Reports To: Director, Client Accounting
Primary Function: Maintain financial statements for commercial and multifamily real estate properties
Education: BS Degree in Accounting, CPA preferred. Minimum five years' work-related experience
Qualifications: Accounting experience including financial statement reporting, bank reconciliations and journal entries. GAAP reporting experience, advanced Excel skills, financial planning experience, and real estate experience are required. MRI or Yardi experience a plus.
Key Skills and Core Values:- Collaboration with Thalhimer's accounting and property management teams
- Client Focus addressing questions and requests for information from owners and asset managers.
- Results Focused and ability to work independently.
- Continuous Improvement, make recommendations
- Excellence
Responsibilities:- Prepare monthly financial statements & supporting schedules
- Practical understanding of accounting principles
- Monthly bank reconciliations, research and resolve reconciling items
- Mortgage escrow account reconciliations
- Journal entries, including accruals, depreciation and amortization, etc.
- Balance sheet reconciliations
- Record transactions from a closing statement
- Calculate distributions to owners
- Monitor cash flow and accounts payable
- Validate/calculate monthly management fee calculation
- Assist owners with year-end audit/tax reporting
- Develop and update short- and long-term cash forecasts to assess available liquidity and support owner distribution planning
- Assist with the onboarding of new properties, record activity from prior manager, monitor utility, mortgage, and other sensitive vendor
- Monthly bank reconciliations for master accounts and resolution of reconciling items
- Special projects
- Train and support accounting team members
