Senior Accountant - Multifamily

Realberry; Denver (CO); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Short-term disability

Long-term disability

401(k)

Employee assistance program

Paid time off

Job summary

Realberry is seeking a Senior Accountant to manage the monthly close for a portfolio of multifamily and land development entities. You will prepare financial statements, maintain cashflow forecasts, and ensure GAAP compliance across internal and external reporting.

Responsibilities include managing fixed assets, reviewing invoices, processing debt service, preparing budgets, and collaborating with our CPA firm on tax returns and audits.

Qualifications

• Bachelor’s degree in accounting required.
• 3–5 years of relevant accounting experience preferred.
• Strong GAAP knowledge essential.

Responsibilities

• Lead monthly close for assigned entities and explain variances.
• Maintain rolling 60-month cashflow forecasts with input from teams.
• Manage fixed asset records and debt service payments.
• Prepare budgets and support tax return preparation with CPA.
• Support annual audit processes and special process improvements.

Skills

Analytical skills

Quantitative skills

Written communication

Verbal communication

Organizational skills

Project management

GAAP knowledge

Education

Bachelor’s degree in accounting

Job description

Realberry is a privately held full service real estate development, investment and management company with a team of highly talented associates. We are passionate about creating great places for people and providing fabled experiences.

We are "evergreen," which means that we constantly strive to prosper in all phases of the real estate cycle.

At Realberry, we attract and retain the best and brightest in the industry and are constantly building our team to achieve our goals.

POSITION SUMMARY:

This role will serve as the Senior Accountant for a portfolio of multifamily and land development entities. The role is responsible for producing timely and accurate financial information and will work in close collaboration with the third-party property management company and internal teams throughout the company.

Key Responsibilities:

• Execute the monthly close process for assigned entities. Identify reconciling items, research and explain variances and take action to resolve open items. Prepare and review monthly/quarterly/annual financial statements in accordance with GAAP for both internal and external reporting for assigned entities. Ensure accuracy, clarity, and professionalism.
• Maintain monthly rolling 60-month cashflow forecasts for assigned entities. Forecast significant cash transactions such as distributions, contributions, loans and dispositions. Align with Asset Managers and Land Development teams on projections.
• Maintain fixed asset records for assigned entities.
• Review and approve invoices and process weekly check runs.
• Manage cash balances to ensure sufficient cash is available to meet all obligations in a timely manner.
• Process debt service payments on time through the debt service module.
• Prepare accurate budgets annually.
• Understand the operating agreements for each assigned entity regarding contributions, distributions and allocations of profits and losses.
• Account for equity transactions and maintain waterfalls for all assigned entities. Calculate and process distributions and contributions.
• Reconcile equity activity between related entities such as equity pick-ups and investments in subsidiaries.
• Work with land development team to track development costs and cost basis of land.
• Prepare analysis and JEs for land sales or contributions.
• Prepare support for tax return preparation and collaborate with outside CPA firm on preparation of tax returns.
• Prepare audit schedules and support the annual audit process for entities with audit requirements.
• Participate in special projects to improve accounting department operational efficiency and to improve policies and procedures.

Qualifications:

• Bachelor’s degree in accounting and a minimum of three to five years relevant experience; strong GAAP knowledge.
• Strong experience in multifamily and land development accounting is desired.
• Construction accounting experience is desired.
• Excellent analytical, quantitative, written and verbal communication skills required.
• Strong organizational and project management skills desired.

Realberry offers a competitive benefits package for full-time Associates including medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k), and an employee assistance plan. Additionally, we offer a generous paid time off plan that includes a week off between Christmas and New Year’s!

This job description is intended to provide a general overview of the position. It is not designed to be a comprehensive or detailed description of all the responsibilities and accountability of the role. As an agile company, our positions can and do change based on the business need of the organization.

Realberry is committed to the principle of equal employment opportunity for all associates. All employment decisions at Realberry are based on business needs, job requirements and individual qualifications. All applicants will be considered for employment without attention to age, race, color, sex, sexual orientation, gender identity, national origin, veteran or disability status.