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Forest Properties Management, Inc. seeks an experienced Property Accountant for our Corporate office located in Cambridge, MA. The Property Accountant will own the full monthly accounting cycle for a subset of properties within the portfolio.
Essential Duties and Requirements
Property Accounting Management:
- Manage high volume of Accounts Payable and ensure timely payments of invoices including utilities
- Input General Ledger and expense accrual journal entries into Real Page.
- Process weekly manual check payments for site renovation projects.
- Reconcile credit card statement for site expenses.
- Provide copies of invoices, payments, and financial statements on a monthly basis
- Assist with annual site budgets and forecasts.
- Quarterly Balance Sheet account reconciliations.
Property Account Financial Reporting:
- Perform bank reconciliations and check registers for all accounts.
- Perform security deposit refunds, research NSFs, stop payments and reissue checks
- Perform monthly vendor aging analysis
- Prepare monthly financial statements including Balance Sheet, Income Statement and Cash Flows
- Explain current and year-to-date revenue and expense variances on monthly financial statements
- Generate monthly billing comparison report and analysis.
- Reconcile monthly utility expenses for assigned properties.
Corporate Accounting
- Assist with the year-end close process. Includes preparing lead schedules, supporting schedules, and audit binder reports.
- Collect and distribute mail within the Corporate office.
- Other duties as required.
Qualifications and Skills:
- Bachelor's degree in Accounting, Finance, or Business Administration preferred.
- 3-5 years' experience in Real Estate accounting or relevant Accounting work experience.
- Proficiency with Microsoft Excel and Word as well as RealPage, OneSite, or similar real estate management software.
- Strong grasp of GAAP and competence in financial analysis, especially in the context of residential properties
- Proficiency in bank reconciliation and financial statement analysis
- Ability to handle multiple tasks, deal with diverse problems, work under pressure, and meet deadlines.
Compensation is based upon qualifications and experience. We offer a great working environment and a competitive compensation package including medical, dental, and vision insurance, fully paid life insurance, 401(k); paid time off (vacation, sick, and holiday). May be eligible for a discretionary performance-based bonus.
Application Process:
The incumbent must be able to provide eligibility to work in the USA upon hire. For consideration, be sure to attach your resume to the online application.
About Us:
Visit Forest Properties online to learn more about the Company and our properties.
Equal Opportunity Employer
Seniority level
Seniority level
Mid-Senior level
Employment type
Employment type
Full-time
Job function
Job function
Accounting/Auditing and Finance
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