The Hire Solution has partnered with a reputable and growing real estate investment firm located in downtown Austin for the position of Property Accountant or Senior Property Accountant. This exciting group is responsible for over $4.1 Billion in assets primarily consisting of housing, healthcare, storage, and education industries. Primary duties will include:
· Financial statement analysis, balance sheet, income statement, general ledger
· Provide timely and accurate reporting of the financial operations of assigned properties. This includes
· financial reporting, escrow analysis, and supervision of various external accounting teams.
· Monthly analysis of various financial statements in multiple forms – reviewing all balance sheet accounts
· and explanations of significant variances in income statement accounts
· Review and approve monthly cash distributions from the properties
· Develop and monitor templates specific to each property’s specifications
· Quarterly reporting packages on the assigned properties
· Assist Director of Property Accounting with monthly reporting and various projects
· Work with Asset Management team to forecast and budget property performance
· Work with Asset Management team to produce necessary reports and answer questions about property accounts
· Fund accounts receivable and payable at property level in internal accounting system
· Review tax returns for accuracy relating to information from property financial statements
· Assist with fund level accounting responsibilities through means of monthly duties and on an ad hoc
· basis. This includes, cash flows, departmental reporting, debt compliance, and year-end tax/audit duties.
· Administrative tasks such as saving all files in Virtus format in respective folders and confirming monthly deliverables
Requirements
· Ability to work the U.S. without sponsorship
· Degree in Accounting, Finance, or related subject
· 5+ years of experience with commercial real estate accounting
· Multiple entity property accounting
· Must be organized, meticulous, and extremely detailed
· Professional communication and ability to work with all operating partner
· Assertive and collaborative mind set
· Ability to work overtime, when required