Property Accountant

Bridge Investment Group Salt Lake City , UT 84101

Posted 2 days ago

Make an impact

As a Property Accountant for our new development properties, you will handle accounting tasks specifically designed for both office buildings and multifamily residences under construction or recently developed. You will oversee the full accounting cycle, including journal entries, bank reconciliations, financial reporting, and accounts receivable/payable. Collaborating closely with property management, asset management, and other departments, you will ensure the delivery of accurate financial results for our innovative property projects.

Key Responsibilities:

  • Prepare and analyze monthly, quarterly, and annual financial statements and reports for new development properties.

  • Manage accounting operations such as Billing, A/R, A/P, and Treasury specific to development activities.

  • Reconcile bank accounts, tenant CAM (Common Area Maintenance), rent roll, and security deposits associated with newly developed properties.

  • Oversee Accounts Payable and Accounts Receivable processes for all new units and buildings.

  • Handle general ledger analysis and financial audits for the development portfolio.

  • Prepare budgets, financial forecasts, and analyze variances related to new projects.

  • Perform cash management functions and manage cash disbursements and receipts for development expenses.

  • Ensure accuracy in financial transactions and reporting for new properties.

  • Research and resolve questions from property managers regarding tenant statements for new developments.

What you should bring to the role

  • Bachelor's degree in Accounting or related field, or equivalent experience.

  • 1-5 years of experience in real estate accounting (both multifamily and commercial real estate preferred, especially in new developments).

  • Strong understanding of accounting principles and real estate databases pertinent to new projects.

  • Proficiency in Excel and accounting software tailored to development finances.

  • Experience with financial audits, budget preparation, and CAM reconciliations for newly constructed properties.

  • Ability to manage multiple tasks and projects related to new developments while ensuring accuracy.

  • Strong analytical skills and attention to detail regarding financial details of new properties.

  • Ability to work with different teams and departments during the development process.

  • Familiarity with real estate financial reporting, including contracts and property management transactions for new developments.

  • Experience in preparing budgets and forecasts for new projects, alongside handling corporate accounts.

  • A commitment to following company policies, state, and federal laws related to real estate development.

What you will be part of

This role offers a chance to grow in a dynamic environment while contributing to the financial success of our exciting portfolio of new development properties. If you enjoy working in real estate accounting and thrive in a collaborative setting, this is the perfect opportunity for you!

What we offer

  • Generous base salary and bonus program

  • Full benefits suite including 401K, above-average PTO, Parental Leave, and Medical, Dental, Vision

  • Access to benefits concierge service

  • Access to Mental Health & well-being service

  • Be part of a culture that is truly open door, with access to mentorship, leadership training, career advancement, and innovation

  • Opportunities to join employee resources groups and participate in events hosted by the Bridge Women's Network, Black Inclusion Group, BIG Pride, Allies for AAPI, Unidos Latino and Hispanic Group, Bridge of Honor Veterans, and Advocates for Accessibility

  • Opportunity to be involved in community outreach and charity events

We at Bridge acknowledge and appreciate the uniqueness of each individual, understanding that our people are the key to our success. We are committed to fostering an inclusive environment where everyone feels respected and valued. Our dedication extends beyond our business goals to making a positive impact in our communities and upholding Sustainability and Responsibility (S&R) principles at our properties and corporate locations. We evaluate all candidates based on merit, without any discrimination based on race, color, religion, sex, age, disability, sexual orientation, national origin, or any other category protected by law. As an equal opportunity employer, we are devoted to creating an inclusive hiring process. We actively work to eliminate barriers and provide reasonable accommodations to qualified individuals with disabilities. Our goal is to provide fair opportunities and access throughout the recruitment, hiring, and employment experience. Your specific needs are important to us. If you need accommodations related to a disability or any other protected status during the recruitment process, please inform us.

Want to talk with someone about Bridge Culture?

At Bridge, we understand that joining a new workplace is a significant decision. To help you gain deeper insights into our culture, we offer "Culture Conversations." This initiative reflects our commitment to transparency, diversity, and inclusivity.

Culture Conversations are voluntary, one-on-one sessions designed for applicants to connect directly with our diverse staff members. It's your chance to explore the Bridge work environment, ask questions, and get a genuine feel for what it's like to be part of our team.

How it Works:

Culture Conversations are entirely voluntary. Feel free to opt in based on your comfort and curiosity. Choose Your Conversation Partner: We believe in the power of choice. Browse through our diverse group of staff members and select someone you'd like to have a conversation with. This ensures that you connect with someone whose experiences and insights align with your interests. No Impact on the Hiring Process: Your decision to participate or not in Culture Conversations has no bearing on the hiring process. We value your time and references.

Why Participate:

You get to have a firsthand understanding of our workplace culture. Informed decisions lead to fulfilling careers. Culture Conversations empower you with the information needed to make the right choice for your professional journey.

  • Personalized Connection: Connect with an employee who resonates with your professional interests.

  • Inclusivity: Embrace diversity by choosing a conversation partner from various backgrounds and roles.

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