• Property Accountant (2019-2344)

    Boston PropertiesSan Francisco, CA 94103

    Job #1059609362

  • 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:

    • Manage, analyze and audit 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.

    • Research and assess all vendor payments to ensure they are properly coded prior to payment.

    • Analyze and prepare quarterly Tax and GAAP financial statements, including all supporting schedules as scheduled.

    • Present formal revenue and expense variance explanations via Asset Advantage 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 and ensure accuracy of various databases, such as Lease Tracking, BP Loan Summary, Rent Roll, Lease Abstract, for assigned portfolio.

    • Serve as a resource and 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. workorder, etc.).

    • Examine and comprehend all management, development, joint venture agreements and mortgage documents for assigned properties.

    • Analyze and prepare depreciation and fixed asset schedules on a monthly basis.

    • Provide Regional Controllers and all other BXP personnel with the highest level of service.

    Non-Essential Functions:

    • Perform other duties as assigned.

    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.

    • Solid 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 business-like manner at all times.

    • Ability to work under pressure.

    • Ability to work independently, as well as part of a team.

    • Adaptability to changing demands.

    • Effective problem solving skills.

    • Ability to multitask.

    • Strong communication skills, both written and oral, as well as solid 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 work such as tours throughout property portfolio usually performed by walking and by climbing stairs.

    • Involves movement between departments to facilitate work.

    Internal and External Contacts:

    • This position interacts extensively with all levels of employees within Boston Properties and with a variety of external audiences.

    Reporting Structure:

    • This position reports to the Regional Controller who provides supervision and guidance, and monitors work on a regular basis to include performance reviews.