About Faropoint
People. Relationships. Technology.
These are the three pillars that have made our group among the fastest-growing industrial real estate private equity companies, and one of the 50 largest owners in the U.S.
People: We are constantly seeking driven and intelligent people to help facilitate our exponential growth. The people in our company feature a specific culture and DNA – We move fast, are very agile, but also very thorough and data driven. Working at Faropoint will be in a dynamic environment that would be exciting and highly beneficial for your career.
Relationships: Our employees, partners, investors, and other stakeholders are always top of mind. Since we are consistently growing, there are always new opportunities for career advancement and new relationships to foster. The shoes that need filling just get bigger and bigger. All you need to do is demonstrate initiative and lead, and we will be right there next to you to support and help think through complex challenges. Within a relatively short period of time, you will witness that we trust your judgment to make big decisions on behalf of Faropoint and our business partners, as well as take charge of large projects and initiatives. That is the kind of relationship we have with our employees. We know our expectations are high, and we offer a competitive compensation package accordingly.
Technology: We continuously implement technological solutions to increase efficiency, transparency, and accuracy across our business units. Real Estate is considered a ‘conservative’ industry with common practices that do not always fit 21st century needs. Working at Faropoint will allow you to gain exposure to new, cutting-edge technology tools that provide us the ability to run fast, streamline processes, and add value to all stakeholders.
About the Role
As a Property Accountant you will be responsible for maintaining accurate financials for a portfolio of our industrial properties. This position will manage a portfolio of Assets with a Flexible Hybrid work structure, with the expectation of at least three days per week in our Hoboken, NJ office.
Responsibilities:
- Maintain accounting records and perform monthly bank reconciliations
- Enter, review, and post monthly Accruals
- Support property and Asset managers in review and preparation of monthly variance reports and Tenant Billing reports
- Process all accounts payable for accuracy of G/L codes applied by AP team
- Monitor Accounts Receivable process - monitor cash receipts, review and bill tenant recurring charges and billing adjustments.
- Runs recurring monthly rental billing reports to review for accuracy is consistent with monthly budgets
- Prepare CAM Reconciliations
- Assist with ad hoc accounting projects as needed
About You
- 3-5 years of relevant property accounting experience
- Bachelor’s degree in Accounting, Finance, Business or related field
- Adept at Excel formulas including, but not limited to, V-lookups, Pivot tables and sum-ifs
- Experience with Yardi software required
- Detail oriented, analytical, strong organizational skills, proven ability to meet deadlines, works well under pressure and possess the ability to manage time efficiently and prioritize effectively
- Be able to work independently and as part of a team
- Excellent oral and written communication skills
About Our Benefits
- Competitive base salary
- Health insurance options including Medical, Dental, Vision, Life, Short-term Disability and Long-term Disability, with majority of premiums covered by Faropoint
- 401(k)
Equal Opportunity Employer
Faropoint is proud to be an Equal Opportunity Employer. We value diversity, and we do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, parental status, disability status, or any other status protected by local law. We believe that our work is better and our company culture is improved when we encourage, support, and respect the different skills and experiences represented within our workforce.
