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Title

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Senior Real Estate Accountant

Description

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We are looking for a Senior Real Estate Accountant to join our dynamic finance team. This role is ideal for a seasoned accounting professional with a strong background in real estate financial management, including property accounting, budgeting, forecasting, and financial reporting. The successful candidate will be responsible for overseeing the financial performance of a portfolio of real estate assets, ensuring compliance with accounting standards, and providing strategic insights to support business decisions. As a Senior Real Estate Accountant, you will work closely with property managers, asset managers, and external auditors to ensure accurate and timely financial reporting. You will be expected to analyze financial data, prepare monthly and quarterly reports, and assist in the preparation of annual budgets and forecasts. Your expertise in real estate accounting principles, including lease accounting, CAM reconciliations, and fixed asset management, will be critical to your success in this role. In addition to technical accounting skills, the ideal candidate will possess strong analytical abilities, attention to detail, and excellent communication skills. You should be comfortable working in a fast-paced environment and managing multiple priorities. Experience with real estate accounting software such as Yardi, MRI, or similar platforms is highly desirable. This position offers an excellent opportunity to grow within a reputable real estate organization and contribute to the financial success of a diverse property portfolio. If you are a proactive and detail-oriented accounting professional with a passion for real estate, we encourage you to apply.

Responsibilities

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  • Prepare and review monthly, quarterly, and annual financial statements for real estate assets
  • Manage general ledger accounting and ensure accuracy of financial records
  • Perform CAM reconciliations and lease accounting in accordance with GAAP
  • Coordinate with property and asset managers to gather financial data
  • Assist in the preparation of budgets, forecasts, and variance analyses
  • Ensure compliance with internal controls and accounting policies
  • Support external audits and provide necessary documentation
  • Monitor cash flow and prepare cash management reports
  • Maintain fixed asset schedules and depreciation records
  • Identify process improvements and implement best practices

Requirements

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  • Bachelor’s degree in Accounting, Finance, or related field
  • CPA or progress toward CPA preferred
  • 5+ years of accounting experience, with at least 3 in real estate
  • Strong knowledge of GAAP and real estate accounting principles
  • Proficiency in accounting software such as Yardi, MRI, or similar
  • Excellent analytical and problem-solving skills
  • Strong attention to detail and organizational abilities
  • Effective communication and interpersonal skills
  • Ability to manage multiple priorities and meet deadlines
  • Experience with budgeting, forecasting, and financial analysis

Potential interview questions

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  • Do you have experience with real estate accounting software such as Yardi or MRI?
  • How many years of real estate accounting experience do you have?
  • Are you a licensed CPA or currently pursuing CPA certification?
  • Can you describe your experience with CAM reconciliations?
  • Have you prepared financial statements for a portfolio of properties?
  • What is your experience with budgeting and forecasting in real estate?
  • How do you ensure accuracy in financial reporting?
  • Describe a time you identified and implemented a process improvement.
  • Are you comfortable working with cross-functional teams?
  • What is your proficiency level with Excel and financial modeling?