Lead Real Estate Accountant

RESPONSIBILITIES 

Reviews and/or creates real estate accounting transactions and the production of the various resulting financial reports and statements. Understands client requirements and ensures consistent, accurate and timely reporting.

ESSENTIAL DUTIES AND RESPONSIBILITIES 
Reviews assigned work product, including financial packages, to ensure complete, accurate and timely delivery to internal and external customers. 

Adheres to Client Accounting Policies and Procedures (CAPP) to ensure internal and external reporting requirements are consistently met.

Reviews and creates complex property budgets and forecasting for assigned property portfolios. Participates in new property and client transitions, and client audit requests. 

Communicates requests for additional services from clients and the field to senior management and understands the scope of accounting services for the properties in portfolio.

May prepare and oversee all aspects of advanced level financial statement packages, including creating and posting journal entries, ensuring cash receipts and expense payables are recorded for the period, preparing and submitting funding requests. preparing and submitting owner's distributions, and other transactions as applicable in order to ensure that all information delivered to the client is complete and encompasses all transactions for the applicable reporting period.

May oversee the completion of projects including independent preparation and review of CAM (Common Area Maintenance) reconciliations, purchase/sale prorations, lease abstract analysis, property software setups, opening/closing entry generations, and maintenance of Policy & Procedure manuals.

Resolves and responds to escalated issues and requests from Account Management Team, Real Estate Management Team, and Clients, including answering questions from other departments, locations and divisions regarding various accounting issues and reports, including profit and loss reports. Researches open accounting issues and recognizes potential issues and/or conflicts so corrective action can intercept and minimize issues. 

Partners with the field and Account Management teams to ensure requirements and terms of the client's Management Agreement are adhered to based upon working knowledge of these agreements.

Mentors and provides training and guidance to team members on financial reporting functions and duties. Leads by example and serves as a role model for team members.

Performs other duties as assigned.

SUPERVISORY RESPONSIBILITIES 

No formal supervisory responsibilities in this position. Provides informal assistance such as technical guidance, and/or training to coworkers. May coordinate and assign tasks to co-workers within a work unit and/or project. 

QUALIFICATIONS 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. 

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

EDUCATION and EXPERIENCE 

Degree from a four-year college or university program with an emphasis in accounting, finance or related field required. A minimum of four years prior accounting, finance or related experience required. Experience with real estate accounting software preferred.

CERTIFICATES and/or LICENSES 

None

COMMUNICATION SKILLS 

Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
Ability to respond effectively to sensitive issues.

FINANCIAL KNOWLEDGE 

Requires advanced knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including an advanced knowledge of financial terms and principles to include accounting methods (cash, accrual, and full GAAP). Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts advanced financial analysis.

REASONING ABILITY 

Ability to comprehend, analyze, and interpret complex documents. Ability to solve problems involving several options in situations. Requires advanced analytical and quantitative skills.

OTHER SKILLS and ABILITIES 

Advanced knowledge of computer software and hardware (i.e. Microsoft Office Suite Products). Ability to work in multiple accounting software applications.

SCOPE OF RESPONSIBILITY 

Decisions made with thorough understanding of procedures, company policies, and business practices to achieve general results and deadlines. Responsible for setting work unit and/or project deadlines. Errors in judgment may cause short-term impact to department.

SAFETY

Responsible for personal safety and the safety of those who are affected by your work. This includes but is not limited to: 
1. Complete all required and assigned HSE training at a satisfactory level,
2. Follow all activity policies and procedures, including all HSE-related requirements at all times,
3. Participate in all HSE-related programs & activities as required, including incident investigations, interviews, auditing and assessment, etc.
4. Report any conditions which you feel could result in an accident or injury and / or stop work if required.
Location: 
Memphis, TN 38119
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