Senior Real Estate Accountant

About the Role

The Senior Real Estate Accountant is responsible for managing the accounting functions related to a portfolio of commercial real estate properties. This role requires a highly organized, detail-oriented, and experienced professional who can manage multiple priorities and serve as a key resource to both internal and external stakeholders.

Responsibilities

• Manage financial accounting for a portfolio of commercial real estate properties, ensuring accurate and timely reporting.
• Prepare monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow reports.
• Assist the preparation of property budgets and forecasts.
• Perform monthly reconciliation of bank accounts, tenant receivables, and payable accounts.
• Coordinate with property managers to ensure accurate billing for tenants, including CAM charges, rent, and other expenses.
• Analyze financial data, provide insights into property performance, and recommend actions to improve profitability.
• Assist in preparing annual audits by collaborating with external auditors and tax advisors.
• Ensure compliance with internal controls, company policies, and accounting standards (GAAP).
• Maintain accurate and up-to-date records of all property-related financial transactions.
• Effectively communicate and respond to internal and external clients.
• Handle any other tasks and special projects as assigned by management.

Requirements

• At least 4 years of career experience in commercial real estate accounting or property accounting.
• Bachelor’s degree in Accounting, Finance, or a related field.
• Proven experience managing financials for commercial real estate properties, including financial reporting, budgeting, and forecasting.
• Proficient in accounting software (e.g., Yardi, MRI, or similar systems) and Microsoft Office Suite (Outlook, Word, Excel, PowerPoint).
• Strong knowledge of GAAP and the ability to apply accounting principles in a commercial real estate setting.
• Ability to work independently, make decisions, and provide financial guidance.
• Experience working with property managers, auditors, and external tax advisors.

Skills

• Strong knowledge of commercial real estate accounting principles, including CAM charges, lease abstracts, and property-level financials.
• Excellent communication skills, both oral and written, with the ability to interact effectively with internal teams and external stakeholders.
• Strong analytical and problem-solving skills, with the ability to provide actionable insights and recommendations.
• Ability to manage multiple priorities in a fast-paced environment and meet deadlines consistently.
• High attention to detail and accuracy in all financial reporting and analysis.
• Team-oriented, with the ability to collaborate effectively with cross-functional teams.
• Strong organizational skills and a proactive approach to managing tasks and responsibilities.

Schedule

40 hours per week, in-office work required.

Physical Requirements

Involves work of a general office nature, typically includes extended periods of sitting and/or operation of a computer for up to 8 hours a day.

About Cushman & Wakefield | Commercial Advisors

Cushman & Wakefield | Commercial Advisors (CW|CA) provides strategic advisory for occupier and investor services in office, industrial, land, and retail real estate. We develop client-driven real estate solutions from an understanding of the specific business drivers formulated by in-depth research and mature expertise.

• Brokerage: Assists with the business requirements of clients including acquisition of facilities, lease negotiations, business incentives, and sales transactions.
• Property Management: A leading third-party leasing & management firm in Memphis, recognized as a market leader with leasing and management assignments in office, retail, and industrial properties.

Our services include:

• Tenant Representation
• Asset Leasing
• Property Management
• Capital Markets
• Valuation and Advisory
• Project Development Services
• Business Incentives Practice
• Receivership/Asset Resolution

Our mission is to provide client-driven business real estate solutions with the highest degree of professional responsibility, service, and integrity, supported by expertise and real-time market knowledge.

For more than 30 years, the firm has provided real estate services and solutions in Tennessee, Arkansas, and Mississippi. As a Cushman & Wakefield Alliance firm, our strategic affiliation provides clients access to the global real estate market, serving needs in all business markets around the world through Cushman & Wakefield’s 400 global offices in 60 countries.