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Senior Property Accountant, Chelsea District
New York, NY
Job Description
JLL is seeking a highly qualified Senior Property Accountant to join our team and work on one of our prominent technology accounts. This position entails working on-site at the client's facility located in the esteemed Chelsea District, for four days a week, with the flexibility to work from home one day a week. As part of our team, you will have access to a variety of convenient client amenities, such as cafes, gyms, and other exciting perks.
In this role, we offer you the opportunity to be involved in various crucial aspects of property accounting, collaborating closely with Property Managers. We rely on your expertise in balance sheets and reconciliations to ensure compliance with internal audits and meet the high standards set by our clients.
As a Senior Property Accountant, you will be responsible for managing approximately 2 million square feet of property, with ample room for professional growth within this expanding client base. With our client expanding operations nationwide, we provide you with the opportunity to gain exposure to other properties and jurisdictions, allowing for further learning and advancement.
WHAT YOU'LL BE DOING:
Assist with annual budget preparation - compile key assumptions and capital budget information, maintain lease level budgeting for all tenants, review and coordinate the budget input into the accounting system.
Prepare and distribute monthly financial reports - prepare monthly journal entries, financial statements, and bank reconciliations.
Analyze and maintain general ledgers for Retail and Office entities.
Support property managers in review and preparation of monthly variance reports.
Monitor Accounts Receivable process - monitor cash receipts, review and bill tenant recurring charges and billing adjustments.
Coordinate Accounts Payable process - review invoice coding and approvals; ensure proper audit trail is in place.
Review leases, leasing activity, and critical lease dates to ensure accurate billing.
Prepare and maintain required workpapers for monthly review.
Prepare annual estimated operating expenses for tenant billing.
Assist in preparation of quarterly re-forecasts.
Coordinate annual year-end reconciliation process - CAM, percentage rent, insurance utilities, sewer/trash, real estate taxes.
Assist Senior Finance Manager in all audits at the property.
Provide support as local point of contact for accounting team.
WHAT YOU BRING:
B.S./B.A. - Accounting
4-6 years real estate accounting experience preferred.
Microsoft office product knowledge, Excel, Google Sheets, and real estate accounting software preferred (Yardi, JD Edwards, MRI)
WHAT'S IN IT FOR YOU:
Join an industry leader and shape the future of commercial real estate
Deep investment in cutting-edge technology to power your work
Comprehensive and competitive benefits plan
A supportive, caring and diverse work environment designed for your growth and well-being
JLL Is an Equal Opportunity Employer JLL is committed to developing and maintaining a diverse workforce. JLL strongly believes in equal opportunity extended to all individuals in all aspects of the employment relationship, including recruitment, hiring, training, promotion, transfer, discipline, layoff, recall and termination without regard to race, color, religion, belief, creed, age, sex, pregnancy or maternity (including childbirth and related conditions), family responsibility (e.g. child care, elder care), nationality, ethnic or national origin or ancestry, citizenship, marital status, civil partner status, sexual orientation, gender identity or expression, transgender status, veteran’s status, genetic information, trade union membership, social position, political view or status as a qualified individual with a disability, protected leave status or any other protected characteristic in accordance with applicable law. The company also endeavors to make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodations would impose an undue hardship on the operation of our business and ensures that employment decisions are based only on valid job requirements.
In this role, we offer you the opportunity to be involved in various crucial aspects of property accounting, collaborating closely with Property Managers. We rely on your expertise in balance sheets and reconciliations to ensure compliance with internal audits and meet the high standards set by our clients.
As a Senior Property Accountant, you will be responsible for managing approximately 2 million square feet of property, with ample room for professional growth within this expanding client base. With our client expanding operations nationwide, we provide you with the opportunity to gain exposure to other properties and jurisdictions, allowing for further learning and advancement.
WHAT YOU'LL BE DOING:
Assist with annual budget preparation - compile key assumptions and capital budget information, maintain lease level budgeting for all tenants, review and coordinate the budget input into the accounting system.
Prepare and distribute monthly financial reports - prepare monthly journal entries, financial statements, and bank reconciliations.
Analyze and maintain general ledgers for Retail and Office entities.
Support property managers in review and preparation of monthly variance reports.
Monitor Accounts Receivable process - monitor cash receipts, review and bill tenant recurring charges and billing adjustments.
Coordinate Accounts Payable process - review invoice coding and approvals; ensure proper audit trail is in place.
Review leases, leasing activity, and critical lease dates to ensure accurate billing.
Prepare and maintain required workpapers for monthly review.
Prepare annual estimated operating expenses for tenant billing.
Assist in preparation of quarterly re-forecasts.
Coordinate annual year-end reconciliation process - CAM, percentage rent, insurance utilities, sewer/trash, real estate taxes.
Assist Senior Finance Manager in all audits at the property.
Provide support as local point of contact for accounting team.
WHAT YOU BRING:
B.S./B.A. - Accounting
4-6 years real estate accounting experience preferred.
Microsoft office product knowledge, Excel, Google Sheets, and real estate accounting software preferred (Yardi, JD Edwards, MRI)
WHAT'S IN IT FOR YOU:
Join an industry leader and shape the future of commercial real estate
Deep investment in cutting-edge technology to power your work
Comprehensive and competitive benefits plan
A supportive, caring and diverse work environment designed for your growth and well-being
JLL Is an Equal Opportunity Employer JLL is committed to developing and maintaining a diverse workforce. JLL strongly believes in equal opportunity extended to all individuals in all aspects of the employment relationship, including recruitment, hiring, training, promotion, transfer, discipline, layoff, recall and termination without regard to race, color, religion, belief, creed, age, sex, pregnancy or maternity (including childbirth and related conditions), family responsibility (e.g. child care, elder care), nationality, ethnic or national origin or ancestry, citizenship, marital status, civil partner status, sexual orientation, gender identity or expression, transgender status, veteran’s status, genetic information, trade union membership, social position, political view or status as a qualified individual with a disability, protected leave status or any other protected characteristic in accordance with applicable law. The company also endeavors to make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodations would impose an undue hardship on the operation of our business and ensures that employment decisions are based only on valid job requirements.
Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
4 to 6 years
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