Senior Property Accountant

Senior Property Accountant needed for a Nashville Real Estate Development Company.

C.B. Ragland Company (“CBR”), established in 1919, is a privately held commercial real estate company based in Nashville, Tennessee that has been leading the transformation of downtown Nashville over the last 25 years. With investments in office, retail/restaurant, hospitality, industrial and parking, CBR’s assets are located in some of the city’s most dynamic submarkets, including SoBro, The Gulch, Germantown, and Berry Hill. In addition to its portfolio of stabilized assets, CBR has significant land holdings for future mid- and high-rise development. As real estate owners in Nashville’s downtown core for over a century, CBR strives to develop projects that enhance the city’s built environment and have a positive impact on the community at large.

C. B. Ragland is seeking an experienced Senior Property Accountant to support its growing property and asset management divisions. 

Work Scope

The Senior Property Accountant will have responsibility and assist in all areas of property accounting and financial reporting including, but not limited to:

• Accounting liaison to property management teams
• Supporting property management teams with property budgets, cost management and control, forecasting, identifying financial risks and opportunities, property accounting systems, and data integrity withing the systems and processes
• Supporting company leadership as well as internal and external customers on property financial reporting and analysis ensuring transparency on property information relating to profitability, risks and opportunities
• Ensuring accounting internal controls and property controls are appropriate withing the workflows, processes and procedures of the property accounting function

Education & Experience Requirements

• Bachelor’s degree in Accounting, Finance or Business Administration from an accredited institution
• Minimum 5 years professional accounting experience with relevant experience and understanding of the financial implications related to lease contract language, property management and controls, budgets and forecasting, revenue and cost management
• Public accounting and/or real estate accounting experience
• Strong working knowledge and application of Generally Accepted Accounting Principles
• Working knowledge of internal controls necessary to avoid misappropriation of cash and assets
• Ability to analyze, interpret data and legal documents in order to draw conclusions, including lease agreements and lender agreements
• Proficient in Microsoft Office Suite, intermediate Excel skills
• Proficiency with complex financial systems and applications

Soft Skill Requirements 

• Critical thinking, problem identification and resolution skills
• Strong customer service skills with internal and external partners, positive attitude and professionalism
• Self-starter exercising good judgement
• Adaptable and flexible to operate in a complex, changing environment with some uncertainties
• Ability to analyze data and present findings in an organized manner
• Ability to meet deadlines, manage multiple priorities with attention to detail and sense of urgency
• Ability to exchange ideas, information, and opinions with others to formulate decisions, conclusions, and solutions
• Ability to work independently and as a team member
• Effective communicator (oral, written and listening)
• Sensitive to confidential information

Preferred Experience

• Yardi Platform
• Commercial, retail, hospitality, or multi-family property accounting
• Multi-entity environment

 Job Essentials & Responsibilities

• Partner with the Property Manager and Accounting team to ensure accuracy of financial reporting and budgets
• Participate and assist in annual plan/budget preparation process by preparing revenue projections, cost projections and variance analysis
• Prepare and review monthly and quarterly operating reports for investors and lenders, working closely with Asset Managers and Property Managers
• Review and analyze the general ledger to ensure records are kept in compliance with GAAP accounting
• Assist in a timely month end financial closing of property financials ensuring appropriate and accurate documentation of reconciliations, accruals, entries and adjustments
• Prepare and review monthly financial statements and supporting schedules
• Maintain fixed asset subledgers to ensure capital assets are properly captured, depreciated and disposed.
• Assist in cash management by ensuring daily reconciliation of activity, processing cash receipts and projecting future short-term cash needs
• Assist in annual financial review and tax preparation by providing requested supporting documentation by CPA
• Perform Accounts Payable functions including invoice processing, vendor setup / maintenance, subledger maintenance and timely payment processing, ensuring proper approvals are in place
• Perform Accounts Receivable functions including customer setup / maintenance, subledger maintenance, preparing and submitting all approved property billings, work order billings, expense re-billings with appropriate documentation and collection of aged receivables  
• Prepare the annual expense reconciliation in accordance with tenant leases
• Identify continuous improvement opportunities in workflow processes, procedures, system utilization, and paperless document control
• Responsible for ensuring integrity of data between property management and accounting systems, troubleshooting problems to determine root causes, and initiating corrective actions.

 Benefits 

• Company paid health, vision and life insurance
• Dental insurance options
• 401K with up to 4% match
• 8 paid holidays
• 2 paid personal days
• Vacation and sick leave available
• Bonus eligible
• Paid parking

 Job Type: Exempt Full-time