Senior Commercial and Mixed-Use Property Accountant

Job Description

Job Description

TRI-HILL MANAGEMENT, LLC. IS GROWING

Senior Commercial & Mixed-Use Property Accountant handling properties located in

Florida. Working in the NYC office.

This position requires knowledgeable and strong experience in Property Management Accounting.

Solid experience with commercial and mixed use properties.

Key Responsibilities:

● Communicate directly with the Property Management team and Property Owners to resolve any issues and address any questions or concerns.

● Lead the monthly, quarterly and annual closing process for assigned commercial properties.

● Prepare comprehensive monthly financial statement packages, including balance sheet, income statements, and cash flow statements.

● Conduct monthly detailed variance analysis (Budget vs. Actual) and provide insightful explanations for variance in revenue and expenses.

● Maintain and reconcile general ledgers, bank statements, and sub-ledgers.

● Coordinate with Accounts Payable (A/P) for coding accuracy, vendor setups, and major capital expenditure (CapEx) tracking.

● Coordinate with the Payroll Manager to approve the payroll for the building staff, if applicable.

● Coordinate with A/R associate(s) to ensure rental payments are current, communicate with Property Managers regarding outstanding charges, and ensure tenant bills/payments are properly recorded and identify potential bad debts or collection risks.

● Lead the annual preparation and execution of Common Area Maintenance (CAM), real estate tax, and insurance reconciliations.

● Partner with Property Managers and Asset Managers to develop annual operating budgets and quarterly financial reforecasts.

● Monitor short- and long-term property cash flow needs, taking into account lender restrictions or escrow requirements.

● Prepare and remit monthly sales and use tax

● Assist with the on-boarding of new properties including but not limited to: Reviewing and abstracting complex commercial lease agreements to ensure accurate setup of tenant billings, rent steps, and security deposits.

● Coordinate with external auditors and tax professionals by preparing audit workpapers, tax schedules, and year-end packets.

● Ensure compliance with internal accounting controls, company policies, and debt covenant reporting requirements.

● Calculate monthly management fees and handle various property reimbursements if necessary

● Report directly to Director of Property Accounting

Qualifications:

6 plus years of property accounting experience

B.A. - Accounting

SKILLS

Property Budgets

Accounting

Strong accrual skills necessary

Finance

Highly organized

Detailed oriented

Leadership skills

Strong written and verbal communications

Annual Salary Range: $115k - 120K

We offer health benefits, paid $10,000 life insurance policy;

401(k) participation with a 3% company match;

Work from home days on Fridays, and additional floating work from home days;

General office hours 9:00 a.m. - 5:00 p.m.

Vacation, safe-sick days, and holidays.

Tri-Hill Management, LLC is an Equal Opportunity Employer. We will consider all qualified applicants for employment regardless of race, color, ethnicity, religion, sex, gender identity and expression, sexual orientation, national origin, disability, age, marital status, veteran status, pregnancy, parental status, genetic information or characteristics, or any other legally protected status.