Sr. Property Accountant

Stream Data Centers

$80K — $100K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, finance, or related field.
  • 3+ years of property accounting or finance experience, preferably in real estate development or construction.
  • Experience with project accounting and managing lender draw processes.
  • Strong understanding of GAAP and financial reporting.
  • Advanced Excel skills for financial modeling and analysis.
  • Excellent communication and collaboration skills across teams.
  • Detail-oriented with the ability to manage multiple priorities in a fast-paced environment.

Responsibilities

  • Collaborate with finance, construction teams, and external stakeholders to meet financial objectives.
  • Prepare financial reports for external parties, including lenders and property owners.
  • Support audit processes and ensure compliance with accounting standards.
  • Review monthly draw packages for accuracy in lender documentation.
  • Process accounts payable and receivable for various data center projects.
  • Coordinate with treasury management on bank reconciliations and transactions.
  • Ensure accuracy of journal entries and financial reports for compliance.

Benefits

  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan (401k, IRA)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
  • Short Term & Long Term Disability
  • Training & Development
  • Wellness Resources
Full Job Description
POSITION OVERVIEW:

We are seeking a meticulous and detail-oriented Property Accountant to join our team. The Property Accountant will play a crucial role in managing financial aspects related to the development and construction of data center projects. This position offers an exciting opportunity to work with a growing team as it rockets towards the future.

RESPONSIBILITIES:
  • Work closely with the finance team, construction teams and external stakeholders to ensure financial objectives are met and reported accurately.
  • Produce financial reporting for external parties including lenders and building owners.
  • Support both external and internal audit processes and ensure compliance with accounting standards and company policies.
  • Review monthly draw packages and ensure that all the correct information is in the lender certificates and draw documents that are required for JV's and loans.
  • Process accounts payable and accounts receivable for multiple data center developments and ensure correct job cost coding and job cost structure.
  • Work with treasury management on new accounts, bank reconciliation, wires and deposit details.
  • Ensure that all journal entries and monthly ledgers are accurate for monthly and quarterly financial reporting and prepare lender compliance certificates as needed/required by property.

Requirements

MINIMUM QUALIFICATIONS:
  • Bachelor's degree in accounting, finance, or related discipline is required.
  • 3+ years of experience in property accounting or finance with a strong understanding of General Ledger and financial reporting (preferably in real estate development, construction, or a related industry) is required
  • Experience with project accounting, capital expenditure management and lender draw processes are required
  • Strong understanding of financial principles and practices, including GAAP is preferred
  • Experience in financial modeling and analysis, with advanced Excel skills is required
  • Excellent communication skills and ability to collaborate effectively with cross- functional teams
  • Detail-oriented and able to manage multiple priorities in a dynamic environment
  • Experience working in a fast-paced environment with high levels of ambiguity
  • High regard for accuracy and completeness

PREFERRED QUALIFICATIONS:
  • Familiarity with Yardi and/or Netsuite

Benefits
  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan (401k, IRA)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
  • Short Term & Long Term Disability
  • Training & Development
  • Wellness Resources


The pay range for this role is between $80,000 - 100,000 (base). Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons. Stream Data Centers offers annual bonus, benefits, flexible time off (vacation), 401k and a variety of other perks and benefits.

Note: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

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