Accountant – Property Accounting

MCB Real Estate ("MCB") is a privately held, fully integrated national real estate development and investment company based in Baltimore, MD. As a vertically integrated company with internal development, construction, and commercial property management divisions, MCB is involved in all facets of the real estate investment cycle. MCB manages approximately $3bn of real estate assets on behalf of its primarily institutional investment base.

MCB believes in merit-based employment decisions that provide equal access to all employees and applicants, including ensuring that this access prohibits unlawful discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Additionally, we are committed to fostering, cultivating, and preserving a workplace culture that respects each individual employee’s contribution to our workplace. We embrace and encourage our employees’ differences in age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique.

This employment practice applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

This position is responsible for the full range of accounting processes and financial reporting for a portfolio of commercial and development real estate assets. Will partner directly with the commercial property and asset managers. This position requires advanced knowledge of the Generally Accepted Accounting Principles (“GAAP”) and hands‑on experience working within an accrual based, monthly‑close process, preparing journal entries and account reconciliations as well as identifying and improving monthly processes.

This summary of responsibilities is not an all‑inclusive list of job responsibilities and other job‑related duties may be added or changed at any time by MCB to support business needs.

• Prepare and enter journal entries for fixed assets, accruals, deferred rent, prepayments, and other balance sheet accounts.
• Assist in all aspects of month end close and close analysis.
• Prepare P&L and Balance Sheet for senior management.
• Review rent rolls, accounts receivable reports and other related reports. Ensure financial reports tie to general ledger.
• Prepare Sales and Use Tax filings in accordance with filing authority instruction.
• Process weekly full cycle Accounts Payable.
• Preparation of year‑end schedules for auditors.
• Cash management.
• Prepare bank account reconciliations.
• Monitor income and expenses to ensure compatibility with budgeted amounts.
• Integrate acquisitions into accounting and reporting frameworks.
• Calculate and reconcile monthly CAM charges, percent rent and management fees.
• Prepare annual escalations and expense recovery adjustment billings.

• Prepare monthly and annual financial statements and provide report to executive management.
• Prepare annual Budgets and Forecasts.
• Collaborate with the property & asset management team in preparation of the property operating budget, and reforecasts.
• Manage Construction & Capital Projects/Major Repairs accounting and reporting.
• Prepare loan draws and monitors funding and disbursements.
• Prepare ad hoc reports necessary for debt compliance and other matters as requested.
• Assist with coordination and preparation of tax return.
• Research technical accounting issues.
• Set up new property records after purchase.
• Prepare due diligence materials as necessary.
• Scanning, data entry, cross‑referencing, copying and retrieval.

• Minimum Four (4) years of accounting experience in public accounting or, preferably, in commercial property or construction…