Brandywine Realty Trust

  • Portfolio Accountant

    Job Locations US-PA-Philadelphia
    Posted Date 2 weeks ago(4/5/2018 4:27 PM)
    ID
    2018-1499
    # of Openings
    1
    Category
    Accounting/Finance
  • Overview

    Brandywine Realty Trust is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Washington, D.C., and Austin markets. We own, develop, lease and manage an urban, town center and transit-oriented portfolio. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together. Our deep commitment to our communities was recognized by NAIOP naming Brandywine the 2014 Developer of the Year — the highest honor in the commercial real estate industry.

     

    We are currently seeking an experienced and eager Portfolio Accountant for our Corporate Headquarters in Philadelphia.

    Responsibilities

    • Review lease profiles and lease documentation and forward to corporate accounting.
    • Process move-ins/outs and calculate new CAM estimates and final CAM reconciliations.
    • Responsible for interaction with property managers, leasing agents, and corporate accounting.
    • Assist with accounts receivable collection efforts
    • Assist with review, research and resolution of tenant account issues.
    • Communicate with management on any ongoing accounts receivable issues.
    • Correspond with accounts receivable administrator to resolve any cash application questions and correct misapplied items.
    • Process CM Batches to adjust tenant accounts and apply credits and serve as backup for posting bill-backs to tenant accounts.
    • Review and post cash for region.
    • Review general ledger to ensure accuracy of coding.
    • Calculate and post month end accruals, prepaid re-classes, and journal entries.
    • Communicate to property managers concerns/questions relating to the property income statements.
    • Review rent rolls to ensure accuracy and completeness and request move-ins/outs from property management.
    • Review recurring charges for all tenants to ensure charges are posting correctly.
    • Assist in preparation of Monthly Variance Package which includes providing explanations for actual vs. forecast.
    • Update corporate accounting balance sheet schedules (Accruals, Prepaid RE Taxes, and Unamortized R&M).
    • Move and apply all prepaid rent.
    • Send Late and Default Letters for any tenants with outstanding balances.
    • Prepare Rent Escalation Letters for all tenants with upcoming rent increases.
    • Review preliminary late fee report and send adjustments to corporate.
    • Review monthly auto debit report.
    • Bank account reconciliation
    • Review tenant billbacks before posting.
    • On quarterly basis, calculate and post entry to distribute expenses from common entities to corresponding buildings. Provide explanations for quarterly variances.
    • Assist with analyzing CAM variances between MRI and Argus.
    • Prepare Brandywine CAM Estimates and prior year CAM Reconciliations.

    Qualifications

    • B.S. degree in Accounting
    • 2-4 years of relevant experience.
    • Proficiency in Microsoft Office required, specifically in Excel, Word, and Outlook.
    • Experience with accounting software (such as MRI) preferred.

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