Company Description
Jonathan Rose Companies is one of the country’s leading owners, developers and operators of green affordable and mixed-income communities. Founded in 1989, Rose has created projects with more than $4.2 billion of value with a current portfolio of 19,000 apartment homes in 15 states and Washington DC.
Our mission is to create a more environmentally thriving, socially just world through the development, preservation, renovation and management of green, affordable and mixed income housing.
The firm is a fully integrated investment management, development and asset management company with property management, construction management, solar energy, mortgage finance and title company affiliates.
We strive to achieve positive environmental impact by investing in energy efficiency, decarbonization, and water conservation to reduce our use of natural resources and toxins. Our social impact is achieved by preserving and expanding housing affordability, and connecting our residents to health, education, financial, cultural and social services. And we aim to achieve these impacts in a co-creative process with governments, our residents and staff.
We are signatories to the United Nations Principles for Responsible Investing (UN PRI), benchmark performance annually through GRESB, and align our reporting with the Task Force for Climate-related Financial Disclosures (TCFD) guidelines, SASB Standards, and GRI Standards.
Position Description
The Accounting Analyst is responsible for the overall property accounting on both a GAAP and Tax basis. Responsibilities include financial analysis, review and reporting for multiple Federally Assisted Housing properties. The Accounting Analyst reports to the Accounting Manager and is responsible for the timely and accurate preparation of journal entries, issuance of operating cash flow reports, reporting packages, standard account reconciliations, assisting with budgeting, variance analysis and annual audit work papers.
The salary range for this position is $65,000-$75,000 per year.
Responsibilities:
- Analysis and preparation of journal entries for each monthly close on both a GAAP and Tax basis. Determine appropriate accruals, standard entries, allocations, reclasses and adjustments to accurately reflect the monthly results of each property.
- Communication with Property Managers and Internal Management to ensure completeness and accuracy of income and expenses as well as the exchange of information on various projects.
- Generate financial reports to report monthly, quarterly and annual results.
- Review operating cash flows, balance sheets and income statements for accuracy and completeness.
- Preparation of standard account reconciliations including bank account reconciliations , expense and income review, journal entries, supporting analysis, escrow analysis, accounts payable, accounts receivable and fixed asset analysis including depreciation, additions, and disposals.
- Responsible for analyzing and recording fixed asset additions, disposals, acquisitions, and sales and depreciation postings in accordance with fixed asset capitalization policies. Responsible for ensuring the BNA fixed asset reports are complete and accurate.
- Prepare monthly reporting for Lenders, Partners and other third parties.
- Support the annual budgeting and projection processes.
- Preparation of documentation to support year-end close and related audit packages.
- Ensuring timely payment of certain property expenses such as mortgage payments, taxes and various other expenses.
- Preparation of sales/use tax filings on a monthly/quarterly basis.
Requirements:
- Bachelor’s Degree in Accounting required.
- Note: 5-7 years of experience can offset minimum educational requirements.
- 3-4 years of experience with accounting, forecasting and financial analysis required.
- 1-2 years of experience with a Real Estate Management Company or in Public Accounting preferred.
- CPA Certification preferred.
- Strong general ledger knowledge required.
- Ability to perform and manage various daily, weekly, and monthly duties and contribute productively in a team environment required.
- Technology skills (Microsoft Office, Suite, especially Excel, etc.) required.
- Oral and written communication skills required.
- RealPage software experience preferred.
- Yardi Systems experience preferred .
Rose Companies Benefits:
At Rose Companies our goal is to provide an affordable and comprehensive benefits package that provides security for you and your family and supports your overall wellbeing. Benefits offered include, but are not limited to: Medical, Dental, Vision, Flexible Spending Accounts, Life, Short-Term Disability, Long-Term Disability, 401K with company match, competitive paid time off policy, paid holidays, parental bonding leave and educational assistance.
Rose Companies is committed in policy and practice to providing equal employment opportunities for all applicants and employees, based upon their training, experience, and overall qualifications. Consistent with this commitment, discrimination against an applicant or employee based upon the individual’s race, color, creed, religion, sex, gender, age, national origin, ancestry, citizenship status, marital or familial status, sexual orientation, gender identity, gender expression, disability, military status, protected veteran status, genetic information, or any other condition or characteristic protected by law is strictly prohibited.