Job Description
Job Description
The Real Estate Accountant will be responsible for managing and executing accounting functions for real estate portfolios, including commercial, retail, and residential properties, on behalf of the firm and its clients. The ideal candidate will ensure accurate financial reporting, support property managers and clients, maintain compliance with regulations, and offer experienced support for complex real estate transactions and tax issues.
Key Responsibilities
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Accounting & Financial Reporting
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Prepare monthly, quarterly, and annual financial reporting packages for assigned property portfolios (commercial, retail, residential)
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Maintain supporting schedules, workpapers, and general ledgers; handle month-end closings and review for accuracy
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Record journal entries, accruals, and adjustments for real estate transactions
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Perform detailed account analysis, reconciliations (bank, credit card, A/R, A/P), and variance explanations
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Complete CAM (Common Area Maintenance) reconciliations and budgets
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Operational & Client Support
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Manage, review, and process Accounts Payable and Accounts Receivable
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Support due diligence for acquisitions/dispositions and leasing activity including lease review/interpretation
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Coordinate and assist with tax return preparation, property tax compliance, and commercial sales tax filings
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Monitor rent collections, prepare management fee invoices, and track tenant charges
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Project & Asset Management
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Prepare funding/loan draw requests and related reporting for new developments and capital projects
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Update project budgets in Yardi or similar property management accounting platforms; generate job cost and variance reports
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Advisory & Process Improvement
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Identify potential tax-saving opportunities for clients (depreciation, capital gains, 1031 exchanges, cost segregation studies)
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Assist with budget preparation and forecasting, risk assessment, and financial planning for real estate ventures
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Participate in process improvements and implement best practices for accounting workflows
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Core Qualifications
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Bachelor’s degree in Accounting or Finance (CPA license preferred)
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3+ years’ experience in real estate accounting (commercial property accounting and CAM reconciliation required)
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Proficiency with property management/accounting software (Yardi, MRI, or comparable); advanced Excel skills required
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Deep understanding of GAAP and familiarity with tax regulations relevant to real estate (depreciation, capital gains, 1031, etc.)
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Experience in preparing and analyzing financial statements and reports for real estate entities
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Strong organizational and time-management abilities; ability to meet deadlines, multi-task, and work independently or in a team setting
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Excellent communication, interpersonal, and problem-solving skills
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Pay extreme attention to detail and accuracy in all deliverables
Preferred Attributes
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Prior experience supporting a CPA firm or working with multiple concurrent client portfolios
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Knowledge of South Florida commercial and residential real estate markets
Company DescriptionGreat Benefits and Culture here!
Company Description
Great Benefits and Culture here!