Sr. Property Accountant

For 25 years,  Stream Data Centers has been a trusted partner in providing world-class data center solutions. With a focus on sustainable, secure, and reliable infrastructure, Stream empowers businesses to scale their digital operations while prioritizing environmental and social responsibility. 

Stream Data Centers continues to set new standards for innovation, operational excellence, and sustainability in the data center industry, having provided premium data center services since 1999. Now, with 90% of its inventory leased to Fortune 100 customers, the company has acquired, developed and managed more than 27 data center projects nationally, while leadership has remained consistent for over two decades. 

From site selection to data center construction and operations, Stream develops wholesale colocation capacity and build-to-suit facilities for hyperscale and enterprise users in major markets across the United States. Additionally, Stream sources and develops low-risk land sites for optimum data center development and provides energy procurement services with a focus on reducing market risk and providing low-cost renewable energy options. 

POSITION OVERVIEW:

We are seeking a meticulous and detail-oriented Property Accountant to join our team. The Property Accountant will play a crucial role in managing financial aspects related to the development and construction of data center projects. This position offers an exciting opportunity to work with a growing team as it rockets towards the future.

RESPONSIBILITIES:

• Work closely with the finance team, construction teams and external stakeholders to ensure financial objectives are met and reported accurately.
• Produce financial reporting for external parties including lenders and building owners.
• Support both external and internal audit processes and ensure compliance with accounting standards and company policies.
• Review monthly draw packages and ensure that all the correct information is in the lender certificates and draw documents that are required for JV’s and loans.
• Process accounts payable and accounts receivable for multiple data center developments and ensure correct job cost coding and job cost structure.
• Work with treasury management on new accounts, bank reconciliation, wires and deposit details.
• Ensure that all journal entries and monthly ledgers are accurate for monthly and quarterly financial reporting and prepare lender compliance certificates as needed/required by property.

MINIMUM QUALIFICATIONS:

• Bachelor’s degree in accounting, finance, or related discipline is required.
• 3+ years of experience in property accounting or finance with a strong understanding of General Ledger and financial reporting (preferably in real estate development, construction, or a related industry) is required
• Experience with project accounting, capital expenditure management and lender draw processes are required
• Strong understanding of financial principles and practices, including GAAP is preferred
• Experience in financial modeling and analysis, with advanced Excel skills is required
• Excellent communication skills and ability to collaborate effectively with cross- functional teams
• Detail-oriented and able to manage multiple priorities in a dynamic environment
• Experience working in a fast-paced environment with high levels of ambiguity
• High regard for accuracy and completeness

PREFERRED QUALIFICATIONS:  

• Familiarity with Yardi and/or Netsuite

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k, IRA)
• Life Insurance (Basic, Voluntary & AD&D)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Family Leave (Maternity, Paternity)
• Short Term & Long Term Disability
• Training & Development
• Wellness Resources

The pay range for this role is between $80,000 – 100,000 (base). Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons. Stream Data Centers offers annual bonus, benefits, flexible time off (vacation), 401k and a variety of other perks and benefits.

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.