Real Estate Analyst, AZ, TN

Velocity Vehicle Group; Arizona; On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

401k with matching

Medical insurance

Dental insurance

Vision insurance

Employer-Paid Life Insurance

Job summary

Velocity Vehicle Group is seeking an Analyst, Real Estate to maintain financial records for a portfolio of real estate assets and support monthly close. You will manage lease accounting (ASC 842), reconcile accounts, and work with budgets, variances, and lender reporting to ensure accuracy.

The ideal candidate has a Bachelor's in Accounting or Finance, 2+ years of real estate accounting experience, strong Excel and ERP skills, and excellent collaboration across teams.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 2+ years accounting experience in real estate, property accounting, or related industry.
• 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, including lease classification, lease schedules, amortization, and related financial statement impacts.
• Advanced proficiency in Microsoft Excel and experience with accounting systems or ERP platforms.
• Strong analytical, organizational, and problem-solving skills with high attention to detail.
• Ability to manage multiple priorities, meet deadlines, and work effectively in a fast-paced environment.
• Strong written and verbal communication skills and the ability to collaborate across functions.

Responsibilities

• Maintain accurate financial records for real estate portfolio.
• Support monthly close and prepare financial statements.
• Reconcile accounts and monitor budgets and variances.
• Administer ASC 842 lease accounting and rent schedules.
• Track capex and CIP reports for asset conversion.
• Assist with budgets, reforecasts, and financial modeling for acquisitions, dispositions, developments, or refinance activity.
• Provide audit support and lender reporting.
• Collaborate with stakeholders on real estate accounting matters.

Skills

GAAP knowledge

Excel proficiency

Reconciliation skills

Financial reporting

Analytical thinking

Communication skills

ERP systems

Education

Bachelor's degree in Accounting/Finance

Tools

Trullion

ERP software

Job description

Who We Are:

At Velocity Vehicle Group (VVG), we represent a premium commercial brand in medium to heavy truck dealerships. We provide a full-service experience, from exceptional sales teams to highly skilled technicians and readily available parts. Our mission is to be the ultimate one-stop shop for truckers, owner operators, fleets, and companies. Combined with our Leasing and Rental business and financial services division, VVG stands as the premier truck dealership.

What's in it for You:

Velocity Vehicle Group is a dynamic and rapidly expanding organization, and we're on the lookout for individuals who relish daily challenges and are passionate about delivering top-notch customer service, both within the company and to our valued clients. When you join VVG, you'll experience an extraordinary work environment, complete with competitive compensation and a comprehensive benefits package, including 401K with matching, as well as Medical, Dental, and Vision coverage. Become a part of our team and immerse yourself in a company that fosters a Great Place to Work culture!

What You'll Do:

The Analyst, Real Estate is responsible for maintaining accurate financial records and reporting for a portfolio of real estate assets, properties, or entities. This role supports the monthly close process, prepares financial statements, reconciles accounts, monitors budgets and variances, and helps ensure compliance with accounting standards, internal controls, lender requirements, and applicable tax and regulatory obligations. The ideal candidate combines strong fundamentals of accounting with experience in property operations, lease activity, and real estate transactions.

Key Responsibilities

• Manage Trullion lease software which includes lease management, reporting, rent increases, renewals, terminations and addendums.
• Administer lease-related accounting under ASC 842, including lease classification, rent schedules, remeasurement support, and common area maintenance or operating expense recoveries when applicable.
• Manage real and personal property tax compliance, tax filings, tracking, payments and property valuation appeals.
• Manage financials for property companies. Including financial statements, general ledger activity, journal entries, accruals, reclasses, and account analysis.
• Create and maintain rent escalation schedules, calculation CPI rent increases. Communicate these changes to AP team in a timely manner.
• Perform monthly balance sheet reconciliations; investigate and resolve discrepancies in a timely manner.
• Support the month-end and year-end close process, ensuring accuracy, completeness, and adherence to reporting deadlines for monthly ASC 842 entries.
• Track capital expenditures and provide Construction in process segmented reports for conversion of projects to fixed assets.
• Assist with annual budgets, reforecasts, and financial modeling support for acquisitions, dispositions, developments, or refinance activity.
• Provide audit support, and documentation for external auditors, tax preparers, and lenders.
• Maintain compliance with GAAP, company accounting policies, loan agreements, management agreements, and ownership reporting requirements.
• Partner with internal stakeholders to resolve real estate accounting matters and ensure all property transactions are reported accurately.
• Lead subject matter resource on real estate accounting matters.
• Support process improvements, internal controls, and system enhancements to increase efficiency and data integrity.

Required Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 2+ years of accounting experience, preferably in real estate, property accounting, or a related industry.
• 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, including lease classification, lease schedules, amortization, and related financial statement impacts.
• Advanced proficiency in Microsoft Excel and experience with accounting systems or ERP platforms.
• Strong analytical, organizational, and problem-solving skills with high attention to detail.
• Ability to manage multiple priorities, meet deadlines, and work effectively in a fast-paced environment.
• Strong written and verbal communication skills and the ability to collaborate across functions.

Preferred Qualifications

• Experience with Trullion or similar systems preferred.
• Familiarity with ASC 842 lease accounting, CAM reconciliations, lender reporting, and partnership or ownership structures.
• Exposure to audit support, tax packages, and investor reporting.

Core Competencies

• Financial reporting and analysis
• Account reconciliation and close management
• Budgeting and variance analysisAttention to detail and accuracy
• Time management and deadline discipline
• Cross-functional collaboration
• Systems aptitude and process improvement mindset
• Professional judgment and discretion with sensitive financial information

Physical Requirements

• Must be able to lift up to 50 pounds at times.
• Must be able to pass post-offer drug screening, physical examination (including a lift test), and background check

Benefits Velocity Vehicle Group Offers

• A fantastic culture in a welcoming, great place to work environment.
• 401k with matching.
• Health, Dental & Vision Insurance, along with HSA & FSA options.
• Employer-Paid Life Insurance.
• Vacation + Sick Leave
• Company perks such as employee discounts, company events, and training programs.
• Excellent Training and Career Advancement Opportunities

Velocity Vehicle Group is an equal opportunity employer. Velocity Vehicle Group prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.