Chestnut Hill, MA, USA
4 days ago
Senior Accounting Manager - Real Estate
Kforce's client, a highly successful Real Estate Developer is in search of a Senior Accounting Manager in Chestnut Hill, MA. The company offers a highly proven career trajectory, an excellent compensation plan and the chance make a significant impact within the organization. Responsibilities: * Oversee a portfolio of properties, directly supervising Managers, Senior Property Accountants and Property Accountants; Supervision of staff and mentoring are key to this role * Work directly with Investment Managers, who oversee all aspects of properties, on asset health, investor and lender reporting and analysis, and providing data and insight * Oversee, monthly, quarterly and year end closings for properties in accordance with GAAP, tax basis and cash basis accounting procedures * Ensures accounting systems and process controls are following company standards and best practices; Propose enhancements to controls where needed * Responsible for managing and ensuring that all tenant billings including CAM, RET, and general billback are performed accurately and timely * Review and analysis of budgets prepared by accounting and cross functional team members * Work with the independent CPA firm to produce Audited Financials for entities as required; Provide required support for year-end audit or other financial inquiries * Review compliance with loan agreements that include debt covenant compliance, debt yield and debt service coverage tests and all other ongoing monitoring of the loans; Review all loan draws provided to the lenders * Oversee the cash management for each property that will include distributions, capital calls and investment of excess cash in certain investments (sweeps, money markets, etc.) * Review REIT compliance and planning related
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