What are the responsibilities and job description for the Property Accountant position at Livingston St Capital?
Livingston Street Capital LLC is a private equity real estate firm located in Radnor, PA with more than $800 million of assets under management. We are a dynamic, growing company looking to hire a real estate Property Accountant to support the accounting needs of a portfolio of properties and will be responsible for all duties relative to producing monthly financial reports for managed properties.
The ideal candidate will work to build from their current responsibilities over time in order to make even greater contributions to the company.
Essential Duties / Responsibilities:
- Manage the monthly closing process for multiple properties
- Post to registers and ledger, balance and reconcile accounts, prepare journal entries or adjustments to accounts as needed
- Track and record tenant receivables
- Prepare balance sheet tie-out and maintain supporting account schedules
- Perform bank reconciliations and monitor cash position
- Process property A/P including setting up new vendors and entering invoices
- Prepare and post accrual entries with supporting documentation
- Prepare distribution calculations
- Prepare monthly financial package and perform initial P&L variance reviews
- Assist with preparation of lender requests
- Assist with year-end audits
- Other ad hoc projects, as needed
Required Skills and Experience:
- Bachelor’s degree in Accounting required
- 5 years of relevant work experience in real estate accounting, ideally in multi-family or an independent living setting.
- Yardi experience strongly preferred
- Strong accounting knowledge as well as institutional caliber experience in process & controls
- Well-spoken with strong presentation skills
- Ability to work independently and in a growth environment
- Highly organized and detail oriented
- Ability to grow and take on additional projects/responsibilities
Benefits
- Salary and bonus commensurate with level of experience and job requirements.
- Generous benefits package including medical, dental, and vision plans
- 401k plan with employer match of 100% to a maximum of 4% of the employee’s annual salary
This position is in-person at our Radnor office 5 days per week.