Job Description
Position: Property Accountant
Company: National Healthcare Properties, Inc.
Location : Hybrid with work in Warwick, RI location as needed
About the Company:
National Healthcare Properties, Inc. is a publicly registered real estate investment trust focused on acquiring a diversified portfolio of healthcare real estate, with an emphasis on seniors housing and outpatient medical facilities, located in the United States. We strongly believe that our dedicated cross-functional team of seasoned professionals is the driving force behind our company’s continued success.
Position and Responsibilities
Main role responsibilities and requirements:
· Strong understanding of GAAP accounting procedures and guidelines as they relate to real estate accounting (straight line amortizations, allowance for doubtful accounts, accrual basis of accounting).
· Month-end/year-end accounting close experience including preparation and/or review of balance sheet and income statement reconciliations such as:
o Performing account analysis and reconciliation, including bank statements and intercompany general ledger accounts.
o Reviewing general ledger accounts and adjusting GAAP accrual journal entries.
· Analyze lease documents with ability to understand their impact on financial statements and manage tenant lease details and review all tenant inputs into database, not exclusive of financial data.
· Process tenant billings including common area maintenance, real estate taxes, repairs & maintenance, insurance and other operating expenses.
· Develop annual property budgets and address inquiries during year-end audits with external auditors.
· Serve as the primary contact for tenant and internal client inquiries related to assigned properties.
· Monitor cash flow for complex properties and ensure accurate distribution and reporting.
· Analyze and explain any material monthly fluctuations to management and as response to audit inquiries.
· Assist with maintenance of subledgers for fixed assets and job cost including reconciling to the general ledger and determining cash requirements and capital commitments.
· Implement SOX Control requirements for accounting processes.
Other responsibilities :
· Address requests of both internal and external audit teams.
· Daily review and general ledger codification of accounts payable Avid Invoices.
· Maintain supporting documentation for assigned areas.
· Provide support on special projects and senior management requests.
Qualifications
· Bachelor’s degree in accounting or finance
· CPA preferred, or on path toward
· Minimum three years of experience in an accounting role, preferably in commercial real estate/property management and with a mix of public and industry experience
· Advanced Excel skills and strong familiarity with database management
· Attention to detail when preparing and reviewing files
· Ability to work in a fast-paced environment and overtime as needed
· Superior written and verbal communication skills
· MRI/Yardi/AVID/FAS experience preferred
Compensation
Compensation will be commensurate with experience and capabilities. We offer competitive structures that include base and bonuses, as well as a full benefits package, which include medical, dental and vision insurance, life insurance, 401(k) matching, vacation, holiday and personal time off policy, option to work hybrid, company workspaces/amenities and other benefits.
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