Senior Property Accountant (Hybrid and Remote Opportunities)

Company Description

Founded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. With 350+ million square feet of assignments and more than $6.9 billion in annual transactions, we are one of the fastest-growing, full-service commercial real estate services organizations in the country. We’ve grown from our two original partners to 1,300+ talented individuals that come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. More information on the firm is available on the website: www.streamrealty.com. 

CULTURE:

Stream seeks to build a group of smart, honest, nice, and passionate individuals that thrive in a team environment. We realize that our success begins and ends with our people. As a result, we work hard to attract and retain the best talent in the industry. Our high-caliber professionals come together to create a distinct culture that is best summarized by our firm’s values: Smart. Honest. Nice. Passionate. More information on the firm is available at www.streamrealty.com

Job Description

The Senior Property Accountant ensures that the financial statements for their portfolio are completed timely and accurately. This includes a detailed review of monthly financial statements and the general ledger, along with reviewing daily transactions to ensure accuracy and compliance with internal and external policies. Additionally, Senior Accountants assist the Property Management teams with the completion of Annual Budgets and Operating Expense (CAM) Reconciliations.

Stream's Property Accountants enjoy a defined career path, mentoring, access to established training resources, and a hybrid or remote work schedule all within a company that recognizes Property Accounting's contribution to its ongoing success**.**

ESSENTIAL FUNCTIONS:

• Provide internal and external reporting of a portfolio/property’s financial results
• Work with Property Management personnel to provide an in-depth analysis of the project’s financial performance
• Support the budgeting process and expense reconciliation preparation review of data at a basic/intermediate level with limited direction from the manager
• Prepare recurring and ad hoc reports and analyses with limited direction from the manager
• Act as an internal and external customer service leader and assist the supervisor/manager with more complex issues
• Mentor and share knowledge with team members

RESPONSIBILITIES:

• Prepare the monthly financial statement packages for clients. This work includes creating and posting journal entries recorded to the general ledger, fixed asset depreciation, and amortization schedules, in-depth review of the general ledger and income statement, bank statement reconciliations, in-depth property manager variance comment review, and balance sheet reconciliations
• Ensure internal and external reporting deadlines are met
• Interact frequently via verbal and written communication with the property management team and the Property Manager(s)
• Interact with Clients as needed on basic/complex issues. Include supervisor or manager on advanced issues
• Prepare and submit Sales & Use Tax returns, as applicable
• Manage and review the cash accounts of each project/property; Ensure critical timely payment of utilities, taxes, mortgages, and owner distributions
• Review and post cash receipts, as needed
• Review payables. Process vendor invoices for payment as needed
• Assist the Manager with the transition of project assignments
• Ensure compliance with SOC I requirements
• Other projects and duties as assigned

Qualifications

KNOWLEDGE / SKILLS / EXPERIENCE:

• 3-8 years minimum of related accounting/reporting experience
• Real estate industry experience is preferred
• Budget creation and CAM reconciliation experience preferred
• Demonstrated quantitative analytical and accounting skills commensurate with experience level
• Intermediate understanding of accounting principles and ability to apply those principles to job assignments
• Ability to interact with clients and team members; Excellent communication skills, both verbal and written
• Ability to act and work with a high level of self-motivation, ability to multi-task, and thrive in a deadline-oriented environment
• Ability to take initiative in routine problem-solving, and to present possible solutions to manager or supervisor for feedback regarding more complex issues /or problems
• Intermediate competence in Microsoft Excel and Outlook
• Yardi and/or MRI intermediate experience is a plus

EDUCATION:

• Bachelor’s degree in accounting or related field
• Additional coursework a plus

Additional Information

Stream is an equal-opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sex, age, national origin, disability, military status or any other reason prohibited by law. Note: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.