Senior Property Accountant

A MEANINGFUL CAREER

Interested in a challenging and meaningful career, where your expertise and efforts are valued, and amply rewarded? At Stream, there is no limit to how far you can go, with a team that will train, support, and cheer you on every step of the way. It’s the reason we continue to attract (and retain) the best and the brightest, and the reason why our firm continues to grow.

We are doubling down on talent and ramping up hiring for our dynamic accounting team. With a clearly defined career path, mentoring, training, and flexible work arrangements, we know that accounting’s contributions to our company and our clients are key to our success, and in turn, invest deeply in our accounting team.

Your role is integral from day one, and your continued training and development, a paramount objective. This isn’t just a job; it’s a trajectory, for a meaningful career.

WITH A PURPOSE-DRIVEN COMPANY

Stream isn’t your standard commercial real estate company. We’re a company that’s making waves, transforming the property management industry through a deep commitment to our clients, our communities, and our employees.

We know our people are key to our success: We invest deeply in our teams, providing unsurpassed training and development opportunities with a “sky’s-the-limit” mindset.

We deliver an unmatched service experience: The service we provide our clients is anything but ordinary; it’s legendary, with exemplary detail and care.

We care deeply about our communities: In 2022 alone, our teams logged 4,600 volunteer hours with 50+ organizations across the U.S.

We invest in tomorrow’s CRE leaders:  We support numerous hands-on training and educational programs that provide students from various socio-economic backgrounds with the tools and resources to succeed in school, work, and life. 

We hold high environmental standards: We continue to invest in environmental initiatives, utilizing Smart Building technology to drive sustainability, health, and wellness.

You see, we don’t believe commercial property management should just meet a need. We believe it should positively impact the local landscape, and the people within it, for decades to come. See our website at www.streamrealty.com. 

POSITION OVERVIEW: 

The Senior Property Accountant ensures that the financial statements for their portfolio are completed timely and accurately.  This includes a detailed review of monthly financial statements and the general ledger, along with reviewing daily transactions to ensure accuracy and compliance with internal and external policies.  Additionally, Senior Accountants assist the Property Management teams with the completion of Annual Budgets and Operating Expense Reconciliations.

Stream's Property Accountants enjoy a defined career path, mentoring, access to established training resources, and a hybrid or remote work schedule all within a company that recognizes Property Accounting's contribution to its ongoing success. 

ESSENTIAL FUNCTIONS: 

• Provide internal and external reporting of a portfolio/property’s financial results.
• Work with Property Management personnel to provide an in-depth analysis of the project’s financial performance.
• Support the budgeting process and expense reconciliation preparation review of data at a basic/intermediate level with limited direction from the manager.
• Prepare recurring and ad hoc reports and analyses with limited direction from the manager.
• Act as an internal and external customer service leader and assist the supervisor/manager with more complex issues.
• Mentor and share knowledge with team members.

RESPONSIBILITIES: 

• Prepare the monthly financial statement packages for clients. This work includes creating and posting journal entries recorded to the general ledger, fixed asset depreciation, and amortization schedules, in-depth review of the general ledger and income statement, bank statement reconciliations, in-depth property manager variance comment review, and balance sheet reconciliations.
• Ensure internal and external reporting deadlines are met.  
• Interact frequently via verbal and written communication with the property management team and the Property Manager(s).
• Interact with Clients as needed on basic/complex issues. Include supervisor or manager on advanced issues.
• Prepare and submit Sales & Use Tax returns, as applicable.
• Manage and review the cash accounts of each project/property; Ensure critical timely payment of utilities, taxes, mortgages, and owner distributions.
• Review and post cash receipts, as needed.
• Review payables. Process vendor invoices for payment as needed.
• Assist the Manager with the transition of project assignments.
• Ensure compliance with SOC I requirements.
• Other projects and duties as assigned.

KNOWLEDGE / SKILLS / EXPERIENCE:  

• 3-8 years of related accounting/reporting experience.
• Real estate industry experience is a plus.
• Demonstrated quantitative analytical and accounting skills commensurate with experience level.
• Intermediate understanding of accounting principles and ability to apply those principles to job assignments.
• Ability to interact with clients and team members; Excellent communication skills, both verbal and written.
• Ability to act and work with a high level of self-motivation, ability to multi-task, and thrive in a deadline-oriented environment.
• Ability to take initiative in routine problem-solving, and to present possible solutions to manager or supervisor for feedback regarding more complex issues /or problems.
• Intermediate competence in Microsoft Excel and Outlook.
• Yardi and/or MRI intermediate experience is a plus.

EDUCATION: 

• Bachelor’s degree
• Accounting classes and work experience required

Stream Realty Partners offers competitive salaries, annual bonuses, medical, dental, and vision insurance, 401(k) with company matching, pharmacy benefits, flexible spending accounts, health savings account, vacation pay, volunteer & community involvement paid time off, and holiday pay.  

All your information will be kept confidential according to EEO guidelines. Stream is an equal-opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sex, age, national origin, disability, military status, or any other reason prohibited by law.

Note: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

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