What are the responsibilities and job description for the Senior Property Accountant position at The Quest Organization?
Our client is a NYC based commercial real estate owner, operator and developer.
Responsibilities :
- Responsible for the monthly reporting packages consisting of shopping centers, office building, development properties, garages and retail spaces.
- Update the escrow balances and mortgage summary reports.
- Review cash flow and various management reports.
- Reconcile tenant security accounts and ledgers.
- Responsible for creating AP batches for the mortgages in Yardi.
- Review bank reconciliations and approve invoices in Yardi.
- Update the escrow and mortgage balances for Treasury Department.
- Review distribution schedule provided by Treasury Department and document variances.
- Prepare quarterly status reports with asset managers.
- Prepare the annual budgets and 3-year projections with Property Managers and Lease Administrator for leasing assumptions and operating expenses.
- Review CAM reconciliations for budgets and year-end audits.
- Prepare year end audit workpaper packages and deliver to auditors.
- Work with the auditors to complete the audited financial statements.
- Record journal entries for consolidated books at year end.
- Update GAAP straight-line and depreciation excel schedules for year end.
- Submit quarterly financials to lenders.
- Monitor progress of capital improvement budgets
- Responsible for entering property tax bills in Yardi Payscan.
- Annual filing of Income and Expense forms for municipality.
- Prepare TC201 / 203’s and tax petitions with the outside council.
Qualifications :
