Job Description

Perform accounting support functions for residential properties. This position requires close coordination with the Property Manager, Department Managers, Corporate Accounting and the Systems Manager. The Property Accountant reports to the Accounting Manager, while accepting direction from the Senior Property Accountant.

• Maintain GAAP accrual general ledger for a portfolio of multifamily assets.
• Prepare and process monthly journal entries. Produce monthly financial statements according to the established schedule and analyze results. Communicate concerns to the Accounting Manager.
• Complete and analyze various account reconciliations including cash, accounts receivable, prepaid rent, tenant security deposits and gross potential rent.
• Review income, expense and capital purchases for accurate coding and payment. Resolve issues with Property Manager or other departments as necessary.
• Prepare monthly bank reconciliations.
• Perform special projects as needed and provide support to the accounting and property management teams.
• Attend weekly staff meetings and participate in reporting and other meetings as required by property management and/or accounting.
• Prepare calculations of cash available for payables and provide approval to accounts payable team for invoices to be paid.
• Assist with monthly or quarterly calculations of distributable proceeds, and initiate distribution wires.
• Assist with financial statement audits and tax preparation by providing supporting documentation and explanations to auditors/tax preparers.

• Bachelor’s degree in Accounting.
• Basic understanding of general ledger activity, preference with Yardi application.
• Proficiency with Excel and other MS applications.
• 1 - 3 years of accounting experience with two years within the residential real estate industry. Alternatively, 1 - 3 years of public accounting experience with real estate clients.
• CPA is a plus.
• Ability to work in a fast-paced environment, with the ability to multitask and meet deadlines.
• Must be a team oriented, problem solver .
• Strong communication skills, both verbal and written, are essential.
• Ability to collaborate with internal and external teams.

#LI-KF1

The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is strengthened by over 1,100 real estate professionals in more than 30 offices nationwide who manage over $41 billion in assets under management and leverage more than 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of real estate strategies across its clients. RMR has been recognized by The Boston Globe as a “Top Place to Work”, by the Environmental Protection Agency (EPA) as an “ENERGY STAR Partner of the Year” and ranked by the Building Owners and Managers Association (BOMA) as having one of the highest number of BOMA 360 designated properties in its portfolio. RMR is headquartered in Newton, MA and was founded in 1986.

RMR’s mission is to create long term value for our clients by managing their investments and assets “like we own it” – an approach that consistently and repeatedly generates opportunities for all our employees, investors and stakeholders. We are guided by   six core values :

• Integrity at Our Core.
• Perform Passionately and Effectively.
• Inspired Thinking.
• Like We Own It.
• Power of We.
• Mutual Respect.

Follow RMR on LinkedIn, on Instagram @thermrgroup and on Twitter @The_RMR_Group.

The RMR Group is an equal opportunity employer. Qualified applications will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. For our EEO Policy Statement, please  click here . If you’d like more information on your EEO rights under the law, please  click here .

Job Tags

Similar Jobs