About Faropoint
Meaningful Relationships. Ownership. Curiosity. Tenacity.
Established in 2012 Faropoint is a pure play RE fund manager focusing on the last mile industrial sector. Having acquired more than 500 warehouses to date it is the most active aggregator of warehouses in the US in the past five years. Our platform is built to harness the sectors fragmentation operating through 7 regional offices with 120 employees in vertically integrated teams enhanced by proprietary AI-driven tools while benefiting from compelling fundamentals like constrained supply growth reshoring and e-commerce tailwinds.
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
- 3-6 years of relevant property accounting experience
- Bachelors 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
Compensation:
- This position offers a base salary in the $85000-$110000 range plus discretionary bonus competitive healthcare benefits unlimited PTO and a 401k match.
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.
Required Experience:
Senior IC
About FaropointMeaningful Relationships. Ownership. Curiosity. Tenacity.Established in 2012 Faropoint is a pure play RE fund manager focusing on the last mile industrial sector. Having acquired more than 500 warehouses to date it is the most active aggregator of warehouses in the US in the past five...
About Faropoint
Meaningful Relationships. Ownership. Curiosity. Tenacity.
Established in 2012 Faropoint is a pure play RE fund manager focusing on the last mile industrial sector. Having acquired more than 500 warehouses to date it is the most active aggregator of warehouses in the US in the past five years. Our platform is built to harness the sectors fragmentation operating through 7 regional offices with 120 employees in vertically integrated teams enhanced by proprietary AI-driven tools while benefiting from compelling fundamentals like constrained supply growth reshoring and e-commerce tailwinds.
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
- 3-6 years of relevant property accounting experience
- Bachelors 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
Compensation:
- This position offers a base salary in the $85000-$110000 range plus discretionary bonus competitive healthcare benefits unlimited PTO and a 401k match.
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.
Required Experience:
Senior IC
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