Property Accountant

Knightsbridge Properties Corp.

(New York, New York)
Full Time Travel Required
Job Posting Details
About Knightsbridge Properties Corp.
Knightsbridge Properties is a privately owned real estate investment, development and management firm with interests in New York and Europe.
Summary
Knightsbridge Properties seeks to attract and retain highly qualified professionals. Applicants must demonstrate a strong work ethic as well as expertise in one or more of the following areas: Acquisitions, Development, Design, Construction, Marketing, Leasing, Property Management, Finance, Accounting and Administration. We invite qualified applicants to submit their resume and a cover letter with a brief description of the career path they are pursuing, as well as the area or position that interests them.
Responsibilities
**Essential Duties and Responsibilities:** * This position is responsible for all aspects of property accounting for our residential and commercial building portfolio. **Property Management Accounting:** Manage all aspects of property accounting to ensure timely and accurate payment processing to all service providers. * Processing of recurring utility and service invoices on a timely basis. * Processing of maintenance and repair invoices. * Managing implementation of service agreement payments. * Processing of real estate tax payments. * Processing of commercial property insurance payments. * Perform journal entry recording for wire transfers, tenant security deposits, and collections. * Manage the billing of commercial and residential rent. * Manage accounts receivable for tenant rent payments and other monthly tenant billing, and late fees as applicable. * Analysis of Accounts Receivable and rent roll for each property. * Calculate and implement monthly management fees, as applicable. * Prepare escalation statements, and annual escalation reconciliations for operating expenses, real estate taxes, and common area utilities and other charges. * Assist in budgeting, forecasting, reconciliations, and cash management for each property. * Calculate real estate tax, operating expense, and common area utilities escalations. * Prepare and review bank reconciliations in Yardi. * Research and correct account discrepancies. * Processing of administrative expenses, operating expenses, and employee reimbursements. * Prepare the escrow disbursement for tenant rollover, replacement and repair, and capital reserve account. * Maintain the General Ledger chart of accounts. * Make journal entries as needed. * Additional duties as assigned by Controller.
Ideal Candidate
**Education and Experience Requirements:** * 4 year Bachelor’s Degree in Accounting or Finance. * 5 years of experience in Real Estate and Property Management Accounting. **Knowledge and Skills Required Include:** * Strong written and verbal communication skills. * Excellent analytical and quantitative skills. * Superior time-management skills. * Strong spirit of teamwork. * Highly organized with developed and practiced attention to detail. * Superior ability to track and meet deadlines. * High level of computer skills, including extensive experience with Yardi accounting system and Excel, and solid knowledge of Microsoft Outlook and Word. * Ability to take initiative and work independently. * Aptitude to make clear and concise decisions and follow through on a timely basis. * Strong work ethic. * Ability to work well under pressure in a fast-paced environment.
Compensation and Working Conditions
Reports to Controller

Additional Notes on Compensation

<$75,000

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