Cornerstone HR Advantage LLC
Senior Portfolio Accountant Real Estate
Boston, MA, United States · Senior
Sponsorship not specifiedDetected 3756 days ago
AccountingBudgetingExcelCommunicationOrganizational SkillsGAAPAccounts Payable
About the role
- Senior Portfolio Accountant - Boston, MA The position of Senior Portfolio Accountant reports to the Controller of Portfolio Accounting.
- Essential Duties and Responsibilities: Review monthly and quarterly third-party property management reports to ensure compliance with GAAP and funds' policies, procedures, and guidelines.
- Review and summarize variances between ' actual results and their corresponding approved plans and/or pro forma purchase underwriting.
Responsibilities
- Prepare various quarterly analytical reports, budget variance narratives, and other support in connection with the focus meetings.
- Provide ongoing support to the Asset Managers, Controller, Assistant Controller and Manager for assigned portfolios.
- Assist in the review of various functional areas in support of the property accounting for the Light Industrial Platform, as needed.
Requirements
- Bachelor's degree.
- Must have 4+ years of accounting experience, three years of which must include relevant property management or real estate accounting experience.
- Exceptional organizational skills, with the ability to multitask, prioritize, and meet and enforce established deadlines.
- Prior supervisory experience required.
- 4+ years of accounting experience, three years of which must include relevant property management or real estate accounting experience.
Nice to have
- Finance or accounting preferred.
- Significant experience with property management software. (Yardi preferred.)
Compensation
- Act as a resource to third-party accountants in relevant accounting policies, procedures and systems including: cash collections and disbursements, accounts receivable monitoring, annual budget preparation, intercompany accounting and cash forecasting.
- Supply documentation to support quarterly and annual financial statements for investors and lenders.
- Assist in the annual business planning, budgeting, and reforecasting processes for multiple portfolios.
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