Senior Accountant, Property Accounting

Primary Purpose of Position:

Manage, audit and analyze all financial matters related to assigned portfolio. Serve as the financial expert and primary facilitator of all financial matters for assigned properties.

 

Essential Functions:

• Responsible for the quarterly close process, including preparing supporting schedules and generating reports for audit binders.
• Oversee tenant accounts to ensure they are billed correctly each month for all rental and additional charges per their lease and investigate and resolve all discrepancies.
• Analyze and prepare quarterly Tax and GAAP financial statements, including all supporting schedules as scheduled.
• Present formal revenue and expense variance explanations in the VET tool on a quarterly basis in conjunction with property management.
• Perform analysis and develop financial reports and related schedules in accordance with lender and/or third party requirements.
• Analyze and prepare tenant operating and real estate tax escalations for assigned properties’ monthly payment and annual true-up.
• Audit accuracy of various databases, such as Lease Tracking, BP Loan Summary, Rent Roll, and Lease Abstract, for assigned portfolio.
• Communicate with property management to assist with preparation of portfolio annual budgets and quarterly re-forecasts.
• Work with Lease Administration, Accounts Receivable, Accounts Payable, Tax, Finance and Legal Departments to obtain necessary information for the completion of financial statements.
• Perform required analysis and develop external reports for compliance with all agreements (sales & use returns, I&E forms etc.).
• Audit and prepare reconciliation of all accounts (i.e. work orders, etc.).
• Examine and comprehend all management, development, joint venture agreements and mortgage documents for assigned properties.
• Analyze and prepare depreciation on a monthly basis.
• Provide VP, Regional Controllers and all other BXP personnel with the highest level of service.
• Manage, analyze and interpret leases. Enter all required information into Expense Participation
• Work with financial reporting in regards to complex transactions.
• Compile supporting documentation for tenant audits.

 

Requirements and Qualifications:

• BA/BS degree in Business Administration or Accounting required.
• A minimum of 1 to 3 years of accounting experience required. A minimum of 3-5 years of experience strongly preferred.  Previous accounting experience in commercial real estate settings or related industries preferred. 
• Strong computer skills with proficiency in MS Excel required.
• Proven organizational skills with ability to set priorities, manage multiple projects and meet deadlines.
• Self-starter capable of finding solutions with minimal supervision.
• Ability to interact with co-workers, tenants or vendors in an articulate, courteous and professional manner at all times.
• Leadership abilities.
• Ability to work under pressure, multitask and work independently, as well as part of a team.
• Adaptability to changing demands.
• Effective problem solving skills.
• Excellent communication skills, both written and oral, as well as interpersonal skills.
• Knowledge of JD Edwards accounting software desirable.

 

Physical Requirements:

• Involves work of a general office nature usually performed sitting such as operation of a computer.
• Involves work of a general office nature usually performed standing such as operation of a fax and printer.
• Involves movement between departments to facilitate work.

 

Internal and External Contacts:

• Regularly interfaces with Boston Properties employees, Property Managers, and tenants.

 

Reporting Structure:

• This position reports directly to the Senior Manager and VP, Regional Controller.

 

Salary Range:

$87,500 - $123,000. BXP offers a competitive total rewards package including base salary and annual discretionary bonus.  The range represents expected base salary; compensation will be determined based on role, skills, experience, qualifications, location, and other job-related factors. Our comprehensive benefits include medical and dental coverage, a retirement savings plan with competitive company match, backup childcare, educational assistance, employee support programs, a generous commuter transit subsidy and more. Additional details will be provided during the hiring process. 

 

BXP is an Equal Opportunity Employer encouraging diversity in the w