Real Estate Accounting Specialist at Forest Properties Manag

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 & Benefits:

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

Equal Opportunity Employer

Compensation details: 90000-100000 Yearly Salary

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