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