Real Estate Accountant

Job Description

Livingston Street Capital, LLC is seeking a Real Estate Accountant to assist with day to day property accounting. Livingston Street Capital LLC is a fast-growing commercial real estate investment company focused on three distinctive investment strategies. These include multifamily/55+ active adult communities, healthcare and mission critical/strategic properties across the United States. The property types range from multifamily assets, active adult senior housing, office and industrial. To date, the portfolio has been invested for core and core plus return profiles with a significant number of long-term leases and highly passive assets. This position will be responsible for the accounting of all properties included in the company’s portfolio. The position will be located in Radnor, PA.

Responsibilities:

• Manage the monthly closing process for multiple properties
• Post to registers and ledger, balance and reconcile accounts, prepare journal entries or adjustments to accounts as needed
• Track and record tenant receivables
• Prepare balance sheet tie-out and maintain supporting account schedules
• Perform bank reconciliations and monitor cash position
• Process property A/P including setting up new vendors and entering invoices
• Prepare and post accrual entries with supporting documentation
• Prepare distribution calculations
• Prepare monthly financial package and perform initial P&L variance reviews
• Assist with preparation of lender requests
• Assist with year-end audits
• Other ad hoc projects, as needed

Qualifications:

• 2-5 years of relevant work experience in real estate accounting
• Yardi experience is required
• CPA preferred but not required
• Undergraduate in Accounting
• Strong accounting knowledge as well as institutional caliber experience in process & controls
• Well-spoken with strong presentation skills
• Ability to work independently and in a growth environment
• Highly organized and detail oriented
• Ability to grow and take on projects

* Compensation commensurate with experience and consists of salary, bonus, health, retirement and other benefits. Livingston Street Capital LLC Livingston Street Capital, LLC is an emerging boutique private equity firm with institutional capital partners focused on commercial real estate investments throughout the United States. We are based in Radnor, PA and New York City and actively make investments across three investment strategies. These strategies include: mission critical/strategic properties, healthcare properties and multifamily housing with emphasis on senior housing. Our company was founded by Peter Scola and Joseph Fox who have successfully led more than $20 billion of real estate transactions throughout their careers. Most recently they have acquired more than $1.1 billion of commercial real estate throughout the United States.