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| Job Category : | Business |
| Company Name: | MIT |
| Position Name: | Property Accountant |
| Location : | 600 Memorial Dr Ste 1, Cambridge, MA 02139 |
| Job Description : | Working at MIT offers opportunities, an environment, a culture – and benefits – that just aren’t found together anywhere else. We value diversity and strongly encourage applications from individuals from all identities and backgrounds, like yours. If you’re motivated, want to be part of a unique, multicultural, collaborative, and inclusive community, and help shape the future – then take a look at this opportunity. Information on MIT’s COVID-19 vaccination requirement can be found at the bottom of this posting. PROPERTY ACCOUNTANT, MIT Investment Management Company (MITIMCo)-Real Estate Accounting and Finance Team, to support the real estate controller in overseeing day-to-day accounting- and finance-related activities for the operating properties managed by Cambridge Real Estate. Responsibilities include reviewing monthly operating property financial reporting prepared by third-party administrators to maintain the integrity of real estate sub-ledgers; ensuring completeness of monthly records/reporting; reviewing yearly recovery calculations for assigned properties; preparing bad debt analysis; preparing monthly performance upload; assisting with coordination of the bi-annual real estate tax and yearly PILOT tax payments; preparing lender financial compliance reporting; aiding with the preparation of annual budgets and quarterly reforecasts; assisting with preparation of schedules and supporting documentation for annual audits; monthly review and reconciliation of operating capital costs; compiling property level financial information for annual appraisal process; assisting with the asset transition process to ensure capitalization and expense activity is appropriately tracked; participating in the review and validation of lease abstracts; ensuring proper treatment is recorded in the accounting systems for acquisitions, dispositions and asset transfers; assisting with planning and integrating systems, data, and reporting to create efficiencies; and assisting with special projects and other tasks as assigned. MITIMCo is a leading investment management firm which invests exclusively on behalf of MIT. Job Requirements REQUIRED: bachelor’s degree in finance- or accounting-related field; at least three years’ related experience, preferably in property accounting; self-motivation, initiative, and comfort suggesting process improvements/new ideas/solutions; strong computer skills, including proficiency with Microsoft Office (Word, Excel, PowerPoint) and knowledge of other relevant technology; excellent analytical, organizational, and time-management skills; and ability to multitask and work effectively in a fast-paced environment. PREFERRED: experience with Yardi. Job #20872-7 |
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