Supervisor Senior, Property Accounting

United States·Elmsfordsenior

OtherSupervisor

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Quick Summary

Requirements Summary

due diligence on acquisitions, property set-up on acquisitions, new property software programs, etc.

Technical Tools

OtherSupervisor

Why DLC?
DLC is proud to be certified as a Great Place to Work and is driven by a strong culture and entrepreneurial foundation. DLC is one of the nation's leading owners and operators of open-air retail shopping centers and has expertise in all facets of commercial real estate. At DLC, our teammates make all the difference and we offer industry-leading training and career development to assure your success.

What We Offer:

Compensation and Benefits:
- Competitive pay
- 401K company match
- Medical, Dental, and Vision Insurance
Work-Life Balance:
- Hybrid work model
- 20+ paid days off annually
- 13+ paid holidays in addition to PTO
- Paid parental leave
Career Development:
- Industry-leading training and development
- Open door policy
- Industry trade shows and event access
- Mentorship program

About the Role: The Supervising Senior Property Accountant is responsible for accounting, financial reporting, financial analysis and providing general business support for a portfolio of properties. They will work closely with other members of the Accounting team as well as Asset Management, Property Management and our JV partners.

Responsibilities:

Involvement (both preparing and reviewing) with all accounting and reporting functions for assigned portfolios under management including reporting results internally and externally to lenders and investor partners
Provide day-to-day supervision, guidance, and technical support to Property Accountants and Senior Property Accountants
Assist with employee training, development, review work product, provide constructive feedback, and help ensure appropriate accountability within the team
Manage and monitor cash flow and forecasting
Beginning-to-end preparation and review of monthly Income Tax Basis and GAAP financial statements with analysis of actual to budget variances
Collaborate with Asset Management and Property Management to research and resolve accounting, operational, and reporting matters
Collaborate with outside auditors to complete annual audits and tax returns
Operating account, mortgage and escrow reconciliations on assigned properties
Assist in acquisitions and dispositions of properties/portfolios
Responsible for lender debt compliance including DSCR and debt yield calculations
Participate in the preparation, review, and re-forecast of annual budgets
Identify opportunities to improve accounting processes, reporting quality, efficiency, consistency, and documentation
Ensure compliance with company accounting policies, reporting standards, partnership agreements, loan documents, and other applicable requirements
Special projects as required: due diligence on acquisitions, property set-up on acquisitions, new property software programs, etc.

Soft Skills/Behaviors:

Excellent oral and written communication skills to successfully engage with other departments to gather required information
Organized and reliable with strong analytical skills and attention to detail
Demonstrates leadership, accountability, and sound professional judgment
Strong interpersonal and communication skills
Works effectively across departments to obtain information and resolve outstanding matters.
A “can-do” attitude and a desire to learn
Thrives in a fast-paced environment with the ability to prioritize, multi-task and manage tight deadlines
Aptitude to learn new systems quickly
High attention to detail

Technical Skills:

Bachelor’s degree in Accounting
5+ years of accounting experience with a minimum of 4 Years of property management experience; some public accounting experience is preferred
Strong understanding of general ledger accounting, accrual accounting, account reconciliations, cash management, and financial statement analysis.
Have at least one year experience in a senior accountant/supervisory role
Experience with MRI, Yardi Nexus, Excel or similar real estate accounting and reporting systems.
Income Tax basis and GAAP basis experience is preferred

The expected salary range for this position is between $100,000 and $115,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.