Senior Property Accountant

Responsibilities Prepare Annual Business Plan, Operating Budget, and Capital Budget for investor review and approval. Consolidate property-level budgets into JV-level budgets and perform variance analysis and reforecasting. Prepare capital call calculations and issue notices per JV agreement. Manage JV, HoldCo, and SPE bank accounts, cash flow forecasting, and liquidity planning. Participate in distribution waterfall calculations and promote mechanics. Review property-level accounting prepared by third‑party managers for GAAP and investor compliance. Coordinate cash forecasting, budget adherence, TI/LC accounting, and reimbursement processes. Maintain capital accounts per GAAP, tax rules, and JV agreement. Track investment tranches, capital balances, preferred returns, and promote tiers. Participate in covenant testing, lender reporting, and draw requests. Monitor escrow accounts and ensure compliance with financing agreements. Prepare quarterly investor reporting packages, including financial statements, variance analysis, capital account statements, and JV performance metrics (IRR, MOIC, equity multiples). Support financial integration of new acquisitions, including opening balance sheets and bank setups. Manage final accounting at disposition, including sale allocations, reserve releases, and promote crystallization. Requirements Bachelor’s degree in Accounting or Finance 5–7 years of progressive accounting experience, with at least 3 years in real estate or private equity JV structures CPA preferred, not required Strong technical knowledge of GAAP and JV accounting principles Experience with budgeting, forecasting, and financial modeling Proficiency in Yardi, MRI, Kardin, or similar real estate systems Excellent analytical, organizational, and communication skills Ability to manage multiple priorities in a fast‑paced environment #J-18808-Ljbffr