The Real Estate Accountant maintains accurate financial records across property portfolios and corporate entities. This role handles full-cycle accounting, tenant reconciliations, budget tracking, and monthly closings. You will work closely with property managers, executive teams, and external auditors.
Key Responsibilities
- General Ledger & Bookkeeping: Create journal entries, post transactions, and manage the general ledger for properties and corporate accounts.
- Accounts Payable & Receivable (AP/AR): Process daily rent receipts, security deposits, vendor invoices, utility bills, and maintenance payments.
- Reconciliations: Perform monthly bank reconciliations, balance sheet analyses, and intercompany account reconciliations.
- Financial Reporting:
Prepare monthly, quarterly, and annual financial statements, profit and loss (P&L;) statements, and cash flow forecasts.
- Budgeting & Variances: Assist property managers with annual budget preparation and track actual performance against budgets.
- CAM & Tax Reconciliations: Handle Common Area Maintenance (CAM) reconciliations, property tax tracking, and assist with year-end tax preparation and audits.
- Compliance: Ensure adherence to GAAP, local tax regulations, and internal financial controls.