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Property Accountant

Company: Bridge Investment Group, LLC
Location: Savannah
Posted on: January 16, 2020

Job Description:

Bridge Investment Group is a leading privately held real estate investment and property management firm with over $20+ billion in assets under management. Bridge pursues investment opportunities in targeted real estate sectors that offer attractive returns including current income and capital appreciation. Its real estate activities encompass the acquisition, financing, property management, optimization and disposition of real assets and CRE-backed fixed income securities. The Company operates in five targeted verticals; multifamily, office, seniors housing, opportunity zone investments and CRE-backed fixed income, and has specialized investment teams focused on each of these areas to generate above-market returns for its investors. Bridge Culture Bridge is well-regarded for its high integrity and collaborative leadership culture that rewards both individual thinking and team decision-making. Our leadership are seasoned professionals who bring their vast experience and high standards of excellence to their work.Given our horizontal scope and vertical integration, Bridge professionals are empowered to work across functional teams. As a result, they are deeply specialized and highly versatile with a clear understanding of how their roles fit into a broader context.Our leaders value career development and take seriously the role they play in developing next generation leaders. Bridge professionals embody accountability and seek to deliver high-quality results through creativity and innovation. The Property Accounting Team is responsible for the accounting and financial reporting for assets owned by Bridge, as well as third-party clients. This responsibility covers the entire accounting cycle, from preparation of budgets, to monthly and quarterly reporting, to completion of tenant CAM reconciliations. The Property Accounting Team works closely with other departments in order to produce reporting results. These departments include property management, asset management, and the tax department. The Property Accountant is responsible for journal entries, bank reconciliations, financial statement preparation, accounts receivable and tracking daily and monthly cash disbursements and receipts. ESSENTIAL FUNCTIONS

  • Reconcile Accounts Receivable, security deposits and rent roll to financial statements for all properties
  • Calculate Gross Potential Rent and Management Fees
  • Prepare monthly financial reports, prepare monthly journal entries, statement preparation and bank reconciliations.
  • Assist compiling key budget information
  • General ledger analysis and review
  • Review Accounts Payable function
  • Assist with Financial Audits
  • Reconcile Prepaid Rents to Financial Statements
  • Prepare cash transfer requests
  • Research and answer Property Managers' questions regarding tenant statements
  • Follow Bridge policies and procedures and comply with laws Bridge Accounting Policies and Procedures
  • Special projects and other responsibilities as assignedPOSITION QUALIFICATIONS Knowledge of Real Estate transaction processes, including review of tenant leases Knowledge of accounting principles and procedures Experience with Accounting for Multi-Housing Real Estate Must use Excel proficiently Must be proficient in General Office Equipment and multiple software packages Ability to represent company in a professional mannerSKILLS AND ABILITIES Bachelor's Degrees in Accounting or related field or equivalent experience Up to 1 year of real estate accounting Operates in a professional office environment; Routinely uses standard office equipment such as computers and phonesJob ID: 2019-2195 External Company Name: Bridge Property Management External Company URL: https://www.bridgepm.com/ Street: 5 Concourse Parkway, Suite 500

Keywords: Bridge Investment Group, LLC, Savannah , Property Accountant, Accounting, Auditing , Savannah, Georgia

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