Property Accountant
 JLL | |
 United States, New York, Brooklyn | |
 Dec 21, 2024 | |
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As the Property Accountant, you'll take on a pivotal role in providing comprehensive accounting support to the property management team, as well as the client. Your expertise and attention to detail will be instrumental in maintaining accurate financial records, analyzing financial data, and providing valuable insights to support strategic decision-making. Join our team and unlock the potential for career growth and professional development in a stimulating, complex, and collaborative work environment.
630 Flushing Ave. is a 600,000 square foot commercial building located in the E. Williamsburg area. The building use is office and manufacturing, and has undergone the largest repositioning in the Brooklyn borough. Formerly owned by Pfizer, come work at the same building as Silver Spoon Animation Studio, Pratt Institute, Cook Unity, and dozens of other innovative companies! Principal Accountabilities Financial Reporting - prepare and distribute monthly financial reports and financial statements. Accounts Receivable - record payment receipts, review and bill tenant recurring charges and billing adjustments, perform tenant ledger reconciliations, and monitor tenant collections. Accounts Payable - process invoices with appropriate coding and approvals, and ensure proper audit trail is in place, assist client with monthly check runs. Tenant Billing - review leases and leasing activity to ensure accurate billing, process any additional tenant invoicing for utilities, reimbursements, etc. Budgeting - assist with annual budget preparation - compile key assumptions and capital budget information, maintain lease level budgeting for all tenants, review and enter budget information into the accounting system, process estimates for miscellaneous income and specialty leasing. Quarterly Reforecast - prepare quarterly forecast and gather information for the quarterly financial reports. Annual Year-End Reconciliation Process - CAM, percentage rent, insurance utilities, sewer/trash, real estate taxes, etc. Ad hoc projects, as needed. Competencies Adaptability - maintains effectiveness in varying environments, tasks, and responsibilities, or with various types of people. Planning and Organizing - establish course of action to accomplish goals and evaluates results, develops schedules and task/people assignments, can orchestrate multiple activities at once to accomplish goals, uses resources effectively and efficiently. Client Focus - dedicated to meeting the expectations and requirements of the client, acts with customer in mind, establishes and maintains effective relationships with customers, and gains their trust and respect. Dealing with Ambiguity - can effectively cope with change, can shift gears comfortably, can decide and act without having the total picture, can comfortably handle risk and uncertainty. Learning on the Fly - learns quickly when facing new problems, open to change, quickly grasps the essence and underlying structure of ad hoc projects, enjoys the challenge of unfamiliar tasks. Drive for Results - can be counted on to exceed goals successfully, bottom line oriented, and pushes self and other for results. Qualifications B.S./B.A. - Accounting 3-5years commercial real estate accounting experience required. Microsoft office product knowledge, proficiency in Excel. Yardi real estate accounting software proficiency is required. | |