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Cedar Realty Trust, Inc.

Property Accountant

Salary
Competitive
Employment
Full Time
Work Place
Part Remote
Real Estate Field
  • Accounting / Control
Location
Massapequa
 NY
Postal Code
11758
Country
United States

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Description


Cedar Realty Trust, Inc. (NYSE: CDR) is a fully-integrated real estate investment trust which focuses on the ownership and operation of primarily grocery-anchored shopping centers straddling the Washington DC to Boston corridor. The Company’s portfolio is comprised of 54 properties with approximately 8.1 million square feet of gross leasable area.


Summary:

Cedar currently has an outstanding career opportunity for a Property Accountant. This position is responsible for compiling financial statements, supporting schedules, property rent rolls, management fee calculations and general ledger.  The Property Accountant will also prepare depreciation/amortization schedules and straight-lining of rent schedules necessary to reflect the financial statements on a GAAP basis.

This position will report to the VP, Property Accounting and be located in our Massapequa, NY office.

 

Specific Responsibilities:

  •  Prepare monthly, quarterly and annual reports for each property
  • Complete variance analysis comparing monthly expenses, percentage changes and year-to-date information
  • Abstract lease documents and determine appropriate set-up within the billing system
  • Approve monthly rental bills, adjustments and respond to tenant inquiries regarding their accounts
  • Facilitate tenants inquiring about rental bills, lease agreements, and expenses
  • Monitor accounts receivable process; i.e., verifying proper application of receipts, and collected overdue accounts
  • Review accounts payable functions, assuring proper payment and accounting of ordinary and routine operating expenses, as well as larger capital expenditures
  • Prepare and subsequently bill annual common area maintenance reconciliation, and real estate tax reconciliation

Qualifications: 

  • Bachelor’s degree in Accounting or Finance
  • Minimum of 2 years of accounting experience. Real Estate accounting experience, a plus
  • Experience with MRI software, a plus
  • Superior skills in Excel and other computer processes
  • Ability and willingness to meet deadlines and maintain accuracy over large quantitative sets of data
  • CPA and Public Accounting experience, a plus

Job Function


  • Accounting / Control
 

Job Sector


  • Retail
 

Experience


2+ to 5 years


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