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Sr. Property Accountant

Company: The Schochet Companies
Location: Braintree
Posted on: September 25, 2022

Job Description:

The Schochet Companies is currently seeking a Sr. Property Accountant atour corporate office in Braintree, MA.
A recognized leader in multifamily development and property management, with a specialexpertise in affordable housing, the Schochet Companies owns and/or manages nearly 5,500apartments and 50,000 square feet of commercial space throughout New England. We arelooking for an exceptional candidate to bring their skills and talent to our exciting and growingcompany, where you would join a team of the very best professionals working to develop andacquire critical affordable housing (and other multifamily) assets with an eye towardrevitalizing and enhancing the marketability, livability, and quality of every community weserve.
Responsibilities include but not limited to maintaining the general ledger for 15-18 properties and completing bank reconciles for various other entities on a team of two. In addition, the position will also prepare for the year-end audits, prepare monthly financials for each property, prepare a budget, coordinate month-end close with site managers and reconcile the balance sheet accounts for each property.
In addition to the above items, this position has the following quarterly and annual duties.


  • Review and record monthly reimbursements and management fees. Notify property managers of subsidies received.
  • Provide documentation to auditors as requested. Review audit and tax return documents after they are completed by auditors.
  • Create yearly property budgets with property managers and send them to appropriate housing authorities.
  • Work with property managers on addressing housing authority questions on MORs and PMRs.
  • Prepare schedules as needed for Cost Certifications
  • Work with site staff to create a yearly budget for the property in accordance with modeled financial projections
    Qualifications:
    • Computer knowledge, including email, word processing and spreadsheet applications and accounting software. Prior experience with Yardi is beneficial but not required.
    • Bachelor's in Accounting, Business or Finance is required.
    • Self directed and team player.
    • 3+ years of prior accounting experience in a Real Estate or Public Accounting setting. Experience with LIHTC and development accounting is strongly preferred.
    • Excellent communication and organizational skills required.
      Come join our team that offers over 50 years of encouraging growth and employee retention!The Schochet Companies offers a comprehensive benefits package that includes health, dental,401k and more available on your first day. All new employees accrue 3 weeks of vacation peryear, 12 paid holidays, 5 sick days, 3 personal days per year and many other great perks.
      Please submit resume here or fax to 617-830-0373. Background check and drug test required. EOE For more information on this position please call Robin @ 617-398-5144. www.schochet.com

Keywords: The Schochet Companies, Boston , Sr. Property Accountant, Accounting, Auditing , Braintree, Massachusetts

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