Staff/Senior, Property Accountant

Property Accountant

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.

Responsibilities

• 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.

Qualifications

• Bachelor's degree in Accounting with 3.0 minimum GPA.
• 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 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.

Total Rewards

The RMR Group offers an extensive total rewards package to ensure that your benefits align with your needs. Employees who work at least 21 hours per week are eligible to participate in The RMR Group's benefits plans, including:

• Health Insurance
• Dental Insurance
• Vision Insurance
• Life & Disability Insurance
• Health Savings Account (HSA) & Flexible Spending Plans (FSA)
• 401(k) Plan with Employer Match
• Holidays, Vacation & Sick Time
• Parental Leave
• Tuition Assistance
• Matching Gift Program
• Wide Array of Voluntary, Employee-Paid Benefits to choose from including Critical Illness & Accident Insurance, Identity Theft Protection & Pet Insurance

The estimated base compensation range for this position is $75,000 to $110,000 per year. RMR considers several components including an individual's skills, qualifications, experience, internal equity, and market data

Company Overview

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 nearly 900 real estate professionals in more than 30 offices nationwide who manage approximately $40 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.

Visit our website to learn more about what makes The RMR Group a rewarding place to build a career.