Review monthly GL close and internal/external reporting ensuring all financial reports are prepared accurately and on a timely basis
Review property cash flow - coordinate both distributions to partners and/or capital calls issued to partners as needed
Review year-end CAM escalations, real estate tax escalations and other recovery calculations
Assist with creating financial models for the acquisition, development and divestiture of institutional sized real estate transactions
Interface with independent auditors and tax preparers in the preparation of annual audits and tax returns for multi-tier partnership structures
Review and analyze property operating budgets for timely distribution to senior management, partners and /or lenders
Review complex joint venture agreements and prepare abstracts related to capital distributions/capital calls and allocation on profit and loss both for tax and GAAP
Review loan agreements and oversee compliance with payment terms and debt covenants
Review construction draw requests and interface with respective lenders and institutional investors
Review construction budgets for development and tenant improvement projects and analyze actual to budget variances. Review and estimated costs to complete the construction projects on a monthly basis.
Ensure compliance with cost control procedures for purchasing goods and services
Special projects as needed
A bachelors degree in accounting with a minimum of 7-10 years of progressive accounting experience
Real estate industry experience preferred
5 years supervisory experience
The ability to work efficiently and effectively to meet deadlines and work with multiple departments/managers and assignments simultaneously
Excellent analytical, communication and interpersonal skills
140k plus bonus
Job details are sourced from the employer's original posting.
