What are the responsibilities and job description for the Property Accountant position at Chesapeake Search Partners?
Chesapeake Search Partners is partnering with a prominent and expanding real estate investment and development firm to identify a Property Accountant to join their growing team. This position is responsible for the full range of accounting processes and financial reporting for a portfolio of commercial and development real estate assets. This person will partner directly with the commercial property and asset managers.
Key Responsibilities:
- Prepare and enter journal entries for fixed assets, accruals, deferred rent, prepayments, and other balance sheet accounts.
- Assist in all aspects of month end close and close analysis.
- Prepare P&L and Balance Sheet for senior management.
- Review rent rolls, accounts receivable reports and other related reports. Ensure financial reports tie to general ledger.
- Prepare Sales and Use Tax filings in accordance with filing authority instruction.
- Process weekly full cycle Accounts Payable.
- Prepare monthly and annual financial statements and provide report to executive management.
- Prepare annual Budgets and Forecasts.
- Collaborate with the property & asset management team in preparation of the property operating budget, and reforecasts.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field required.
- 4 years of progressive accounting experience, ideally in commercial real estate or a related industry.
- Working knowledge of MRI real estate software preferred
Salary : $75,000 - $85,000
