Bridge33 Capital ยท 3 days ago
Senior Property Accountant
Chicago, IL
Full-time
Onsite
Mid, Senior Level
$85K/yr - $120K/yr
4+ years expBridge33 Capital is a rapidly growing, vertically integrated real estate private equity firm focused on open-air retail real estate. The Senior Property Accountant will manage and oversee the accounting operations for a portfolio of retail real estate assets in accordance with GAAP.
Real EstateReal Estate InvestmentVenture Capital
Responsibilities
Perform full range of accounting processes and financial reporting for a portfolio of retail real estate assets
Prepare and post journal entries for fixed assets, accruals, deferred rent, prepayments, and other balance sheet accounts
Participate in all aspects of month end process and conduct detailed variance analysis to ensure accuracy and completeness
Review and analyze rent rolls, accounts receivable reports, and related financial reports to ensure alignment with general ledger balances
Prepare sales and use tax filings in accordance with jurisdictional requirements and regulatory guidelines as needed
Process weekly full cycle Accounts Payable including invoice approval workflows and vendor payment authorization
Develop year-end audit schedules and support external audit procedures through documentation and sampling assistance
Perform weekly and monthly bank reconciliations to maintain accurate cash position reporting
Monitor income and expense trends against approved budgets and provide variance explanations
Calculate, reconcile, and report monthly management fees in accordance with contractual agreements
Reconcile monthly tenant charges including CAM, real estate taxes, and insurance allocations
Prepare monthly financial packages for senior management review
Lead preparation of annual budgets and forecasts
Prepare annual tenant reconciliations for CAM, tax, and insurance recoveries
Collaborate with the property and asset management teams in preparation of the property operating budgets, and reforecasts
Manage accounting and reporting for construction projects, capital improvements and major maintenance and repair initiatives
Prepare ad-hoc reports and compliance documentation for debt service and lender requirements
Research and resolve complex accounting issues in accordance with GAAP and industry best practices
Qualification
Required
Minimum four (4) years of progressively increasing accounting experience in retail commercial property management accounting
Minimum bachelor's degree from an accredited 4-year institution with a focus in accounting, finance, or business administration
Advanced knowledge of the Generally Accepted Accounting Principles ('GAAP') and hands-on experience working within an accrual based, monthly-close process
PC-based Microsoft Office proficiency required, including advanced Excel use and user knowledge
Effective oral and written communication skills; excellent accuracy/proofreading work product; has a detailed mindset
Proficiency and consistency with prioritizing workload, multi-tasking, working independently with minimal supervision and meeting internal deadlines
Maintain highest standard of work ethics, trust, and credibility
Possess skills, abilities and traits that align with the company's Key Principles
Preferred
Working knowledge of Yardi real estate software
Benefits
Generous time off policy
Company sponsored medical, dental and vision insurance
Company paid life insurance
Company paid short- and long-term disability insurance
Paid parental leave
401k plan with Company match
11 paid holidays
Company
Bridge33 Capital
Bridge33 Capital is a commercial real estate investment firm that focuses on acquiring value-add commercial properties.
51-200 employees
H1B Sponsorship
Bridge33 Capital has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (2)
Funding
Current Stage
Growth StageLeadership Team
Jahan Moslehi
CEO & Co-Founder
Andy Chien
President & Co-Founder
Company data provided by crunchbase