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Portfolio Accountant

hiring now

Capital Square

2021-12-03 09:02:09

Job location Richmond, Virginia, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Fast Growing National Real Estate Investment and Management Company

seeking a Portfolio Accountant for Multi Family to join our ever growing team!


Overview

The Portfolio Accountant will be responsible for maintaining complete and accurate financials for an assigned portfolio of properties. This entails performing accounting transactions at the master lessee, DST, and sponsor level and ensuring intercompany cash flows are balanced and accurate.


Responsibilities

  • Manage daily cash account transactions
  • Reconcile bank and lender statements monthly
  • Balance intercompany accounts monthly
  • Journal entry accounting
  • Review third party property level monthly reports for accuracy and completeness
  • Communicate reporting issues and provide correcting entries to third party property management
  • Analyze financial data for variances and provide explanations and/or corrective action
  • Abstract lease and loan documents to extract financial information and reporting requirements
  • Prepare financial reports for lenders and internal use for assigned portfolio
  • Receive rent payments on invoices and allocate payment appropriately
  • Organize and maintain files for all financial support
  • Assist with audit requests and year-end tax preparation


Education and Skills

  • Bachelor's degree in accounting or related discipline
  • 1-5 years accounting experience, preferably in real estate
  • Demonstrates full understanding of general ledger & sub-ledger accounting
  • Technology proficient, including Microsoft Office
  • Understanding of cash basis accounting
  • Experience using Yardi desirable


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