Real Estate Financial Manager
3 days ago
Real Estate Financial Management Job Description
We are seeking an experienced Accountant with a strong background in property management accounting to join our team. The ideal candidate will have a detail-oriented mindset, the ability to manage multiple financial processes, and the skills to ensure accuracy in all accounting operations related to our real estate portfolio.
Responsibilities:
- Prepare and maintain accurate financial records for property management operations, including AP/AR, journal entries, and general ledger reconciliations.
- Generate monthly, quarterly, and annual financial statements for individual properties and corporate entities.
- Monitor and analyze financial performance metrics, including NOI, budgets, and cash flow projections.
- Process and reconcile tenant transactions, including rent payments, security deposits, and lease adjustments.
- Collaborate with property managers to ensure financial accuracy and compliance with lease agreements.
- Assist in the preparation of budgets, forecasts, and variance reports for the real estate portfolio.
- Manage property-related tax filings, audits, and compliance with state and local regulations.
- Utilize property management software (e.g., Rent Manager, Yardi, MRI, or AppFolio) to ensure seamless financial tracking and reporting.
- Support financial due diligence for acquisitions and dispositions as needed.
Requirements:
- Bachelor's degree in Accounting, Finance, or a related field.
- Minimum of 3 years of experience in accounting, with at least 2 years in property management accounting.
- Proficiency in property management software Rent Manager (preferred) (e.g., Yardi, MRI, AppFolio) and advanced Excel skills.
- Strong understanding of real estate accounting principles, including CAM reconciliations, depreciation, and amortization.
- Exceptional attention to detail, organizational skills, and ability to meet deadlines.
- Excellent communication skills, with the ability to collaborate effectively across departments.
Compensation: $80,000 - $110,000 per year, depending on experience.
Benefits Package:
- Comprehensive benefits package, including health, dental, and more.
- Opportunities for professional development and career growth.
- A collaborative and innovative work environment within a fast-growing company.
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