Senior Accountant - Property Transitions

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Senior Accountant - Property Transitions

Stream Realty

icon Dallas, TX, US, 75201

iconFull Time

icon7 November 2024

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Company Description

ABOUT STREAM REALTY PARTNERS 

Founded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. With 250+ million square feet of assignments and more than $6.9 billion in annual transactions, we are one of the fastest-growing, full-service commercial real estate services organizations in the country. We’ve grown from our two original partners to 1,300+ talented individuals that come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. More information on the firm is available on the website: www.streamrealty.com.  

IMMEDIATE IMPACT. MEANINGFUL CAREER. 
 
At Stream, we know our success begins and ends with our people. It’s the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our client’s needs while instilling you with unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won’t simply start a new job—you will build a meaningful and impactful career. 

Job Description

The Property Transitions Senior Accountant is responsible for assisting the Property Transitions Manager in aspects of the accounting set-up and transition of newly contracted or purchased property assignments and sold or terminated assignments. This position collaborates with the necessary parties (clients, property management companies, Stream coworkers) to ensure the timely completion of quality deliverables. In performing the essential functions of this role, there will be direct participation in client relationship management with guidance from the Property Transitions Manager.  

PRIMARY RESPONSIBILITIES 

  • Assist the Property Transitions Manager with job tasks and projects as requested.  
  • Coordinate with the Treasury department to set up bank accounts as prescribed in the management agreement. 
  • Prepare and/or release wires as needed. 
  • Collaborate with the Stream or client financial systems staff to ensure the accurate transition of historical ledger data. 
  • Map the General Ledger Accounts for clients who are requiring their own chart of accounts. 
  • Prepare the first full month reporting cycle to ensure A/P, A/R and the financial statement package meet the requirements of the management agreement. 
  • Communicate and interact frequently with all stakeholders in Property Management, Property Accounting, IT, Treasury, and assigned client contacts. 
  • Ensure compliance with SOC I requirements. 

Qualifications

  • 3+ years of related accounting/reporting full-cycle GL experience 
  • Prior Real Estate Experience required 
  • Comfortable interacting with clients to understand requirements  
  • Demonstrated advanced quantitate analytical and accounting skills, a clear understanding of accounting principles, and ability to solve complex issues and problems 
  • Intermediate to advanced competence in MS Excel, MS Outlook, and MS Teams 
  • Experience with various accounting systems, MRI and Yardi experience preferred 
  • Exceptional collaboration, verbal, and written communication skills, with a passion for customer service for both internal and external clients. 
  • High level of motivation, ability to take initiative and multi-task while thriving in a fast-paced, detail-oriented environment 
  • Ability to work with minimal oversight 
  • Great project management, time management and ,documentation skills 
  • Bachelor’s Degree  
  • Accounting classes and accounting work experience is required.

Additional Information

All your information will be kept confidential according to EEO guidelines.

Stream is an equal opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sex, age, national origin, disability, military status, or any other reason prohibited by law. Note: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. 

To apply for a position, please visit our website at www.streamrealty.com  

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