting functions for an assigned portfolio of commercial real estate properties. This position will report to a Controller.
RESPONSIBILITIES:
• Prepare monthly financial packages for owners.
• Analyze General Ledger activities for accuracy and determine if reclassification is needed.
• Work closely with Project Managers regarding monthly and quarterly deliverables and journal entries reclassification.
• Prepare monthly and quarterly lender compliance reports.
• Prepare monthly and quarterly complex upper tier distribution schedules and portfolio distribution schedules.
• Prepare and maintain Excel spreadsheet workbooks for the assigned portfolios.
• Perform weekly and monthly bank reconciliation for each property in the assigned portfolio for weekly cash management reports and month-end close.
• Perform monthly management fees calculation in MRI and Yardi Accounting System as well as Excel Spreadsheet calculation.
• Prepare lender draw packages for submission in compliance with loan requirements.
• Prepare Accounting Assumptions for Insurance, Real Estate taxes, Accounting Fees, Escrows & Reserves and Loan Amortization schedule in annual budget process.
• Approve invoices in Nexus (AP Software) at least 3 times a week, submit invoices for payment and batch checks for payment in MRI Accounting Software
• Work closely with AP staff to be sure invoices are paid timely.
• Handle special projects as assigned.
• Other duties as assigned.
QUALIFICATIONS:
• Bachelor’s degree in accounting or finance, CPA or CPA candidate is a plus.
• Minimum of 4-6 years of accounting experience
• Ability to prioritize, multi-task and work in a fast-paced environment and meet tight deadlines.
• Commercial real estate background is a plus, as well as experience working with MRI, Yardi and NEXUS
• Must be a team player and flexible with competing priorities.
• Work well under pressure and thrive in a fast-paced environment with competing priorities.
Cordia by Cherry Bekaert: Is a leading national recruiting and staffing firm that is part of the Advisory services of Cherry Bekaert. Headquartered in the Washington, DC area we focus on building strong relationships with employers and job seekers, like you, because we care about opening new doors to career opportunities and helping our clients grow. Cordia Resources by Cherry Bekaert supports diversity, inclusivity, and belonging in their hiring practices. All qualified employees are encouraged to apply regardless of race, color, religion, sex, national origin, age, disability, veteran status, marital status, sexual orientation, gender identity, or any other characteristic protected by applicable law.
IND123