Senior Property Accountant Job at Comstock Companies
Comstock Companies
Remarkable Team. Remarkable Opportunities.
Comstock Holding Companies, Inc. (Nasdaq: CHCI) is a leading real estate developer, acquirer, investor, operator and asset manager of mixed-use and transit-oriented properties in the greater Washington, D.C. metropolitan area that has developed, acquired and managed thousands of residential units and millions of square feet of mixed-use and transit-oriented properties since its founding in 1985. With a quickly growing portfolio of stabilized and development assets that includes millions of square feet of high quality mixed-use and transit-oriented properties strategically located at key Metro Stations in Arlington, Fairfax, Loudoun, and Montgomery counties, Comstock is at the forefront of the urban transformation taking place in northern Virginia’s Dulles Corridor and other dynamic transit-oriented employment centers in the Washington D.C. region.
Among the fastest growing, vertically integrated, large real estate operating companies in the Washington, DC region, Comstock provides remarkable opportunities for training and career advancement whether your focus is asset management or property management, development or construction management, residential or commercial property management, or stabilized or development properties.
Comstock is seeking highly motivated individuals to join the Comstock Team. Comstock offers a highly competitive compensation package (salary and bonus potential) and a market leading benefits package that includes Medical, Dental, Vision & Life Insurance, a generous 401k match, paid vacation time-off, annual professional development funds, daily free catered lunches, free parking, access to on-site fitness centers, and transportation, relocation and/or housing assistance.
To learn more about Comstock’s history, company culture, and business lines, please review our corporate brochure by clicking here: https://comstockcompanies.com/corporate-brochure/
To learn more about Comstock or to review our recent Press Releases or Investor Presentation, please visit: www.ComstockHolding.com
Position Description
The Senior Property Accountant is responsible for providing timely and accurate reporting of day-to-day accounting operations of respective properties.
Responsibilities
- Develop and implement commercial property and commercial parking operations accounting procedures and monthly close process, to include but not limited to review of general ledgers, processing journal entries, and preparing monthly accruals
- Prepare monthly and quarterly reporting packages for properties in a timely manner
- Prepare monthly bank and other balance sheet reconciliations in tandem with the reporting package
- Prepare and monitor monthly debt and equity draws and manage project cash positions on a daily basis
- Approve and process accounts payable disbursements as needed
- Ensure compliance with mortgage loan covenants and reporting requirements
- Assist in preparation of local, state, and federal tax returns with consultation from outside accounting firm as necessary
- Assist in annual financial statement audit and reviews performed by outside CPA firm
- Assist in preparation of joint venture and consolidated financial statements
- Assist, review, and coordinate the workflow of Lease Administrator including application of A/R adjustments and daily cash receipts
- Assist property management staff with preparation of annual budget package and monthly and quarterly variance analysis to budget
- Supervise property accountant and other junior staff
- Perform other duties as assigned
Qualifications
- Bachelor’s in Accounting or related field required
- CPA preferred
- Minimum of 2 years of commercial real estate accounting experience required
- Experience with Yardi, or MRI preferred
- Strong accounting skills with in-depth knowledge of US GAAP
- Understanding of property management in relation to financial accounting, recoveries, budgeting and forecasting
- Proficient knowledge of Microsoft Office/Suite
- Must be highly credible and trustworthy, and operate with high degree of integrity
- Must hold oneself and others accountable and strive for a high level of excellence
- Must have a positive, can-do attitude and be able to fuel growth and innovation
- Must be customer-focused and results-oriented
- Must want to continuously learn and develop
- Exceptional oral and written communication, active listening, and organizational skills
- Ability to establish strong working relationships with others in team setting
- Ability to multitask and prioritize tasks with a strong attention to detail in a fast-paced environment
- Self-directed and able to work independently, with minimal supervision
Employment opportunities at Comstock vary from time to time and from position to position. As such the work schedules and physical demands associated with each position and workplace may vary. Please contact an HR representative for specific details.
Comstock considers the health and safety of its residents, tenants, guests, and team members as its highest priorities. As such, Comstock consistently monitors developments related to COVD-19 and similar risks to the health and well being of the general population and reserves the right to mandate appropriate safety precautions including vaccines.
Comstock Holding Companies, Inc. is proudly an Equal Opportunity Employer EOE/M/F/D/V. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.
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