Macdonald & Company is proudly partnered with a national real estate developer & investor to appoint a Staff Accountant within their office in Phoenix, AZ.
The Company
The firm have 35-year track record within the Commercial Real Estate market, with their current AUM exceeding 2MM sqft. The group develops ground-up real estate on behalf of retail clients, as well as developing and investing in their own projects across both retail and multifamily/residential assets.
They are now seeking to appoint a Staff Accountant, who will play a key role in the ongoing implementation of new systems that will automate both AP and AR processes, as they strive to continuously improve the accounting & finance function.
The Position
Reporting to the Senior Accounting Manager, the Staff Accountant will work closely with both property management and corporate accounting teams to process Accounts Payable, taking a lead role in the AP process for the organization. In addition, he Staff Accountant will support corporate billing, Accounts Receivable, and help automate processes through ongoing systems implementation.
This individual will be given the runway to grow as the businesses real estate portfolio increases, with the opportunity to broaden their remit into areas such as Property Accounting within 18-24 months.
Responsibilities
Process and post all payables and receivables for the property portfolio and corporate entities.
Set up new property rent rolls, utilizing site maps, civil plans, appraisals etc.
Set up and maintain all leases and lease escalations utilizing leases, amendments, and renewal documents.
Track security deposit, TI allowance and commissions for each tenant.
Work with Property Management team on all tenant billings and collections.
Work closely with Property Management to manage vendor payments and monthly property-level cash balances.
Maintain utility bill tracking spreadsheet to ensure all invoices are collected and paid to prevent service disruption.
Maintain updated information for all vendors to ensure compliance for 1099 reporting and insurance coverage requirements.
Work closely with the accounting team to create and distribute 1099s.
Calculate Management Fees monthly and process invoices and deposits.
Calculate Sales Tax obligation and report and remit online.
Maintain Property Tax spreadsheet to ensure all taxes are paid timely.
Assist Accounting team with month-end close entries and reconciliations.
Compile reports for lease activity as requested.
Ad hoc reporting.
On Offer
Competitive salary, annual bonus, retirement plan, full suite of corporate benefits.