Corporate Accountant
Job Overview
Synergy, a leading Boston commercial real estate firm, with a managed portfolio of 8 million square feet, across multiple asset classes, is experiencing exciting growth and is seeking a multi-dimensional candidate to join our Corporate Accounting and Finance team. The candidate will report directly to the Vice President, Corporate Controller. The successful candidate will take ownership of several processes within the team to deliver ongoing reporting and actionable insights to key internal and external stakeholders of Synergy. This role is ideal for someone seeking Real Estate industry knowledge and looking for a challenging, fast-paced environment. The title for this role is commensurate with experience.
The Corporate Accounting and Finance team serves a wide-ranging group of internal and external stakeholders. The candidate will interface with Synergy’s Asset Management, Property Accounting, Leasing, Construction, and Property Management divisions on a monthly basis. In addition to servicing ad-hoc requests from these groups, the candidate will be responsible for performing accounting, financial analysis and supplementary reporting for the Management Company and all related entities, including Synergy’s private lending and Hospitality ventures. The individual will work collaboratively to meet Synergy’s goals and objectives while adhering to the policies, procedures, and audit requirements that ensure continued growth and success.
Essential Duties & Responsibilities:
Work with the Corporate Accounting team in preparing and presenting Synergy’s monthly, quarterly, and annual Financial Statements.
Prepare Proforma P&L reporting for the Management Company and present Dashboard reports to the CEO, CFO and COO.
Prepare divisional overhead reporting packages for all VPs across Synergy’s internal business divisions; ensuring compliance with the corporate budget and highlighting variances to plan as needed.
Assist Corporate Accounting team with all revenue transactions as part of the monthly close process and ensure compliance with asset specific Management Agreements.
Gain exposure to ad-hoc Hospitality projects and Financial Reporting in assisting the Corporate Team with all Restaurant Accounting functions within Synergy’s portfolio.
Play a key role in the annual preparation and presentation of the Corporate Budget to Synergy leadership.
Work with Corporate Team to recalculate all leasing commission deals across the portfolio. Interface with internal Leasing team and track payment compliance to all external brokers.
Work directly with the SVP of Operations and Controller in managing all aspects of the construction accounting function and related software systems. Responsibilities include processing monthly construction management fees, setting up all portfolio construction jobs and providing internal reporting to the Management Team.
Work with the CFO and Corporate Team in implementing and maintaining effective internal controls surrounding Accounting Information Systems, Cybersecurity, and I.T. Procurement.
Assist with accounts receivable management and collections efforts monthly.
Process accounts payable weekly for Management Company and Hospitality ventures, with focus on vendor relationships, statement reconciliation and payment tracking.
Assist with entity structuring, compliance, insurance, and treasury related transaction work on an ad-hoc basis.
Perform other assigned duties and complete ad hoc projects, as required.
We provide on-the-job training through one-on-one task specific instruction.
In addition to competitive salary and benefits, we offer a collegial work environment and an excellent opportunity to continue to develop strong skills and professional growth. Those who have joined us from other firms find the tight-knitted team culture and direct access to leadership very rewarding.
Synergy (synergyboston.com) is a real estate investment and operating company primarily focused on the Boston market. We are one of the largest and most active landlords in the city. We are active members of the Boston business community and have been recognized as Landlord of the Year by the GBREB Commercial Brokers Association (CBA). We are also proud to support numerous organizations that have a positive impact in our city.