• location: King of Prussia, PA
  • type: Permanent
  • salary: $80,000 - $90,000 per year
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job description


job summary:
Overseeing accounting activities, financial reporting, reviewing and approving monthly property expenses and assists with operating budgets and audits.

location: King Of Prussia, Pennsylvania
job type: Permanent
salary: $80,000 - 90,000 per year
work hours: 9 to 6
education: Bachelor's degree
experience: 2 Years
  • Oversee accounting duties for commercial properties.
  • Prepare accrual-based financial statements for assigned portfolio

    Analyze the general ledger for each property, prepare journal entries, calculate accruals and adjustments and maintain detailed work paper files
  • Prepares monthly, quarterly and year-end work papers, corresponding financial statements and lender reporting packages along with monthly sales and uses tax returns and monthly U & O Forms.
  • Creates monthly asset management reports, cash flow analysis.
  • Reviews the monthly bank recs, monthly rent up, management fees, variance reports and monthly utility billings to tenants.
  • Prepares all lender operating expense draw requests, straight line rent recognition schedules in accordance with applicable leases, and annual CAM reconciliations
  • Reviews and approves all CAPEX, Tenant Improvement, and Leasing Commissions Draws to our Lenders / Services. Which includes the review and approval of all Leasing Commission and Construction Management Fee calculations.
  • Assess and approve monthly posting of depreciation/amortization for assigned entities and select weekly A/P payments.
  • Coordinates with property managers to ensure that all expenses have been correctly reflected on financial statements.
  • Assists in preparation of annual operating budgets and in compiling information for distribution to auditors during annual audit process.
  • Significant support in ad hoc special projects and performs other duties as assigned.
  • Bachelor's degree in finance or accounting.
  • MRI or comparative real estate accounting software experience preferred.
  • 2+ years of related experience, commercial real estate industry experience strongly preferred or someone out of public accounting.
  • Creative, detail oriented and strong problem solving, negotiating and analytical skills.
  • Thorough knowledge of general accounting principles.
skills: Property Accounting, Property Management
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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