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Property Accountant (Real Estate)

Forest Properties Management
Cambridge, MA Full Time
POSTED ON 2/12/2025
AVAILABLE BEFORE 5/12/2025

Forest Properties Management, Inc. seeks an experienced Property Accountant for our Corporate office located in Cambridge, MA. The Property Accountant will own the full monthly accounting cycle for a subset of properties within the portfolio.

Essential Duties and Requirements

Property Accounting Management :

  • Manage high volume of Accounts Payable and ensure timely payments of invoices including utilities
  • Input General Ledger and expense accrual journal entries into Real Page.
  • Process weekly manual check payments for site renovation projects.
  • Reconcile credit card statement for site expenses.
  • Provide copies of invoices, payments, and financial statements on a monthly basis
  • Assist with annual site budgets and forecasts.
  • Quarterly Balance Sheet account reconciliations.

Property Account Financial Reporting :

  • Perform bank reconciliations and check registers for all accounts.
  • Perform security deposit refunds, research NSF's, stop payments and reissue checks
  • Perform monthly vendor aging analysis
  • Prepare monthly financial statements including Balance Sheet, Income Statement and Cash Flows
  • Explain current and year-to-date revenue and expense variances on monthly financial statements
  • Generate monthly billing comparison report and analysis.
  • Reconcile monthly utility expenses for assigned properties.
  • Corporate Accounting

  • Assist with the year-end close process. Includes preparing lead schedules, supporting schedules, and audit binder reports.
  • Collect and distribute mail within the Corporate office.
  • Other duties as required.
  • Qualifications and Skills :

  • Bachelor's degree in Accounting, Finance, or Business Administration preferred.
  • 3-5 years' experience in Real Estate accounting or relevant Accounting work experience.
  • Proficiency with Microsoft Excel and Word as well as RealPage, OneSite, or similar real estate management software.
  • Strong grasp of GAAP and competence in financial analysis, especially in the context of residential properties
  • Proficiency in bank reconciliation and financial statement analysis
  • Ability to handle multiple tasks, deal with diverse problems, work under pressure, and meet deadlines.
  • Compensation & Benefits :

    Compensation is based upon qualifications and experience. We offer a great working environment and a competitive compensation package including medical, dental, and vision insurance, fully paid life insurance, 401(k); paid time off (vacation, sick, and holiday). May be eligible for a discretionary performance-based bonus.

    Application Process :

    The incumbent must be able to provide eligibility to work in the USA upon hire. For consideration, be sure to attach your resume to the online application.

    About Us :

    Visit Forest Properties online https : / / forestproperties.net / to learn more about the Company and our properties.

    Equal Opportunity Employer

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