Property Accountant

Planet Professional
June 23, 2022
San Francisco, CA
Job Type


Job Title: Property Accountant

Direct Hire

Process: Video and in-person interviews

Industry and Size: Publicly held commercial real estate company with $3 Billion in revenue

Location: San Francisco, CA 94111

Hybrid schedule - can work remotely 6 days per month (employee can choose which 6 days) and remainder of time is in-office

Background check: Yes and need to be vaccinated to work here

Job Description:

Accountant, Property Accounting


Primary Purpose of Position:

Act as primary assistant to Senior Accountants relating to day-to-day general accounting tasks such as customer/tenant billings, accounts receivable issues, accounts payable invoice processing and other customer and accounting requests, as well as assisting Senior Accountants with financial and management reporting requirements.

Essential Functions:

  • Assist Senior Accountants with the quarterly close process, including preparing lead schedules, supporting schedules and generating reports for audit binder.
  • Assist the Senior Accountants in the preparation and review of the operating revenue/expense budgets as necessary.
  • Assist the Senior Accountants with all 404-compliance responsibilities.
  • Represent Boston Properties as an additional personal contact for customers in resolving Accounts Receivable and Accounts Payable questions.
  • Perform data entry and updates to the JD Edwards system pertaining to assigned properties including the input of journal entries.
  • Prepare the monthly and quarterly Revenue Analysis for the office and retail tenants.
  • Explain current and year-to-date revenue and expense variances.
  • Generate recurring billing comparison report and analysis on a monthly basis.
  • Assist A/R personnel to resolve issues regarding unapplied cash and other tenant billing/receivable issues as necessary.
  • Coordinate tenant invoicing through the billable work order system as necessary.
  • Coordinate tenant invoicing for building tenant authorizations, and other related charges as requested by the Property Management and Construction Departments.
  • Assist Senior Accountant with Lease Tracking responsibilities of which includes obtaining supporting documentation in order to help expedite the process.
  • Calculate quarterly sales overage for retail tenants and maintain Sales Tracking Database as necessary.
  • Prepare monthly security deposit, letters of credit, accounts receivable, mortgage payables and other balance sheet account reconciliations.
  • Assist Senior Accountants with Fixed Asset Schedules as it relates to updating FAS and entering depreciation journal entry.
  • Maintain monthly Utility expense and Occupancy schedules pertaining to assigned properties.
  • Assist Senior Accountant with the preparation of Real Estate Tax I&E forms.
  • Be a positive and productive member of the Core Group.
  • Act as back up to other Core Group members.
  • Project a positive image of Boston Properties, Inc. to all tenants or outsiders with whom this position has contact.
  • Perform day to day requests and special projects as directed by the VP, Regional Controller, Senior Managers, Managers, and Senior Accountants.
  • Perform other duties as assigned.

Requirements and Qualifications:

  • A minimum of an Associates Degree required, with a Bachelor’s degree in Accounting or Business Administration preferred.
  • A minimum of 0-2 years of related experience required. Experience in customer service, billing, accounts receivable, accounts payable or general accounting preferred.
  • Effective communication and interpersonal skills coupled with the ability to resolve difficult situations and conflicts effectively.
  • Proficiency with word processing, database and spreadsheet packages, specifically Microsoft Word and Excel.
  • Leadership abilities in comparable team role and an effective team member and leader.
  • Self-confident individual that can operate independently and formulate sound decisions.
  • Ability to handle multiple tasks, deal with diverse problems, work under pressure, and meet deadlines.

Internal and External Contacts:

  • Regularly interfaces with Boston Properties employees, Property Managers, and tenants.

Reporting Structure:

  • This position reports directly to the Senior Manager and VP, Regional Controller.

As a federal contractor and in observance of our company’s vaccination policy, Boston Properties is required to verify that all employees are fully vaccinated against COVID-19, therefore, all offers of employment are contingent on the candidate providing proof of being fully vaccinated against COVID-19. Individuals with medical conditions or sincerely held religious beliefs that prevent them from getting the vaccine can request an exemption from the vaccination requirement.

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