Real Estate Accountant

H.W. Kaufman Group; Farmington Hills (MI); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive base compensation

Employer paid continuing education

Health and welfare benefits

401K with employer match

Paid vacation, sick time, and holidays

Access to Kaufman Wellness Program

Job summary

A leading insurance and real estate firm is seeking a Real Estate Accountant in Farmington Hills, Michigan. The role involves managing financial operations related to commercial properties, including accounts payable, financial reporting, and budget preparation. Candidates should have at least 3 years of Real Estate Accounting experience and a Bachelor's degree in Accounting. Competitive benefits and compensation are offered.

Qualifications

• Minimum 3 years of Real Estate Accounting experience required.
• Experience in preparing financial reporting packages.
• Working knowledge of GAAP and financial reconciliations.

Responsibilities

• Administer accounts receivable and payable functions.
• Prepare financial reporting packages and annual budget.
• Conduct quarterly financial analysis of budget variances.

Skills

Real Estate Accounting experience

Attention to detail

Ability to meet deadlines

Knowledge of GAAP

Education

Bachelor’s Degree in Accounting or related field

Tools

Yardi

Job description

H.W. Kaufman Group is seeking a Real Estate Accountant to manage the real estate component of the business. This individual will report directly into the V.P. of Real Estate and assist with all financial matters involving real estate of commercial buildings in the U.S. and as a tenant in U.S., Canada, London, U.K. and Europe.

Responsibilities

• Administer accounts receivable and payable functions
• Serve as the liaison between the accounting and construction departments on the build out of tenant spaces
• Research open items and correct any outstanding issues
• Participate in process improvement initiatives and other projects, as assigned
• Responsible for preparing financial reporting packages
• Preparation of monthly journal entries, bank account reconciliations, accruals, and inter-company transactions
• Create and administer annual budget process
• Responsible for year-end reconciliation of operating expenses between Landlord and Tenant for both owned and leased assets
• Review, brief and administer Leases within accounting software
• Responsible for preparation of year-end tax work papers and submissions to tax accountants
• Responsible for quarterly financial analysis of budget variances
• Responsible for cash flow projections for the real estate portfolio
• Prepare / Approve monthly rent roll for leased spaces
• Prepare quarterly and annual financial submissions to lenders

Qualifications

• Minimum 3 years Real Estate Accounting experience required
• Bachelor’s Degree in Accounting or related field
• Working knowledge of generally accepted accounting principles (GAAP) and experience in preparation of periodic financial reporting packages
• Experience in preparation of periodic journal entries, balance sheet reconciliations, accruals, and intercompany transactions
• Proven ability to meet deadlines, detail-orientated
• Yardi experience is preferred but not required

Benefits

• Competitive base compensation
• Employer paid continuing education courses and designations via access to Kaufman Institute
• Health and welfare benefits including medical, vision and dental
• 401K with employer match
• Paid vacation, sick time, and holidays
• Access to Kaufman Wellness Program

About Our Company

H.W. Kaufman Group is a powerful global network of companies dedicated to shaping the future of insurance. With thousands of dedicated professionals across an extensive network of over 60 offices around the world, we lead by offering innovative solutions that are at the forefront of the industry.

The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, pregnancy, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.