Boston Properties is a real estate company founded in 1970 and headquartered in Boston, Massachusetts. They have 750 individuals who are bringing talent, experience, and insight to identify real estate opportunities. They have financial strength, industry relationships, focus on sustainable and responsible business. They have their business in five markets such as New York, San Francisco, Boston, Los Angeles, and Washington DC. It is an integrated real estate company and they are providing substantial help to new businesses to grow and thrive. They are providing multitudes of services such as Retirement saving plan with company match, Health, dental, and vision insurance, Generous Paid time off, Commuter benefit program, Tuition Reimbursement, Wellness programs, and many more. They have multiple specialties in which they are providing their services such as Property Management, Construction Management, Commercial Real Estate, Real Estate Development, REIT, and Real Estate Acquisition, and many more. They used to recruit new talented in many domains such as Payroll coordinator, Property Management Coordinator, Assistant Property management, Building Engineer, Concierge Representative, and many more. Their employee’s annual growth rate is 1%.
Property Accountant Primary Purpose of Position: Manage, audit and analyze all financial matters related to assigned portfolio. Serve as the financial expert and primary facilitator of all financial matters for assigned properties. Essential Functions: Manage, analyze and audit tenant accounts to ensure they are billed correctly each month for all rental and additional charges per their lease and investigate and resolve all discrepancies. Research and assess all vendor payments to ensure they are properly coded prior to payment. Analyze and prepare quarterly Tax and GAAP financial statements, including all supporting schedules as scheduled. Present formal revenue and expense variance explanations via Asset Advantage on a quarterly basis in conjunction with property management. Perform analysis and develop financial reports and related schedules in accordance with lender and/or third party requirements. Analyze and prepare tenant operating and real estate tax escalations for assigned properties’ monthly payment and annual true-up. Audit and ensure accuracy of various databases, such as Lease Tracking, BP Loan Summary, Rent Roll, Lease Abstract, for assigned portfolio. Serve as a resource and assist with preparation of portfolio annual budgets and quarterly re-forecasts. Work with Lease Administration, Accounts Receivable, Accounts Payable, Tax, Finance and Legal Departments to obtain necessary information for the completion of financial statements. Perform required analysis and develop external reports for compliance with all agreements (sales & use returns, i&e forms etc.). Audit and prepare reconciliation of all accounts (i.e. workorder, etc.). Examine and comprehend all management, development, joint venture agreements and mortgage documents for assigned properties. Analyze and prepare depreciation and fixed asset schedules on a monthly basis. Provide Regional Controllers and all other BXP personnel with the highest level of service. Non-Essential Functions: Perform other duties as assigned. Requirements and Qualifications: BA/BS degree in Business Administration or Accounting required. A minimum of 1 to 3 years of accounting experience required. A minimum of 3-5 years of experience strongly preferred. Previous accounting experience in commercial real estate settings or related industries preferred. Solid computer skills with proficiency in MS Excel required. Proven organizational skills with ability to set priorities, manage multiple projects and meet deadlines. Self-starter capable of finding solutions with minimal supervision. Ability to interact with co-workers, tenants or vendors in an articulate, courteous and business-like manner at all times. Ability to work under pressure. Ability to work independently, as well as part of a team. Adaptability to changing demands. Effective problem solving skills. Ability to multitask. Strong communication skills, both written and oral, as well as solid interpersonal skills. Knowledge of JD Edwards accounting software desirable. Physical Requirements: Involves work of a general office nature usually performed sitting such as operation of a computer. Involves work of a general office nature usually performed standing such as operation of a fax and printer. Involves work such as tours throughout property portfolio usually performed by walking and by climbing stairs. Involves movement between departments to facilitate work.