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
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.
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 firstname.lastname@example.org.