Reports To: Director, Client Accounting
Primary Function: Maintain financial statements for commercial and multifamily real estate properties
Education: BS Degree in Accounting, CPA preferred. Minimum five years' work-related experience
Qualifications: Accounting experience including financial statement reporting, bank reconciliations and journal entries. GAAP reporting experience, advanced Excel skills, financial planning experience, and real estate experience are required. MRI or Yardi experience a plus.
Key Skills and Core Values:
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Collaboration with Thalhimer's accounting and property management teams
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Client Focus addressing questions and requests for information from owners and asset managers.
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Results Focused and ability to work independently.
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Continuous Improvement, make recommendations
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Excellence
Responsibilities:
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Prepare monthly financial statements & supporting schedules
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Practical understanding of accounting principles
- Monthly bank reconciliations, research and resolve reconciling items
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Mortgage escrow account reconciliations
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Journal entries, including accruals, depreciation and amortization, etc.
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Balance sheet reconciliations
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Record transactions from a closing statement
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Calculate distributions to owners
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Monitor cash flow and accounts payable
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Validate/calculate monthly management fee calculation
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Assist owners with year-end audit/tax reporting
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Develop and update short- and long-term cash forecasts to assess available liquidity and support owner distribution planning
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Assist with the onboarding of new properties, record activity from prior manager, monitor utility, mortgage, and other sensitive vendor
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Monthly bank reconciliations for master accounts and resolution of reconciling items
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Special projects
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Train and support accounting team members
