CRE Portfolio Accounting Manager | Hybrid Role & Impact

ProPivotal

Boston (MA)

Hybrid

USD 135,000 - 150,000

Full time

7 hours ago
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Benefits offered by this job

Healthcare
Dental
Vision
401(k)

Job summary

ProPivotal in Boston is seeking an Accounting Manager to own the economics of a portfolio of commercial properties across Funds and Joint Ventures. You will manage 3rd-party property accounting, CAM recoveries, and lender reporting with a strong emphasis on waterfall allocations and audit readiness.

You will partner with asset management, acquisitions, tax, and finance, supporting budgets, reconciliations, and post-close adjustments while upholding high controls and efficiency.

Qualifications

  • 5+ years of property accounting experience, primarily in commercial real estate.
  • Hands-on tenant recoveries/CAM experience with reconciliations.
  • Knowledge of waterfall calculations for JV/Fund allocations.
  • Year-end audits with financial statements and footnotes.
  • Loan compliance experience including draw packages and escrow draws.
  • Ability to work independently and move fast.

Responsibilities

  • Oversee and review 3rd-party property accounting for accuracy and consistency.
  • Review rent rolls, lease maintenance, cash management, and reporting packages.
  • Support annual budgets and quarterly reforecasts.
  • Review operating and tax escalations (annual estimates, reconciliations, CAM pools).
  • Joint venture/fund accounting: comply with operating agreements and investor requirements.
  • Manage capital calls and distributions; calculate allocations and waterfalls.
  • Prepare combined/consolidated reporting when required.
  • Debt and compliance: mortgage payments, DSCR and covenant calculations, loan-draw packages.
  • Audit and financial statements: provide comprehensive audit support and footnotes.
  • Acquisitions/dispositions support: review diligence, settlements, prorations, estoppels.

Skills

Property accounting
CAM recoveries
Waterfall calculations
Audit readiness
Loan compliance
Independence and speed
MRI experience

Tools

MRI

Job description

ProPivotal in Boston is seeking an Accounting Manager to own the economics of a portfolio of commercial properties across Funds and Joint Ventures. You will manage 3rd-party property accounting, CAM recoveries, and lender reporting with a strong emphasis on waterfall allocations and audit readiness.

You will partner with asset management, acquisitions, tax, and finance, supporting budgets, reconciliations, and post-close adjustments while upholding high controls and efficiency.

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