Commercial Real Estate Accountant

Responsibilities

• Oversee daily accounting operations for assigned multifamily real estate assets, ensuring financial records remain complete, accurate, and up to date.
• Perform month-end and year-end close procedures, making sure transactions are recorded accurately and all deadlines are met consistently.
• Process vendor invoices and maintain supporting documentation to ensure disbursement records are organized and current.
• Track and maintain vendor compliance documentation, including W-9 forms and certificates of insurance, updating records as renewals or changes arise.
• Manage annual 1099 preparation and filing to ensure compliance with reporting requirements.
• Prepare recurring monthly and annual reporting packages, including accounts payable activity, rent and receivables details, delinquency reports, management summaries, lender reporting, budgets, and performance analyses.
• Review monthly income statements and general ledger activity to verify accuracy, identify and resolve discrepancies, and record adjusting entries as needed.
• Prepare budget-to-actual variance analyses for assigned properties and communicate significant trends or exceptions to management partners when appropriate.
• Assist with audits, ad hoc financial requests, and accounting setup for newly acquired properties as needed.

Requirements

• Bachelor’s Degree in Accounting, Finance or Business Administration
• 3+ years of real estate accounting experience
• Experience with Appfolio a plus
• Advanced Excel skills a necessity
• Excellent written and verbal communication skills as they interact with tenants and clients