Our client has a full-time opening for a Commercial Real Estate Property Accountant in the corporate office in Baltimore, Maryland. They are a privately held commercial real estate development company with properties throughout Maryland, Virginia, North Carolina, and Florida.Position Summary:The Property Accountant will be assigned a portfolio of properties and be responsible for the property level general ledger accounting, variance analysis, annual budget process, and special projects as assigned.Responsibilities Include:
- Perform budget and reforecast input and analysis
- Assist with quarterly property valuations
- Maintain general ledgers
- Prepare and process monthly journal entries.
- Provide detailed explanation of income statement variances
- Review leases and leasing activity to ensure accurate billing
- Prepare CAM/RE Tax/Insurance/Utility reconciliations as needed per the terms of the lease.
- Establish and maintain relationships with tenants and work to resolve disputes related to recoverable expenses.
- Interpret the language of leases in order to set up recoveries for tenants
- Analyze recovery rates and expenses as they relate to or affect property, CAM budgets.
- Provide backup support as needed. Review and understand A/P, A/R, and Lease Administration entries, reports and schedules.
- Maintain thorough knowledge of the Lease provisions.
- Assist with audits
- Position is located in Baltimore, Maryland
Required Skills and Experience:
- Minimum education level of Bachelor’s degree in Accounting or significant related experience
- Minimum of three (3) years work experience in either Accounting or Commercial Real Estate capacity required
- Experience in Yardi and/or Argus a plus
- Ability to prioritize tasks and thrive in a high volume, deadline-oriented environment
- Excellent analytical skills and proficiency in Microsoft Word, Excel, and Outlook are critical
- Ability to work independently with minimal supervision, and take initiative to investigate and resolve problems using sound judgment
- Excellent attention to detail and accuracy a must
- Must be comfortable reading and deciphering legal documents
- Must be dependable, punctual, and reliable with a strong work ethic
- Team oriented and team player
- Regular attendance is an essential function of the job
- Fluent in English
- Must pass drug screen
- May be subject to background check
- Valid driver’s license a plus
What they offer:The Company offers a generous and robust benefits package to all full-time employees including many employer-sponsored benefits: Dental insurance, Long and Short-Term Disability, Group Life Insurance, Group Long Term Care Insurance, and Medical Insurance that is 100% employer paid up to the
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