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Senior Portfolio Accountant - Newton, MA (2046

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POST DATE 8/27/2016
END DATE 11/18/2016

The RMR Group LLC Newton, MA

Company
The RMR Group LLC
Job Classification
Full Time
Company Ref #
204
AJE Ref #
575994081
Location
Newton, MA
Experience
Entry Level (0 - 2 years)
Job Type
Regular
Education
Bachelors Degree

JOB DESCRIPTION

Worker Category :

Job Class

Supervise and perform primary accounting function for corporate and property level General Ledgers (G/L) of Hospitality Properties Trust (Nasdaq: HPT). This position requires close coordination with the Senior Portfolio Manager, HPT Senior Accountants, as well other Accounting Department Managers and developing a strong relationship with third party managers and tenants. The Senior Portfolio Accountant reports to the Senior Portfolio Manager.



RESPONSIBILITIES



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Prepare, generate, and review financial reports and supporting work papers monthly, quarterly, and annually on a GAAP basis. Analyze results.
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Maintain general ledger, prepare/review journal entries and general ledger account analysis. Apply consolidation concepts and accounting for HPT's TRS subsidiaries.
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Review monthly hotel operating statements ensuring preparation in accordance with lease and management agreements.
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Handle all financial aspects of several portfolios of hotels and travel centers.
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Maintain fixed asset records with WINFAS software to track real estate investments and depreciation. Reconcile monthly workpapers.
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Facilitate tenant requests for reimbursement of capital purchases, review and analyze supporting documentation for requests and determine useful lives of fixed assets.
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Assist in preparation and review of SEC filings and related public disclosures. Assist external auditors during their review of the Company's public filings.
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Develop and foster a strong relationship with third party hotel managers, tenants and internal asset management staff.
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Assist in internal audit process including updating internal control policies and testing.
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Maintain cash forecast and monitor the Company's cash requirements.
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Facilitate corporate G&A payments.
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Cross train on other portfolios within the REIT and provide backup support as needed. Utilize experience to assist in the development of others.
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Perform special projects as needed and provide support to senior management. Support the HPT team as needed.
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Strive to identify areas where procedures and efficiency can be improved.
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Maintain communication with the Third Party Hotel Managers, Travel center tenants, Departmental Managers, Corporate Accounting, AR/AP, and Systems Manager.



REQUIREMENTS

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Bachelor's Degree, preferably in Accounting, Finance or Business Administration. CPA preferred.
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Proficiency with Property Management/Accounting software (Yardi preferred).
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Proficiency with Excel, Word and other Windows applications.
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Ability to work in a fast-paced, collaborate and results-driven environment.
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Exceptional organizational skills and verbal and written communication skills.



COMPANY

The RMR Group Inc. (NASDAQ: RMR) is an alternative asset management company that was founded in 1986 to invest in real estate and manage real estate related businesses. RMR s business primarily consists of providing management services to four publicly owned real estate investment trusts, or REITs, and three real estate operating companies. As of March 31, 2016, RMR had $22.0 billion of assets under management, including more than 1,300 properties.

The RMR Group manages Hospitality Properties Trust (NYSE: HPT), a publicly traded REIT that owns hotels and travel centers, Senior Housing Properties Trust (NYSE: SNH), a publicly traded REIT that primarily owns healthcare, senior living and medical office buildings, Government Properties Income Trust (NYSE: GOV), a publicly traded REIT that primarily owns office properties majority leased to the U.S. government and state governments, and Select Income REIT (NYSE: SIR), a publicly traded REIT that is focused on owning and investing in net leased, single tenant properties. RMR also provides management services to Five Star Quality Care, Inc., a publicly traded senior living and healthcare services company which is a tenant of SNH and manages certain of SNH s senior living communities, to TravelCenters of America LLC, a publicly traded operator of travel centers and convenience stores, which is a tenant of HPT, and to Sonesta International Hotels Corporation, which is one of HPT's hotel managers. Another subsidiary of RMR, RMR Advisors LLC, is an SEC registered investment advisor that is the investment manager of a publicly traded mutual fund which principally invests in securities of unaffiliated real estate companies.



ALL QUALIFIED APPLICANTS WILL RECEIVE CONSIDERATION FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, NATIONAL ORIGIN, CITIZENSHIP, DISABILITY OR PROTECTED VETERAN STATUS.







Requisition ID2046

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