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Title
Text copied to clipboard!Real Estate Accountant
Description
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We are looking for a detail-oriented Real Estate Accountant to join our team. As a Real Estate Accountant, you will be responsible for managing and overseeing all financial transactions related to real estate assets, including property acquisitions, sales, leasing, and development projects. You will ensure the accuracy and integrity of financial records, prepare financial statements, and assist with budgeting and forecasting for real estate portfolios. The ideal candidate will have a strong background in accounting, excellent analytical skills, and a deep understanding of real estate industry practices and regulations.
Key responsibilities include maintaining general ledgers, reconciling accounts, processing accounts payable and receivable, and preparing monthly, quarterly, and annual financial reports. You will also be involved in tracking capital expenditures, managing escrow accounts, and ensuring compliance with tax laws and reporting requirements. Collaboration with property managers, leasing agents, and external auditors will be essential to ensure all financial data is accurate and up to date.
The Real Estate Accountant will also play a crucial role in supporting audits, conducting variance analyses, and identifying opportunities for process improvements. You should be comfortable working with property management software and accounting systems, and have the ability to interpret complex financial data to support business decisions. Attention to detail, strong organizational skills, and the ability to meet deadlines are essential for success in this role.
If you are passionate about real estate and possess a solid foundation in accounting principles, we encourage you to apply and contribute to the financial success of our real estate operations.
Responsibilities
Text copied to clipboard!- Manage and maintain financial records for real estate transactions.
- Prepare and analyze financial statements and reports.
- Reconcile bank accounts and general ledgers.
- Process accounts payable and receivable related to properties.
- Assist with budgeting, forecasting, and variance analysis.
- Ensure compliance with tax laws and regulatory requirements.
- Coordinate with property managers and leasing agents.
- Support internal and external audits.
- Track capital expenditures and manage escrow accounts.
- Identify and implement process improvements.
Requirements
Text copied to clipboard!- Bachelor’s degree in Accounting, Finance, or related field.
- 2+ years of accounting experience, preferably in real estate.
- Strong knowledge of accounting principles and practices.
- Proficiency with accounting software and property management systems.
- Excellent analytical and problem-solving skills.
- Attention to detail and high level of accuracy.
- Strong organizational and time management abilities.
- Ability to work independently and as part of a team.
- Effective communication and interpersonal skills.
- CPA or relevant certification is a plus.
Potential interview questions
Text copied to clipboard!- What experience do you have in real estate accounting?
- Which accounting software and property management systems have you used?
- How do you ensure accuracy in financial reporting?
- Describe your experience with budgeting and forecasting.
- How do you handle tight deadlines and multiple priorities?
- Have you supported audits or worked with external auditors?
- What steps do you take to stay updated on tax laws and regulations?
- Can you provide an example of a process improvement you implemented?
- How do you collaborate with property managers and leasing agents?
- Are you familiar with managing escrow accounts and capital expenditures?
