Description:
LHH is working with a thriving real estate development and investment firm with a portfolio exceeding $1 billion. They specialize in multi-family residential, industrial, commercial, and hospitality assets throughout the U.S., and they are currently seeking a highly motivated, analytical Senior Property Accountant with a robust background in full-cycle development, property accounting, and risk management across diverse projects and entities.
This position pays 95K-100K+Bonus and is in office ONLY 3 days per week.
Job Responsibilities:
- Execute full-cycle accounting for development and operating projects.
- Oversee fixed asset accounting and manage depreciation on book and tax bases.
- Conduct budgeting and forecasting on both accrual and cash bases.
- Evaluate project job cost summaries, providing insights into the status of construction and development properties.
- Analyze financial packages from third-party property managers within the managed portfolio.
- Establish commitment trackers and input pay applications into the job cost system.
- Perform monthly reviews of the general ledger for accuracy and completeness.
- Assist in the preparation of financial statements and supplemental reporting, including intercompany eliminations.
- Review monthly draw packages, capital calls, and financial packages from received joint ventures.
- Record equity pick-ups, contributions, distributions, and eliminate minority interests related to joint-venture investments.
- Scrutinize leases, contracts, and other legal documents in relation to accounting and risk.
- Track compliance of certificates of insurance (COI) and lien waivers from vendors, tenants, and partners.
Job Requirements:
- Degree in Accounting or Finance.
- 5-7 years of experience in Real Estate and/or Public Accounting (preferred).
- Commercial real estate experience in industrial and multi-family property accounting, with intercompany accounting knowledge.
- Experience in property management and property development is advantageous.