Open Position – Senior Property Accountant

Senior Property Accountant

Senior Property Accountant

Northstar’s line of business, which is value-add real estate focused on job creation, is currently one of the premier acquirers of vacant and/or value-add properties in markets throughout the United States. Northstar focuses on buying these assets from lenders, corporations, and other owners, then improving and placing them back into productivity in order to create jobs and opportunities in their local communities and, in the process, delivering attractive returns to its investors. To date, we have personally overseen the acquisition of over $1.3 billion of property value and have purchased over 12.5 million square feet in 137 separate properties with capital investors. The current portfolio consists of assets in 17 states in the U.S. and has a potential market value of over $1.3 billion.

Responsibilities: Executing technical accounting for commercial real estate properties and development projects including, but not limited to:

  • Processing AR & AP as needed, coding reviewing and approval
  • Posting monthly rent charges
  • PM and CM Fee calculations
  • Lease administration
  • CAM reconciliations preparation and review
  • Draw preparation and applicable submission to lenders
  • Cash flow and account analysis
  • Investor distribution calculation and processing
  • Multiple bank account reconciliations
  • Monthly accruals, recording, and monitoring
  • Monthly fixed assets depreciation calculation and recording
  • Maintaining and balancing subsidiary accounts and general ledgers
  • Monthly and quarterly financial reporting and variance analysis to company management, potential buyers, lenders, and investors
  • Year end reporting and assisting third party auditors
  • 1099 preparation and related reporting to the IRS
  • Budgeting, forecasting, and planning
  • Assisting with development of financial policies to enhance internal controls
  • Preparation of ad-hoc reports
  • Assistance with audit and tax requirements
  • Acquisitions, disposition, and re-finance transaction recording

Skills/Qualifications include, but are not limited to:

  • Minimum 3-4 years work experience in accounting and/or within the real estate industry.
  • Bachelor’s degree (Required).
  • Yardi experience (Required).
  • United States Work Authorization (Required).
  • Understanding of GAAP and its application in a real estate firm.
  • Ability to process a large volume of detailed electronic data quickly and efficiently.
  • Commitment to a high degree of confidentiality.
  • Positive Attitude!
  • Ability to own and speak to your work!

Job Type: Full-time

This individual would report directly to the Controller while assisting the Chief Financial Officer with additional projects as needed.

Compensation: Determined Upon Education and Experience

To be considered for this role, please email your resume and cover letter to Kimlynn Huynh kimlynn@northstarcp.com.