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
This job is no longer active.