Senior Property Accountant - Remote

Job Description

Company Overview:

Basis Industrial is a vertically integrated real estate owner and operator formed by industry veterans and sponsors Jay Massirman, Stephen Garchik and Daniel Weinstein. Basis brought Anthony Scavo on as C.O.O. and partner to run day-to-day activities of the company. It has deep roots in the self-storage and industrial sectors. Basis currently owns over 2 million square feet of self-storage and industrial real estate and is scheduled to close another 1 million square feet in 2024. Active markets for Basis include South Florida, Pennsylvania, Massachusetts New Jersey, New York, Boston, Los Angeles and select urban markets nationwide. In total, the sponsors have developed and managed over 13.5 million square feet of real estate assets including self-storage, industrial, retail, office and residential. This platform is a rapidly growing development, acquisition, and management company. BaySpace is the property management arm of Basis. For more information, visit www.basisindustrial.com and/or www.bayspace.com

Position Overview:
Due to continued growth and acquisitions in the pipeline, we are seeking a Senior Property Accountant to join our dynamic accounting team. The ideal candidate is highly organized with a passion for numbers and a strong understanding of commercial property accounting principles. This is an exciting opportunity for someone who wants to be part of a fast-paced environment, get exposure to all facets of their portfolio and be part of a top-quality organization.

Responsibilities

• Day to day/full cycle accounting for a portfolio of industrial/commercial real estate properties
• Prepare monthly financial statements in accordance with GAAP for assigned properties including bank reconciliations, journal entries, reclasses, expense accruals, balance sheet reconciliations, and maintenance of supporting workpapers
• Monitor cash and ensure sufficient liquidity for properties
• Enter tenant receipts, monitor outstanding receivables and work with property managers to resolve any open balances
• Review and approve payables in Yardi/Procure to Pay workflow
• Review rent roll to ensure accuracy
• Prepare annual CAM, Tax, and Insurance reconciliations based on tenant leases
• Prepare and file monthly sales tax reporting
• Work with property managers to review variance explanations and monthly accruals
• Assist in the preparation of annual budgets
• Dedication to continuously improve accounting processes
• Assist with special tasks and projects as requested

Requirements

• Bachelor’s Degree in Accounting with 5+ years of relevant experience. CPA or advanced degree a plus.
• 1-2+ years of recent hands on experience with YARDI Voyager is a MUST
• Experience in commercial property accounting with solid understanding of recoveries and various lease types
• Advanced Excel and analytical skills
• Attention to detail and strong written and verbal communication skills
• Thrive in a fast paced environment and meet deadlines
• Get it done attitude and strong sense of ownership