Senior Property Accountant

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 sector’s 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 
• 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

Compensation:

• This position offers a base salary in the $85,000-$110,000 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.