Core Spaces
Overview
Join to apply for the
Senior Associate, Property Accounting
role at
Core Spaces . As a potential candidate, you will be involved in preparing and analyzing financial results of operational properties, including GAAP financial statements, forecasts, investor reporting packages, general ledger review, variance analysis, and audited financial statements. The role may include coaching and development of staff. Who We Are
Core Spaces (Core) is a real estate company that emphasizes building relationships and innovating in living spaces. Our six cultural values guide us daily:
PUSH
(Invent Better Places to Live),
GRIT
(We Got This),
LIFT
(Help Each Other Win),
SHINE
(Bring Your Full Self),
UPHOLD
(Never Break Trust),
GROW
(Always Get Better). Everything Core does stems from this culture of collaboration and innovation, aimed at improving the resident experience. Responsibilities
Perform monthly, quarterly, and annual accounting activities, including organization, reconciliation, and review of financial reports. Work with the operations team to ensure accurate information is provided and the reporting calendar is met. Research monthly variances from budget and assist with variance explanations. Assist site teams and asset managers with annual budget preparation. Lead the distribution of financial reporting packages to lenders and partners. Review and ensure compliance with accounting policies and procedures; resolve related issues. Perform monthly account analyses to ensure accounts reflect the Company’s financial position per policy and GAAP. Review ledger detail, prepare/ review adjusting journal entries and supporting schedules for GAAP-based statements. Prepare property financial statements and supporting schedules monthly. Coordinate audit/investor inquiries pertaining to operating financials. Prepare property acquisition and disposition journal entries. Lead onboarding and setup of property acquisitions. Prepare lender reporting packages and debt covenant calculations; work with accounting manager to ensure loan compliance. Review bank reconciliations and journal entries as needed. Provide guidance on Core’s accounting policies by leading training sessions across departments. Calculate ownership distributions using cash flow analysis. Manage fixed assets in Sage and perform quarterly roll-forward reconciliations. Assist the Property Accounting Manager with ad hoc projects as needed. Occasional travel may be necessary. Perform other duties as assigned by management. Must be able to meet physical requirements of the role with or without reasonable accommodation. Qualifications
Bachelor's degree in Accounting 4+ years of relevant experience Detail oriented with ability to problem solve, research, and multi-task Strong knowledge of GAAP compliance Experience with accounting software programs Proficiency in MS Outlook, Excel, Word Excellent interpersonal and organizational skills Ability to multi-task and manage shifting priorities in a fast-paced environment Attention to detail and high level of accuracy Preferred Experience
Real Estate Development or Construction Accounting Entrata Accounting Software Yardi experience Organizational Structure
Reports to: Property Accounting Manager Direct Reports: N/A Benefits
A culture that provides you with a sense of belonging Hybrid or remote work options may vary by role to support work-life balance Competitive pay that values your contributions Incentives designed to reward your achievements Paid flexible PTO to disconnect or celebrate life milestones Paid 15 holidays, including your birthday, to disconnect and celebrate Paid Parental Leave after 90 days Paid volunteer time off Monthly workshop weeks; fewer meetings, more collaboration Robust health plan options Monthly phone reimbursement Wellness allowance and annual meditation app subscription Opportunities to share your perspectives Employee Assistance Program (EAP) Company retirement options including 401(k) + matching & Roth option Compensation
Pay Range: USD $85,000.00 - USD $95,000.00 /Yr. Eligible for discretionary bonuses typically 5-10% of base salary, depending on performance. Employment type
Full-time Seniority level
Mid-Senior level Disclaimer: Job responsibilities, reporting lines, and duties are subject to change to meet evolving needs of the organization. Core Spaces is an Equal Opportunity Employer and values diversity, providing an equitable environment for all employees.
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Join to apply for the
Senior Associate, Property Accounting
role at
Core Spaces . As a potential candidate, you will be involved in preparing and analyzing financial results of operational properties, including GAAP financial statements, forecasts, investor reporting packages, general ledger review, variance analysis, and audited financial statements. The role may include coaching and development of staff. Who We Are
Core Spaces (Core) is a real estate company that emphasizes building relationships and innovating in living spaces. Our six cultural values guide us daily:
PUSH
(Invent Better Places to Live),
GRIT
(We Got This),
LIFT
(Help Each Other Win),
SHINE
(Bring Your Full Self),
UPHOLD
(Never Break Trust),
GROW
(Always Get Better). Everything Core does stems from this culture of collaboration and innovation, aimed at improving the resident experience. Responsibilities
Perform monthly, quarterly, and annual accounting activities, including organization, reconciliation, and review of financial reports. Work with the operations team to ensure accurate information is provided and the reporting calendar is met. Research monthly variances from budget and assist with variance explanations. Assist site teams and asset managers with annual budget preparation. Lead the distribution of financial reporting packages to lenders and partners. Review and ensure compliance with accounting policies and procedures; resolve related issues. Perform monthly account analyses to ensure accounts reflect the Company’s financial position per policy and GAAP. Review ledger detail, prepare/ review adjusting journal entries and supporting schedules for GAAP-based statements. Prepare property financial statements and supporting schedules monthly. Coordinate audit/investor inquiries pertaining to operating financials. Prepare property acquisition and disposition journal entries. Lead onboarding and setup of property acquisitions. Prepare lender reporting packages and debt covenant calculations; work with accounting manager to ensure loan compliance. Review bank reconciliations and journal entries as needed. Provide guidance on Core’s accounting policies by leading training sessions across departments. Calculate ownership distributions using cash flow analysis. Manage fixed assets in Sage and perform quarterly roll-forward reconciliations. Assist the Property Accounting Manager with ad hoc projects as needed. Occasional travel may be necessary. Perform other duties as assigned by management. Must be able to meet physical requirements of the role with or without reasonable accommodation. Qualifications
Bachelor's degree in Accounting 4+ years of relevant experience Detail oriented with ability to problem solve, research, and multi-task Strong knowledge of GAAP compliance Experience with accounting software programs Proficiency in MS Outlook, Excel, Word Excellent interpersonal and organizational skills Ability to multi-task and manage shifting priorities in a fast-paced environment Attention to detail and high level of accuracy Preferred Experience
Real Estate Development or Construction Accounting Entrata Accounting Software Yardi experience Organizational Structure
Reports to: Property Accounting Manager Direct Reports: N/A Benefits
A culture that provides you with a sense of belonging Hybrid or remote work options may vary by role to support work-life balance Competitive pay that values your contributions Incentives designed to reward your achievements Paid flexible PTO to disconnect or celebrate life milestones Paid 15 holidays, including your birthday, to disconnect and celebrate Paid Parental Leave after 90 days Paid volunteer time off Monthly workshop weeks; fewer meetings, more collaboration Robust health plan options Monthly phone reimbursement Wellness allowance and annual meditation app subscription Opportunities to share your perspectives Employee Assistance Program (EAP) Company retirement options including 401(k) + matching & Roth option Compensation
Pay Range: USD $85,000.00 - USD $95,000.00 /Yr. Eligible for discretionary bonuses typically 5-10% of base salary, depending on performance. Employment type
Full-time Seniority level
Mid-Senior level Disclaimer: Job responsibilities, reporting lines, and duties are subject to change to meet evolving needs of the organization. Core Spaces is an Equal Opportunity Employer and values diversity, providing an equitable environment for all employees.
#J-18808-Ljbffr