KBW Financial Staffing & Recruiting ยท 1 day ago
Property Accountant
Boston, MA
Full-time
Hybrid
Mid Level
$80K/yr - $90K/yr
3+ years expKBW Financial Staffing & Recruiting is looking for a Property Accountant to manage and analyze financial transactions related to real estate properties. The role involves auditing the general ledger, preparing journal entries, and ensuring the accuracy of financial statements and reports.
CrowdfundingFinancial ServicesHuman Resources
Responsibilities
Manage, analyze and audit all aspects of the general ledger to ensure accuracy of transactions and investigate and resolve any and all discrepancies with property management staff, if necessary
Prepare and enter journal entries to the general ledger as needed
Review and update recurring journal entries on a monthly basis for accuracy prior to posting to general ledger
Analyze monthly GAAP financial statements, and prepare all supporting schedules as required
Performs daily and/or monthly cash management responsibilities, including wire transfers, cash projections and weekly priority selection of invoices
Calculates and processes for payment the monthly management and accounting fees
Processes the monthly mortgage, escrow payments and other recurring payables
Responsible for paying the Real Estate Taxes and Insurance for assigned portfolio
Each month monitors security deposit cash and ensures that all accounts are fully funded
Prepare monthly bank statement reconciliations and resolve all reconciling items in a timely manner
Review coding of invoices to fixed asset accounts to verify they are legitimate capital items
Analyze and true up, on a monthly basis, all prepaid expenses and monthly operating accruals for assigned properties
Audit and ensure accuracy of various subsidiary reports and reconcile to general ledger, such as Rent Roll, AP Aging, Open Status Report, and Security Deposit Ledger for assigned portfolio
Serve as a resource and assist with preparation of portfolio annual budgets
Prepare interim and annual audit work paper package for year-end external audits
Qualification
Required
3 years of Property Accounting or public accounting with real estate clients
Yardi
Company
KBW Financial Staffing & Recruiting
KBW Financial Staffing & Recruiting is a staffing and recruiting company providing accounting and financial placement services. It is a sub-organization of BANKW Staffing.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Jason Alexander
Chief Revenue Officer (CRO)
Matt Nagler
Managing Partner
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