Job Snapshot
Job Description
Commercial Real Estate / General Ledger Accountant
Growing Commercial Real Estate Lender located in downtown St. Petersburg has an outstanding career opportunity for the right Real Estate Accountant. We are currently seeking a Commercial Real Estate / General Ledger Accountant to join our corporate headquarters in St. Petersburg, FL to support the accounting function. The role will focus on ensuring the integrity of activity associated with our commercial real estate and related general ledger accounting. This position will require effective communication both within and outside the company. This is a dynamic position that can offer the right candidate a rewarding future and growth opportunities within the company.
The successful candidate will use their specialized knowledge and skill obtained through education and experience to audit, book, analyze, administer, and reconcile activity related to the company’s commercial real estate portfolio and overall corporate activity. Frequent trouble-shooting of moderate to complex issues, requiring evaluation, originality, and critical thinking skills to apply
the appropriate procedures, processes and techniques.
Responsibilities
- Maintains general ledger by preparing and recording asset, liability, revenue, and expense entries by compiling and analyzing account information; generates the trial balance for assigned companies; and prepares reconciling entries.
- Works with teammates to ensure activity is properly recorded in the sub-ledger system.
- Maintains and balances accounts by performing monthly account reconciliations and resolving discrepancies.
- Summarizes financial status by collecting information; prepares consolidating balance sheets and income statements; and prepares monthly variance explanations related to the real estate portfolio.
- Works with portfolio and project managers to obtain information needed to complete accounting functions, including obtaining trial balances from third party managers. Works with portfolio managers to prepare relevant analysis and ensure the portfolio manager understands the activity and financial position of each real estate asset.
- Responds to special assignments or reporting requests and prepares special reports as requested by management.
- Prepares supporting work papers for external audits by analyzing and scheduling general ledger accounts; provides information to auditors; and prepares supporting work papers for tax accountants.
- Protects organization’s value by keeping information confidential.
- Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
- Contributes to team projects.
- Assists with development, documentation, implementation, and maintenance of policies and procedures;
- Performs other duties and responsibilities as assigned.
Job Requirements
● Multi-tiered consolidations.
● Knowledge of multi-state commercial real estate practices.
● Reviewing, interpreting, and extracting contracts and joint venture terms and understanding accounting implications.
● Resolving unusual transactions and accounting discrepancies.
● Ability to work independently, organizing, managing, and tracking multiple detailed tasks and assignments with frequently changing priorities in a fast-paced, deadline driven, work environment.
● Ability to communicate verbally and in writing.
● Provide superior customer service.
● Work in a team environment.
● Strong work ethic and the ability to hit set deadlines.
● Proficiency with advanced features of Excel.
● Ability to use and/or learn specialized software. Experience with Dynamics GP preferred.
● Identify and recommend changes to standard procedures when required by specific situations and circumstances.
Education and Experience
● College degree in accounting required. Double major or minor in finance preferred.
● 3 – 5 years general ledger / commercial real estate / construction accounting experience.
● Experience with assisted living facilities, construction projects and foreclosures
