Commercial Real Estate Portfolio Accounting Manager: Hybrid Boston. $135150K + 15% bonus.

Key Details

Schedule: Hybrid (currently 3 days in office / 2 remote)

Compensation: $135K - $150K base (depending on experience)

Bonus: 15% discretionary

Type: Full-time, exempt (direct hire)

Benefits: Healthcare, Dental, Vision, 401(k), and more

What you'll do

• Property accounting ownership
• Oversee and review 3rd-party property accounting for accuracy and consistency
• Review rent rolls, lease maintenance, cash management, and reporting packages
• Support annual budgets and quarterly reforecasts
• Review operating and tax escalations: annual estimates, quarterly/annual reconciliations, CAM cost pools, expense caps, exclusions, gross-ups, and base-year calculations
• Joint venture / fund accounting
• Comply with operating agreements and investor requirements
• Manage capital calls and distributions
• Calculate allocations and waterfalls
• Prepare combined/consolidated reporting when required
• Debt and compliance
• Mortgage payments and lender reporting
• DSCR and covenant calculations
• Loan-draw and escrow-draw packages
• Audit and financial statements
• Provide comprehensive audit support
• Prepare audited financial statements and footnotes (fair value and tax basis), as required
• Acquisitions and dispositions support
• Review diligence materials, settlement statements, prorations, credits, and estoppels
• Record opening entries and manage post-close true-ups
• Support dispositions including diligence responses, closing entries, gain/loss, and true-ups

Must-have Qualifications

• 5+ years of property accounting experience, with the majority in commercial real estate
• Strong tenant recoveries / CAM experience (hands-on reconciliations, not just exposure)
• Waterfall calculation knowledge (JV/Fund allocations)
• Year-end audit experience, including financial statements and footnotes
• Loan compliance experience (draw packages, escrow draws, covenant/ratio calculations)
• Ability to work independently, communicate clearly, and move fast
• MRI is a plus (not required)

Not a fit if

• Your background is primarily residential-only property accounting with no CAM/recoveries and limited complex structures
• Corporate GL/month-end close only with no property/JV/debt compliance exposure
• AP-heavy roles without ownership of escalations, recoveries, audit packages, and lender reporting