POSITION SUMMARY:
Works with the Portfolio Controller in ensuring integrity of financial information for a portfolio of properties in compliance with generally accepted accounting principles (GAAP), company policy and contractual arrangements. Ensure internal controls are in place to mitigate risk of material misstatement of financial statements. This is accomplished by reconciliation, analysis and recordation of various tasks and identified internal control activities within the department. (Portfolio size approximately 25-35 buildings and/or 100 leases, based on complexity).
ESSENTIAL FUNCTIONS:
- Work with Portfolio Controller to maintain books and records for assigned properties.
- Perform assigned month-end close activities of assigned portfolio of properties.
- Propose and/or record monthly journal entries including rental revenue, CAM accrual and direct tenant billings; monthly operating expense contract accruals; and other operating expense accruals.
- Prepare required variance analysis comparing actual against budget and forecasts in current and prior periods.
- Prepare Balance Sheet account reconciliations for review by Portfolio Controller.
- Resolve outstanding items using judgement and discretion as appropriate.
- Ensure internal controls are being maintained.
- Participate in regular recurring meetings with Property Management teams to review financial results, discuss outstanding A/R and to update quarterly forecasts with
- Property Managers. Collaborate with and provide support to Property Management teams as needed.
- Work with Portfolio Controller to prepare and analyze budgets and forecasts
- Monitor and review purchase orders and pay invoices to ensure timely payment and recording as well as proper coding.
- Participate in the annual operating expense true-up process to ensure accurate billings or refunds to tenants in accordance with the lease requirements.
SECONDARY RESPONSIBILITIES:
- Monitors tenant’s accounts for completeness and accuracy.
- Supports Accounts Receivable function in resolving questions/issues.
- Participates in the due diligence process for acquisitions, dispositions or financings which requires an intense effort in a compressed timeframe.
- Participates in maintaining the internal controls and policies of CDP.
- Communicate any deficiencies in controls to Supervisor.
- Other job-related duties as assigned.
QUALIFICATIONS:
Education - Bachelor Degree in Accounting or related discipline required.
Further Training - CPA or CPA Candidate preferred.
Professional Experience -
- 1-3 years related accounting experience with strong performance necessary.
- Will consider college graduate with CDP internship experience.
Computer Skills -
- PC proficiency to include but not limited to) Microsoft Office applications (Word, Excel, Outlook, etc.) and ability to learn company specific software.
- Ability to adapt to new or changing software programs.
- Familiarity with accounting systems required.
Mobility - Occasional travel to portfolio locations
Other Requirements -
- Strong analytical, technical, and interpersonal and communication skills required.
- Demonstrated ability to manage and comprehend multiple and complex business transactions and documents simultaneously with good and possibly independent judgment.
- Must have strong critical thinking skills.
- Must possess solutions-based approach to identified areas of opportunity.
- Must be able to work independently.
- Must possess a working knowledge of GAAP and Sarbanes Oxley.
EQUIPMENT OPERATION:
Standard office equipment including PC, telephone, copier, fax machine, printer, etc.
Pay Range: $70,000 - $85,000
CDP proudly offers to all employees working a minimum of 30 hours per week market-leading health benefits including medical, dental, vision and prescription, etc.
Required
-
1 - 3 years: 1-3 years related accounting experience with strong performance necessary. (Will consider college graduate with CDP internship experience.)
Required
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Bachelors or better in Accounting or related field
Preferred
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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