STAFF ACCOUNTANT - REAL ESTATE INVESTMENT

bernstein companies - Washington, DC

Full-time
The Bernstein Companies is an award winning diversified Real Estate Investment, Development and Management firm. As a result of recent and expected future growth, we are expanding our Corporate Accounting Group based in Georgetown. The Staff Accountant is an excellent opportunity to play a key role in our diversified platforms including Commercial Office, Multifamily, Hospitality, Development, Commercial Lending, and Private Equity Investments. TBC offers a unique culture that fosters individual growth and advancement, an energized work environment with excellent potential for work/life balance and is ideal opportunity for those seeking a transition from public accounting to private industry.

This individual will join our team of Staff Accountants and responsibilities will include:

Supporting the collection & organization of due diligence materials & dissemination to buyer/seller/broker.
Prepare all journal entries, monitor & analyze GL accounts monthly to ensure accuracy with coding and description
Perform month end closing procedures including month end accruals, allocations and charge backs
Prepare all monthly financial reports, research and respond to Property Managers’ inquiries and produce property financials quarterly for lenders
Research variances each month from the sub ledgers to TB and analyze budget to actual variance that occur on a quarterly basis (for hotels)
Calculate straight line minimum rent for new or renewed leases, understand CAM reconciliation and ensure financial reporting is in line with GAAP
Work directly with accounting firm to supply year-end audit or tax return packages, conduct initial review for audit & tax return drafts and record the adjusting entries to ensure book tie to final audit/TR Trial Balance
Reconcile and manage cash and escrows, including submitting escrow disbursement requests; keep track of every financial transaction that occurs to ensure that all incoming and outgoing money is recorded and handled accurately, discrepancies investigated & corrected.
Review job cost reports for both predevelopment and developing properties to ensure line items are within guidelines for budget variances
Work directly with project managers to ensure projects stay within job cost budgets

Experience and requirements include:
Bachelor’s degree in Accounting
1-3 years real estate accounting experience to include both RE audit and tax experience
Ability to meet tight deadlines and succeed in a fast pace environment
Excellent written and verbal communication skills
Exceptional organizational and interpersonal skills
Ability to work independently or in a team
Service oriented attitude
Official Company Application

https://recruiting.ultipro.com/BER1017BERN/JobBoard/3dff0a69-c8a5-4690-8ca3-25dbac6bfb9c/Opportunity/OpportunityDetail?opportunityId=3a28d05c-2eaa-4e71-b764-97d939e66b3b