What are the responsibilities and job description for the Senior Portfolio Accountant position at The RMR Group?
Overview
Supervise and perform the primary accounting function for the corporate and property level General Ledgers (G/L) of a diverse publicly traded REIT. This position requires close coordination with the Accounting Manager, Manager of SEC Reporting, Accountants, and other Accounting Department personnel. Developing strong relationships with third party managers and tenants is also required. The Senior Portfolio Accountant reports to the Manager, REIT Accounting.
Responsibilities
- Prepare, generate, and review financial reports and supporting workpapers monthly, quarterly, and annually on a GAAP basis. Analyze results.
- Maintain the general ledger and prepare/review journal entries and general ledger account analysis. Apply consolidation concepts and accounting for the TRS portfolio.
- Review monthly senior living communities’ operating statements ensuring preparation in accordance with management and lease agreements.
- Handle all financial aspects of several portfolios of senior living communities.
- Prepare debt covenants as stipulated in the applicable agreements.
- Assist with the preparation of SEC filings and related public disclosures. Assist external auditors during their review and audit of the Company's public filings.
- Assist in the internal audit process, including updating internal control policies and testing.
- Facilitate the calculation and payment of corporate G&A expenses due to RMR.
- Develop and foster a strong relationship with third party senior living communities’ managers, tenants and RMR asset management staff.
- Maintain communication with the third party senior living communities’ managers, Department Managers, Corporate Accounting, AR/AP and the Asset Management team.
- Cross train on other portfolios within the REIT and provide backup support as needed. Utilize experience to assist in the development of others.
- Maintain cash reporting and monitoring for scheduled debt service payments.
- Perform special projects as needed and provide support to senior management.
- Strive to identify areas where procedures and efficiency can be improved.
Qualifications
- Bachelor's Degree in Accounting, Finance, or Business Administration.
- 3 years of accounting experience.
- Ability to work in a fast-paced, collaborative and results-driven environment.
- Strong analytical skills and ability to identify areas of process improvement opportunities.
- Willingness to complete daily responsibilities and any special projects with high accuracy and timeliness.
- Strong attention to detail.
- Exceptional organizational skills and verbal and written communication skills.
- Commitment to continued professional improvement and development.
- Approachable and accessible.
- Proficiency with Property Management/Accounting software. Yardi preferred.
- Proficiency with Excel, Word and other Windows applications.
- CPA preferred.#LI-KF1
Company Overview
The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is strengthened by over 1,100 real estate professionals in more than 30 offices nationwide who manage over $41 billion in assets under management and leverage more than 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of real estate strategies across its clients. RMR has been recognized by The Boston Globe as a “Top Place to Work”, by the Environmental Protection Agency (EPA) as an “ENERGY STAR Partner of the Year” and ranked by the Building Owners and Managers Association (BOMA) as having one of the highest number of BOMA 360 designated properties in its portfolio. RMR is headquartered in Newton, MA and was founded in 1986.
RMR’s mission is to create long term value for our clients by managing their investments and assets “like we own it” – an approach that consistently and repeatedly generates opportunities for all our employees, investors and stakeholders. We are guided by six core values:
- Integrity at Our Core.
- Perform Passionately and Effectively.
- Inspired Thinking.
- Like We Own It.
- Power of We.
- Mutual Respect.
Visit our website to learn more about what makes The RMR Group a rewarding place to build a career.
Follow RMR on LinkedIn, on Instagram @thermrgroup and on Twitter @The_RMR_Group.
The RMR Group is an equal opportunity employer. Qualified applications will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. For our EEO Policy Statement, please click here. If you’d like more information on your EEO rights under the law, please click here.
