Company Description

CEDARst Companies is a nationally recognized multifamily real estate developer and operator with offices and active projects across the United States. The firm’s portfolio spans eight states, concentrated on the West Coast, Upper Midwest, and South Florida. CEDARst has developed and acquired over 10,000 residential units, representing over $4 billion in total asset value. Our mission is to create high-quality, sustainable housing solutions that meet the needs of diverse communities.

Role Summary

Reporting to the Controller, the CEDARst Accountant will be responsible for providing accounting support to accounting management and ensure that financial and management reports are prepared in a timely, efficient, and accurate manner. This individual will track and research any accounting issues that arise. They will work closely with all internal business units to aid in their financial tracking, most notably with accounting, finance, & construction.

Essential Functions

1. Assist in the preparation of monthly, quarterly, and annual financial statements for CEDARst, Method, and upper-tier investor LLCs.
2. Process Weekly Check Run (AvidXchange) and manual checks as needed for CEDARst, Method, and upper-tier investor LLCs
3. Perform bank reconciliations for CEDARst, Method, and upper-tier investor LLCs.
4. Yardi Administrator: manage the onboarding/offboarding process for both properties and users
5. Support CPA firms and CEDARst in the preparation of annual tax returns and audits by providing needed schedules and other information for CEDARst, Method, and upper-tier investor LLCs.
6. Process all accounts payable and invoices for CEDARst, Method, and upper-tier investor LLCs in AvidXChange, YARDI, and Timberline corporate and construction level (All Yardi)
7. Setup Vendors in Timberline / AvidXChange / YARDI as needed for CEDARst, Method, and upper-tier investor LLCs
8. Track Certs of Insurance (COIs) for vendors and assist with insurance audits for CEDARst, Method, and upper-tier investor LLCs
9. Perform Monthly Credit Card Reconciliations (Divvy, Amex, Visa & Home Depot) for CEDARst, Method, and upper-tier investor LLCs
10. Review/Allocate Benefit Invoices for CEDARst, Method, and upper-tier investor LLCs
11. Manage all Vendor Inquiries for CEDARst, Method, and upper-tier investor LLCs
12. Mail and file 1099s for CEDARst, Method, and upper-tier investor LLCs
13. Reconcile Yardi/Timberline on a monthly basis
14. Prepare construction draws with all the appreciate lien waivers as needed
15. Assist with Preparing and Posting Journal Entries – Example: Closings such as Acquisitions & Refinances
16. Maintain Equity Tracker and assist asset management and accounting teams keeping Juniper Square accurately stated for all funds and deals (Portfolio will be split)
17. Maintain Notary and notarize Documents as necessary
18. File Annual Report for all LLCs and maintain listing of all entities with Corporate Creations.
19. Ensure FinCin compliance on all entities with beneficial owners of greater than 25% ownership in any entity.
20. Attend Monthly Meetings for Financial Reviews (Portfolio will be split)
21. Review/monitor construction draws as needed
22. Review/submit/monitor Tenant Improvement draws that require lender funding
23. Perform all lease administration responsibilities of CEDARst managed properties (i.e. billing CEDARst revenues, administering leases in YARDI
24. Protects the organization's value by keeping information confidential.
25. Assist with other projects as assigned

Competencies

1. Strong knowledge of all aspects of Accounts Payable & Accounting Processes and Systems.
2. Excellent communication skills - both verbal & written
3. Thoroughness and attention to detail
4. Ethical conduct
5. Teamwork & Collaboration skills
6. Flexibility and Willingness to learn
7. Technologically savvy

Supervisory Responsibility

No current supervisory responsibilities.

Work environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Physical demands

This is a largely sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand as necessary.

Position type and expected hours of work

This is a full time position. Days and hours of work are typically Monday through Friday, 8:30 a.m. to 5:30 p.m. Some flexibility in hours is allowed.

Travel

Minimal travel is expected for this position.

Required education and experience

• Bachelor’s degree or equivalent years of experience in Accounts Payable, Accounting, or Business Administration
• Ability to read and write English, follow verbal instructions and use simple math.

Preferred education and experience

• Bachelor’s degree in Accounting, Finance, or Business Administration
• Five years of related experience.
• Familiarity with software programs used in this job preferred (i.e. YARDI, AvidXchange, Excel, etc)

Other duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.