Details: Fantastic opportunity for the right candidate....this Senior Accountant will be working within a well-known/respected commercial real estate firm/within the division related to acquisitions.....wish list to include commercial development, third party real estate, partnership accounting and CAM reconciliations.....will be responsible for the accounting and reporting of development and operating projects to include reviewing general ledger for accuracy and completeness with GAAP; will post reclassifications and accruals as necessary to include interest, property tax, mortgage interest, and management fee accruals, FAS 141 and FAS 13 adjustments; will explain significant variances to budgets;will record general and limited partners' equity pick-ups, contributions and distributions related to joint ventures; review and update estimated cost to complete for sold properties; will set up and track fixed assets;calculate/record depreciation and amortization. Will calculate and post capitalized interest on equity for the limited joint venture partner. Will prepare monthly reporting package for joint venture partners and prepare/input annual development and operating budgets. Will set up leases, rent roll and tenant aging maintenance; will post recurring billings, manual billings, and related cash receipts. Will calculate and prepare invoices to reimburse ownership for common infrastructure costs, development fees, and management fees. Contract accounting - set up initial contract and input pay applications into job cost system, including recording and tracking retainage; preparing a rolling four-month cash flow forecast for all projects; prepare monthly draw package and submit to lenders and record funding;project required monthly capital calls or distributions to each of the joint venture partners; record loan transactions; record acquisitions abd dispostion transactions in accordance with GAAP. Prepare project cost summaries showing status of construction and development projects....must possess a degree in accounting and at least five years relevant experience in the real estate arena with property accounting and partnership accounting...prefers CPA. Competitive salary/bonus/benefits/opportunity for growth....awesome name-recognition Dallas based firm which offers balance of life - people do not leave the company....for more information or to send a resume, please contact
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