Macdonald & Company · 1 day ago
Senior Property Accountant - Baltimore
DC-Baltimore Area
Full-time
Onsite
Mid, Senior Level
4+ years expMacdonald & Company is seeking a Senior Accountant - Property to join a vertically integrated real-estate development, investment and management firm in Baltimore. The Senior Property Accountant will be responsible for day-to-day accounting duties for a dedicated commercial real estate portfolio, including maintenance of the general ledger and preparation of financial reporting packages.
Professional ServicesRecruiting
Hiring Manager
Charlie Rowan
Responsibilities
Maintain the general ledger system and reconcile accounts, create journal entries and adjustments to ensure accuracy and completeness, and maintain appropriate supporting schedules in Excel
Ensure A/P coding accuracy and timeliness for select properties, working with the Asset Management team on coding as needed. Ensure all real estate tax and insurance payments are made timely to avoid penalties; work with the A/P team to ensure utility payments are complete and current
Calculate monthly management and other fees in accordance with governing documents and ensure properly reflect in the financial statements
Prepare and analyze financial statements during the month end close, including balance sheets, income statements, and cash flow statements. Ensure adherence to deadlines, accuracy and compliance with accounting policies/standards and formats requested by partners
Conduct financial analysis to support decision-making processes. Provide insights on key financial metrics, trends, and performance indicators
Prepare accurate and timely monthly bank reconciliations, enter wires and support manager in cash management activities for assigned properties
Work closely with Lease Administration and Asset Management teams to review lease data for accuracy and understand key lease terms, and ensure accurate financial billing, accounting and expense reconciliations. Coordinate on tenant inquiries and account reconciliations as needed
Prepare calculation support for the monthly and/or quarterly capital calls and distributions to investors/partners
Assist with year-end package preparation for external auditors and tax preparers, and reviewing audits/returns for accuracy
Assist in preparation of operating and capital budgets; coordinating with Asset Management to ensure they have information to make informed budgeting decisions
Build a positive relationship with internal and external business partners; work to identify and resolve challenges, collaborate, support budget and other process initiatives and efforts, and be recognized as a trusted advisor and partner
Provide feedback on opportunities for process improvement, efficiency enhancements and strengthening internal controls. Support the implementation of best practices to streamline workflows and increase productivity
Portfolio specific responsibilities as required
Qualification
Required
BS/BA degree in accounting or finance
4-6 years of property accounting experience
Strong Microsoft Office skills, including Excel, Word and Outlook
Strong analytical skills
attention to detail
verbal and written communication skills
Preferred
lease admin experience
Experience with retail shopping centers
Yardi experience
Company
Macdonald & Company
Macdonald & Company is the leading professional recruitment consultancy for the real estate and built environment sectors. It is a sub-organization of Prime People.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Peter Moore
Group Chief Executive Officer
Recent News
Hong Kong Business
2025-03-12
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