Real Estate Property Accountant

ProPivotal; Wakefield (MA); Hybrid; USD 75,000 - 85,000; Full time

Job summary

A leading financial services firm is seeking a skilled Real Estate Property Accountant to lead property-level reporting for industrial assets. This hybrid role involves overseeing financial reporting, reconciliations, and collaboration with property managers. Ideal candidates will hold a Bachelor's in Accounting and have relevant experience, exhibiting strong prioritization skills.

Benefits

Competitive salary

10%-15% bonus package

Qualifications

• Bachelor’s degree in Accounting is required.
• 1-2 years of accounting experience in real estate desired.
• Proficiency in Excel and knowledge of Yardi preferred.

Responsibilities

• Oversee month-end close for properties and support financial reporting.
• Prepare balance sheet reconciliations and manage accounts receivables.
• Collaborate on annual budgets and assist in audit preparation.

Skills

Accounting experience in real estate

Ability to prioritize and manage multiple tasks

Education

Bachelor’s degree in Accounting

Tools

Excel

Yardi accounting software

Job description

Real Estate Property Accountant

We are seeking a skilled and motivated Real Estate Property Accountantto lead property-level reporting for a range of assets within a growing industrial fund or portfolio. The Property Accountant (PA) will work under the supervision of the Portfolio Accountants and the Accounting Manager to support a fast-paced and expanding enterprise. This is a hybrid position with the flexibility to work remotely on Fridays. The position offers a competitive salary ranging from $75,000 to $85,000 per year, along with a 10%-15% bonus package.

Responsibilities:

• Oversee month-end close for a portfolio of properties, ensuring timely financial reporting
• Prepare monthly balance sheet reconciliations and quarterly/year-end CAM reconciliations
• Manage accounts receivables, cash receipts, and initiate cash transfers (wires and checks)
• Collaborate with asset and property managers on annual budgets, quarterly reforecasts, and debt compliance
• Assist in annual audit preparation and provide support for various accounting tasks as needed

Required Qualifications:

• Bachelor’s degree in Accounting
• One to two years of accounting experience in real estate
• Ability to prioritize and manage multiple tasks

Preferred Qualifications:

• Proficiency in Excel
• Prior knowledge of development accounting
• Experience with Yardi accounting software

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