Accountant (Commercial Real Estate)
REDICO · Southfield, MI · 3 wk ago
FinanceFull-time
About the role
Join REDICO, a respected leader in commercial real estate development, construction, and property management. This role offers the opportunity to work on diverse commercial real estate portfolios, gain exposure to investor reporting and financial strategy, and partner with operations, leadership, and external stakeholders in a stable, growth-focused organization.
Responsibilities
- Property Accounting & Financial Reporting
- Prepare and analyze monthly financial statements (GAAP, cash basis, or other applicable reporting methods).
- Ensure accuracy, timeliness, and compliance in all reporting.
- Support year-end audits, tax returns, and CPA deliverables.
- Budgeting, Forecasting & Analysis
- Partner with Operations to develop annual budgets, reforecasts, and cash flow projections.
- Monitor portfolio performance using KPIs and financial metrics.
- Maintain and enhance financial models and analysis tools.
- Lease & Revenue Management
- Calculate expense recoveries, rent escalations, and CPI adjustments.
- Analyze lease terms, renewals, expansions, and terminations.
- Evaluate the financial impact of leasing activity on asset performance.
- Asset & Portfolio Management
- Track and manage capital expenditures, reserves, payables, and receivables.
- Interpret financing agreements and investment structures.
- Monitor debt covenants and financial performance metrics.
Requirements
- Bachelor’s degree in Accounting or Finance.
- 3+ years of commercial real estate accounting experience.
- Experience with MRI or similar property accounting software (preferred).
Skills
- Strong knowledge of real estate accounting, financial reporting, and portfolio management.
- Understanding of financial concepts: IRR, NPV, ROE, and debt service coverage ratio.
- Excellent analytical, critical thinking, and problem-solving skills.
- Ability to manage multiple priorities and meet deadlines.
- Strong communication skills (written and verbal).
- High attention to detail with strong business judgment.
- Ability to work independently and collaboratively.
Benefits
- Competitive salary (based on experience).
- Comprehensive benefits package (medical, dental, vision, 401k, etc.).
- Career growth and advancement opportunities.
- Collaborative, team-oriented culture.