Senior Property Accountant

About The KRE Group

The KRE Group is a family-owned real estate investment and management company dedicated to building high quality living and workspaces in New York, New Jersey, and Pennsylvania.

KRE has specialized in real estate investment, development, and property management since 1979. KRE has leveraged its exceptional base of human and physical capital to expand intelligently and take advantage of emerging economic and cultural trends.

For more information on The KRE Group, please visit our website at www.thekregroup.com.

The KRE Group conducts background checks and MVR checks (if applicable) as a condition of employment.

Applicants must be authorized to work for any employer in the US. We are unable to sponsor or take over sponsorship of employment Visa at this time.

EOE/AA Employer/Vets/Disability

Position Overview

The Senior Property Accountant will, under minimal supervision, perform accounting functions and duties for a portfolio of owned, managed, or joint-ventured residential properties. The Senior Property Accountant will actively participate in the preparation of the monthly financial statements and management reports for each property. The Senior Property Accountant will establish and maintain a working relationship with the properties and upper management.

This is an on-site position performed from the Corporate office in Jersey City, NJ.

Qualifications

Education: A Bachelor’s Degree in accounting, finance or business administration. The position does require ability to read and write English fluently, and the ability to perform basic intermediate to advanced mathematical functions.

Experience: A minimum of 5-7 years’ experience in a real estate management environment.

Skills: The position requires excellent interpersonal skills with the ability to positively communicate with all levels of the organization and with parties outside the company. Additional requirements include:

• Able to prioritize tasks and projects using time management and organizational skills to achieve overall goals.
• Must be prepared to work with minimal supervision, yet consistently prepared to present results and status of projects.
• Strong written and verbal skills.
• Must be able to analyze data and supporting evidence to provide recommendations.
• Knowledge of real estate, commercial and multi-family industries.
• Must be flexible in a fast-paced and changing work environment.
• Must have knowledge of Yardi, Microsoft Word, Excel and Outlook
• Able to work in fast-paced office environment

Attendance: The corporate offices are open Monday through Friday with office hours between 8:00 a.m. and 6:00 p.m. You will be required to work a 40-hour work week. However, due to the nature of our business, some flexibility relative to working extended hours, weekends and holidays to meet company needs will periodically be required.

Equipment:

a. Position may require individuals to use their own vehicle or to operate a vehicle provided by the Company to make bank deposits, visit properties and perform other duties as necessary. Individuals must have the ability to drive without jeopardizing their safety or that of prospects, residents or fellow employees.

b. Position requires individual to wear appropriate business apparel.

Travel: Although this position may be based at the location indicated above, the ability to travel to and work at other Company locations at the Company’s request due to business needs may also be required.

Essential Job Functions

Accounting:

1. Preparation of work papers supporting the monthly financials, property budgets, annual property audits and tax returns

2. Identify and implement systems or processes to maximize internal efficiencies, shorten reporting deadlines, and maintain integrity and accuracy of financial data

3. Supervise and manage property accountants and other accounting staff

4. Monthly close process, overseeing accounts and ledgers ensuring compliance with appropriate GAAP and IRS standards, company policies and regulatory requirements

• Prepare monthly journal entries and accruals
• Assist with annual budgeting, forecasting and variance reporting
• Bank reconciliation’s for operating and security deposits accounts
• Maintaining general ledger accounts, providing monthly account analysis, and reconciling balance sheet accounts

Computer:

1. Ability to utilize Word, Excel and Yardi accounting software.

2. Adhere to daily, weekly and monthly computer reporting requirements.

3. Understand computer function and maintain accurate data files.

Non-Essential Functions:

• All other duties assigned by the Accounting Supervisor and other leaders of the company.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to use hands to finger, handle, or feel and talk or hear. The employee is frequently required to stand, walk, sit and reach with hands and arms. Specific vision abilities required by this job include close vision, distance vision and ability to adjust focus.

Job Type: Full-time

Pay: From $85,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Referral program
• Vision insurance

Schedule:

• Monday to Friday

Supplemental Pay:

• Yearly bonus

• Work Location: Hybrid remote in Jersey City, NJ 07302