Our Client seeks a qualified real estate professional with accounting experience in a commercial real estate environment who is eager to transition to an entrepreneurial firm active in (i) commercial property transactions with creative financing structures and (ii) managing a portfolio of high-quality retail properties in Metro Atlanta. Our Client is a small, entrepreneurial company, and as such, the definition of the role may change over time in addition to the specific responsibilities listed below based on the candidate’s interests and Company’s needs over time.
POSITION OVERVIEW: This is a senior position which supervises all accounting functions and collaborates with Company principals on acquisition and disposition finance.
RESPONSIBILITIES:
- Responsible for the entire accounting cycle for managed properties, including budgets, journal entries, bank and tenant CAM reconciliations, financial statement preparation, accounts receivable, and daily and monthly cash disbursement receipts.
- Responsible for the entire accounts payable process, including receipt of invoices, managing internal approvals, ensuring prompt payment, and keeping accurate records.
- Supervise Accounting staff to successfully execute the Accounting department’s responsibilities.
- Prepare monthly and annual consolidated projected sources and uses statement.
- Execute loan draws with lenders.
- Accurately distribute cash on a monthly basis to equity investors based on individual property equity structures.
- Develop closing statements for acquisitions and dispositions and ensure accurate execution of closings.
- Collaborate with property management, asset management, and tax consultants in order to produce reporting results.
- Proficiently work in property management and accounting software and tools, including Yardi, Avid Xchange, and Excel.
- Develop financing packages for raising prospective debt and equity capital for acquisitions.
- Provide clear quarterly and ad hoc communications to lenders and equity investors.
QUALIFICATIONS:
- Bachelor’s degree in Accounting.
- Work experience in commercial (non-residential) real estate.