Staff Accountant

Reposted 8 Days Ago
Be an Early Applicant
Hoboken, NJ, USA
In-Office
55K-75K Annually
Mid level
Real Estate
The Role
The Staff Accountant will manage AP and AR functions, assist in preparing journal entries, process cash receipts, and resolve discrepancies.
Summary Generated by Built In

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 Staff Accountant, you will be responsible for maintaining AP and AR functions utilizing our AR Manager and Full service payscan via Yardi. In addition, you will be assisting the Senior Accountants in preparing journal entries. This role manages the entire portfolio with two staff members and requires four days in the office weekly.

Responsibilities:  

  • Working with Asset Managers, and other business owners to accurately code Invoices
  • Enter ACH activity in Yardi
  • Assist with ad hoc accounting projects as needed.
  • Process cash receipts and through Yardi AR Manager
  • Assist management with special projects and other tasks as assigned. 
  • Resolving discrepancies, reconciling outstanding balances
  • Monitor BillPay notifications, and void and reissue payments if needed

About You 

  • 1-5 years of relevant 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 $55,000-$75,000 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.

Skills Required

  • 1-5 years of relevant accounting experience
  • Bachelor's degree in Accounting, Finance, Business or related field
  • Experience with Yardi software
  • Adept at Excel formulas including V-lookups, Pivot tables, and sum-ifs
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The Company
HQ: Jersey City, NJ
121 Employees
Year Founded: 2012

What We Do

Faropoint is a data-driven industrial real estate asset manager that targets inefficiencies in the marketplace to achieve superior risk-adjusted returns.

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