Description
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions.
Transwestern Development Company (TDC) is a part of the Transwestern companies and strives to create value by skillfully executing development projects for our firm, partners and clients across the United States. Part of a large real estate platform, our diverse portfolio encompasses logistics, multifamily, healthcare, life sciences, mixed-use and office product, with the value of projects in progress or delivered since 2012 exceeding $9.07 billion.
Our firm's award-winning culture and reputation for exceptional service are built on a common purpose – Empowering Good People to do Extraordinary Things Together. This unique approach, reinforced by the hiring of smart, passionate, hard-working people who understand the benefits of both collaboration and independence, create value for our team members and clients every day.
TDC is searching to fill a Property Accountant position in Dallas, Texas. The Property Accountant will report to the Accounting Manager and work closely with other investment team members with respect to the financial, accounting, and tax compliance operations of the development properties.
POSITION ESSENTIAL FUNCTIONS:
- Prepare and maintain financial records for multiple development properties, including general ledger review, monthly journal entries, balance sheet reconciliations.
- Prepare monthly development draws including gathering invoices and applicable lien waivers, recording and submitting monthly packages for funding, and ensuring the payment of all applicable vendors.
- Facilitate and monitor the annual audit to ensure accuracy and compliance with financial regulations.
- Review and abstract joint venture, development, and loan agreements to understand projects and their respective requirements.
- Review and/or prepare bank reconciliations each month for all bank accounts assigned.
- Provide support during property acquisitions and sales, including preparing the acquisition and disposition entries for project sales.
- Collaborate with the development team to ensure the completeness and accuracy of financial records and transactions.
- Communicate effectively with clients, external auditors, tax preparers, and team members, as required.
- Submit timely monthly financial packages to the Accounting Manager and Developer.
- Perform various ad hoc tasks and projects as assigned.
POSITION REQUIREMENTS:
Due to the core functions of this role, a consistent, in-office presence for this role must be sustained.
Bachelor's degree required, preferably in finance or accounting.
Minimum 2-5 years of relevant accounting experience, preferably in real estate or public accounting.
CPA or significant progress towards CPA is a plus.
Applicable experience in real estate accounting software, preferably with MRI and/or Yardi.
Experience recording journal entries and managing a general ledger.
Knowledge of current accounting methods (cash and basic accruals) along with the ability to apply Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), as applicable.
Advanced proficiency with Microsoft Word, Excel and Adobe.
Substantial quantitative and analytical skills
Excellent verbal and written communication skills.
Comfortable working in a small, team-oriented environment and with minimal supervision.
Strong work ethic and attention to detail.
Highly organized, able to manage large amounts of written and electronic data.
Motivated and willing to work overtime as needed.
Salary will be commensurate with experience and education.
Different backgrounds, life experiences and cultures shape our individual perspectives and ultimately generate the best results for our clients. Strategic human capital planning combined with diversity and inclusion initiatives foster a work environment that celebrates uniqueness and champions the achievements attained through collaboration.
Please note that all candidates selected for an offer of employment are subject to pre-employment background checks, which may include but are not limited to, based on the role for which they have been selected: criminal history, education verification, social media review, motor vehicle records, credit history, and professional license verification. In addition, your employment with Transwestern is subject to successfully passing a drug screen check prior to your starting with the Company along with satisfactory references.
We understand you have a choice when choosing where to work and pursue a career. We understand you are unique and have your story. We want to hear it. We encourage you to apply today so that you may become a part of the Transwestern story.
WORK SHIFT
LOCATION
Dallas, TXWe Are Transwestern!
Transwestern's Guiding Principles are woven into the fabric of our firm and underscore the value of each individual team member. We embrace diversity, equity and inclusion — not only as the right thing to do, but as a reflection of who we are. It is our responsibility and heartfelt desire to create an environment that elevates the human spirit and brings out the best in everyone. Transwestern offers an exciting work environment, competitive salary and excellent benefits, which include medical, dental and vision coverage, as well as a 401(K) plan. Transwestern is an Equal Opportunity Employer.
Third Party Agencies/Vendors!
Transwestern recognizes the valued service provided by its recruitment agencies and as such have a Preferred Supplier List, which whom terms of business have been agreed. Only suppliers who have signed these terms can engage with Transwestern and its Family of Companies. If you are interested in becoming a Preferred Supplier vendor, we invite you to email us only at recruittw@transwestern.com. Please provide relevant information about your agency, and our dedicated team will carefully review and approve your submission. We will reach out if we find that there is a potential match and interest in adding your agency to our preapproved recruiting vendors list. Agreements obtained outside of this formal process will not be recognized and will be deemed invalid. We appreciate your understanding and cooperation in adhering to this established procedure. Thank you in advance.
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