Real Estate Accounting Analyst

Velocity Truck Group; Tennessee; On-site; USD 70,000 - 105,000; Full time

Benefits offered by this job

401k with matching

Medical, Dental & Vision Insurance

HSA & FSA options

Employer-Paid Life Insurance

Vacation + Sick Leave

Employee discounts and training

Job summary

Velocity Vehicle Group is seeking an Analyst, Real Estate to maintain accurate financial records for a portfolio of real estate assets. The role supports monthly close, prepares statements, reconciles accounts, and ensures compliance with GAAP and lender requirements while leveraging experience in property operations and lease activity.

The ideal candidate will manage lease accounting under ASC 842, assist with budgets, and collaborate with internal teams to improve data integrity and reporting

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 2+ years of accounting experience, preferably in real estate or property accounting.
• Strong understanding of general ledger accounting, reconciliations, accruals, and financial statement preparation.
• Working knowledge of GAAP and internal control practices.
• Proficiency in ASC 842 lease accounting and related financial statement impacts.
• Advanced Excel skills; experience with ERP/accounting systems.
• Strong analytical and communication skills; detail-oriented.

Responsibilities

• Manage Trullion lease software including lease management, reporting, rent increases, renewals, terminations and addendums.
• Administer ASC 842 lease accounting, including classification and rent schedules.
• Handle real and personal property tax compliance, filings, tracking, payments and valuation appeals.
• Oversee financials for property companies: ledgers, journal entries, accruals, reclassifications and account analysis.
• Create and maintain rent escalation schedules and CPI-based increases; coordinate with AP.
• Perform monthly balance sheet reconciliations and resolve discrepancies.
• Support month-end and year-end close processes for ASC 842 entries.
• Track capital expenditures and provide reports for asset conversions.
• Assist with annual budgets, reforecasts, and financial modeling for acquisitions or refinances.
• Provide audit support and documentation for external auditors and lenders.
• Ensure compliance with GAAP, loan agreements, and ownership reporting.
• Partner with stakeholders to resolve real estate accounting matters; lead real estate accounting SME.
• Support process improvements, internal controls, and system enhancements.

Skills

GAAP knowledge

Excel proficiency

Analytical thinking

Communication

Education

Bachelor's degree in Accounting/Finance

Tools

Trullion

ERP systems

Job description

Velocity Vehicle Group is seeking an Analyst, Real Estate to maintain accurate financial records for a portfolio of real estate assets. The role supports monthly close, prepares statements, reconciles accounts, and ensures compliance with GAAP and lender requirements while leveraging experience in property operations and lease activity.

The ideal candidate will manage lease accounting under ASC 842, assist with budgets, and collaborate with internal teams to improve data integrity and reporting