Associate, Senior Property Accountant

The Bulfinch Companies

  • Boston, Massachusetts
  • 12 days ago

    Highlights

    Purpose: The Senior Property Accountant position is responsible for assisting with the full cycle accounting, financial analysis and reporting function for real estate partnerships and other related entities. About Us: Bulfinch is a third-generation commercial real estate firm specializing in the acquisition, development, management, and repositioning of commercial properties in Greater Boston.

    Numbers & Facts

    LocationBoston, Massachusetts

    Description

    About Us: Bulfinch is a third-generation commercial real estate firm specializing in the acquisition, development, management, and repositioning of commercial properties in Greater Boston. Since 1936, Bulfinch has taken a unique approach to creating value in commercial real estate and has successfully evolved and adapted to industry changes and the needs of all our stakeholders. The firm was founded on a commitment to our employees and the culture we began cultivating 85+ years ago embodies our entrepreneurial spirit and sense of family.

    Purpose: The Senior Property Accountant position is responsible for assisting with the full cycle accounting, financial analysis and reporting function for real estate partnerships and other related entities.

    About You: You have previous experience and a strong interest in property accounting and commercial real estate. You bring a keen eye for detail, strong analytical skills, and a proactive mindset. You’re comfortable working with accounting software, Microsoft Office Suite products, Yardi, and Adobe Acrobat. You thrive in a team environment, communicate clearly, and manage your time effectively. Adaptable and solutions-oriented, you take pride in your accuracy, professionalism, and ability to meet deadlines in a fast-paced setting. You can work independently, ask thoughtful questions, and apply solutions in multiple situations.

    Responsibilities:

    • Review tenant accounts to ensure they are billed for base rent and additional charges in accordance with their lease and investigate and resolve all discrepancies noted
    • Efficiently communicate with tenants on changes to billings and resolve any late payments
    • Prepare annual reconciliations of tenant operating and real estate tax escalations for assigned properties
    • Ensure the accurate and timely processing of daily cash receipts for assigned properties
    • Research and assess vendor payments to ensure they are properly coded prior to payment
    • Assist in the preparation of all monthly, quarterly, and annual financial statements for investors, lenders, and internal users
    • Assist in the annual budgeting process, quarterly re-forecasting process and preparation of monthly reports for review by senior management
    • Prepare revenue and expense variance analysis on a quarterly basis and investigate and document any material fluctuations
    • Assist with monthly development funding requisitions
    • Assist with the preparation and review of annual financial statements
    • Compile year end reporting packages and related schedules required for the annual audits
    • Work with Asset Management, Tax, Finance and Legal Departments to obtain necessary information for the compilation of the annual financial statements
    • Assist with ad-hoc projects and other duties as assigned

    Qualifications:

    • Bachelor’s degree in Accounting or Finance, preferred
    • Previous commercial real estate property accounting experience required
    • Experience with Yardi accounting software required
    • In-depth knowledge of MS Office suite and Adobe Acrobat
    • Great team building skills
    • Detail oriented with problem-solving mindset, superior work ethic and sound judgment
    • Demonstrate excellent organizational and time management skills
    • Excellent written and verbal communication skills
    • Ability to interact in a team-oriented environment, show a willingness to collaborate and multitask, with a balanced demeanor of professionalism and a proactive attitude
    • Organized, with a high level of accuracy and ability to work in a fast-paced environment
    • Adaptability to changing demands and meeting deadlines
    • Effective problem-solving skills
     

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