General Purpose

The primary focus of the Senior Acquisitions and Dispositions Accountant is to onboard and offboard Multifamily assets, as well as other accounting related tasks. This role serves as the Property Accountant during the transitionary period and will be responsible for all day-to-day and monthly accounting tasks. The position also ensures financial statements for a small portfolio of multi-family properties are issued by our outsourcing partner timely, consistently, and accurately in accordance with the accounting policies and procedures.

Essential Duties and Responsibilities

• Apply critical thinking and Excel skills to analyze large data sets, validate and reconcile data, perform GL mapping, and resolve variances.
• Review cost segregation studies, settlement statements, and other information to propose and record opening journal entries.
• Review, prepare, and analyze proration workbooks in a timely manner, facilitating approval from various stakeholders.
• Serve as the main accounting contact for the various ownership groups and the sites during the transition.
• Document client specific policies and procedures as needed. Verify and document approval of client cash instructions.
• Facilitate hand-off meetings with team members to ensure seamless transition once a property has been fully onboarded.
• Manage the disposition of real estate assets, including assisting with proration, funding transfers, cash analysis, and final invoice processing.

• Ensure all documentation, such as bank transfer request and journal entry support, is prepared, organized, and stored in accordance with company policy.
• Responsible for the full cycle accounting and month-end close during transitions, including general ledger account analysis and balance sheet account reconciliations.

• Analytically review and interpret month-end financial packages to ensure accuracy and completeness, including journal entries, general ledgers, and monthly financial statement reconciliations.
• Ensure the outsourcing partner meets all internal and external deadlines and delivers high-quality work.
• Review, investigate, and assist in resolving errors and inconsistencies in financial entries, documents, and reports.
• Ensure timely and accurate payment of high-priority payments such as taxes, mortgages, and distributions.
• Analyze property cash position weekly, collaborating with property management team to review and select payables.
• Build cash forecasts collaboratively with property and client teams. Escalate cash issues as needed.
• Interact with property staff, clients, and other stakeholders to resolve property accounting questions by researching and interpreting accounting policy and financial information.

• Identify opportunities for automation to streamline accounting and reporting processes.
• Prioritize exceptional customer service and maintain professionalism in all interactions.
• Communicate effectively with internal and external stakeholders.