Accountant, Real Estate Job Description

Accountant, Real Estate Job Description

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Accountant, real estate provides accounting support for investors and property acquisitions by reviewing financial information; converting data to general ledger system.

Accountant, Real Estate Duties & Responsibilities

To write an effective accountant, real estate job description, begin by listing detailed duties, responsibilities and expectations. We have included accountant, real estate job description templates that you can modify and use.

Sample responsibilities for this position include:

Support Accounting Managers, Director of Property Accounting and CFO with special projects and workflow process improvements
Accounting support for accounting managers for multiple entities
Involved within a full scope of transaction activities including full cycle accounting
Participate in the implementation of fund structures onto the accounting system
Prepare and analyze complex Excel spreadsheets
General accounting duties including GL, AR/AP, and financial reporting for real estate properties
Ensures that all Equity Accounting Policies are implemented and all entities are in compliance
Insures that all accounting is in compliance with applicable joint venture or fee agreements
Interpret documents and ensure the implementation of new and/or revised Accounting Standards as applicable to the company
Recording daily remittances from servicer in Great Plains accounting system and monthly reports to lenders and partners

Accountant, Real Estate Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Accountant, Real Estate

List any licenses or certifications required by the position: CPA, AIA

Education for Accountant, Real Estate

Typically a job would require a certain level of education.

Employers hiring for the accountant, real estate job most commonly would prefer for their future employee to have a relevant degree such as Collage and University Degree in Accounting, Finance, Real Estate, Education, Business, MBA, Accountancy, Economics, Business/Administration, Professional Accounting

Skills for Accountant, Real Estate

Desired skills for accountant, real estate include:

GAAP to ensure the accurate accounting and reporting for real estate and debt funds
Investran
Yardi system
MRI
SEC and regulatory reporting
Yardi
Accounting
Construction accounting is a +
Excel
General ledger software package

Desired experience for accountant, real estate includes:

Responsible for requesting and tracking all vendor creations and updates through Accounts Payable Supplier Maintenance team, updating changes in the payment system timely
Consolidation for the group accounts
Implement financial reporting systems, policies and procedures
Preparation of corporate tax and GST filing
Knowledge in Singapore FRS and GST, and Corporate Tax issues
Prepare financial statements, footnotes and partner capital statements

Accountant, Real Estate Examples

1

Accountant, Real Estate Job Description

Job Description Example
Our company is looking for an accountant, real estate. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for accountant, real estate
  • Act as associate level support to help motivate our disposition accounting
  • Analysis of monthly financial statements
  • Initiate monthly payments for debt service, owner distributions
  • Calculation of monthly management fees and other fees
  • Monthly general ledger account analysis and balance sheet account reconciliation
  • Resolution of problems and issues as needed
  • Responsible for cash management of assets including determination of what can be paid weekly
  • Responsible for making all real estate tax and insurance payments timely to avoid late payments and penalties
  • Research problems under the direction of the immediate supervisor as required
  • Communicate with property owners and personnel as necessary
Qualifications for accountant, real estate
  • Ensure adherence to policies and procedures and maintain effective internal controls
  • Work as a team player in evaluating and resolving discrepancies, as needed
  • Calculate monthly property management fees
  • Candidate must be enthusiastic, creative, flexible, have strong technical aptitude
  • 3-5 years’ progressive work experience as an Accountant or Senior Accountant
  • Reconciliation of bank accounts, Accounts receivable, prepaid rent, and security deposits
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Accountant, Real Estate Job Description

Job Description Example
Our growing company is hiring for an accountant, real estate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for accountant, real estate
  • Improving the financial reporting process by studying, evaluating and re-designing processes and implementing change
  • Preparation of capital calls, distributions and quarterly statements to investors
  • Reconcile company credit card statements to supporting receipts
  • Preparation of monthly, quarterly, and annual financial statements including audited GAAP financial statements for real estate investment funds and real estate investments
  • Prepare and maintain investor reporting information, including investor statements, capital account allocations, capital calls, and distributions
  • Work with the asset management and investment analysis teams on various investment analyses, including projections, valuations, management summaries, and reports for investors
  • Compiling and analyzing financial information to prepare journal entries, annual budgets, documenting business transactions, and completing corresponding reconciliations
  • Assisting with the preparation of financial statements
  • Budget vs actual analysis
  • Analyze and review complex transactions, including but not limited to acquisitions, dispositions, refinancing’s, build to suit transactions
Qualifications for accountant, real estate
  • CPA or CPA candidate is a must
  • 1+ years of accounting experience, real estate industry is a plus
  • Minimum 5 years of experience in Accounting, Real Estate experience preferred
  • BA or BS in Accounting, Finance or Real Estate
  • At least 2 years of experience in a Corporate Accounting role
  • Ability to work in a fast paced environment with little training – proactive nature would work best in this group
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Accountant, Real Estate Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of accountant, real estate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for accountant, real estate
  • Prepare investor capital calls and distributions
  • Assist in the coordination of quarterly reporting, annual audits and the tax compliance process
  • Assist and maintain all data, uploads and systems utilized in the REIT compliance process
  • Performing less complex audit engagements and assisting Senior Accountants during audit engagements
  • Supporting the training of Associates
  • Preparing tax returns & work
  • Performing special assignments on real estate transactions
  • Prepares schedules needed for any audit in a timely manner
  • Maintain fixed asset tracker and make improvements to existing process
  • Evaluate systems and organizational structure for operational effectiveness and make improvements as necessary
Qualifications for accountant, real estate
  • An ambitious, positive attitude that comes to work each day looking to learn something new, make positive contributions to MREM team, further their own development as a working professional
  • Strong computer skills related to Microsoft Office (Excel, Word) required
  • The perfect candidate will have a minimum of 1-3 years of Accounting experience
  • Strong knowledge of Microsoft Excel and ERP systems
  • Liaise with the outsourcing partner’s NAV calculation team to receive NAV packs
  • Strong computer skills including Microsoft Excel proficiency
4

Accountant, Real Estate Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of accountant, real estate. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for accountant, real estate
  • Work directly with property management companies for all accounting and finance inquiries and issues
  • Prepares year-end tax documents
  • Prepare consolidated financial information and NAV
  • Organise corporate secretariat
  • Prepare and maintain work papers for various monthly roll forward and other schedules, on a monthly basis
  • Assist with all external audits of the organization and related entity’s financial statements as performed by various independent auditors
  • Complete DFTA reporting, SOFA reporting, Claims Conference billing, and Intercompany Billings
  • Attend meetings as needed and requested by Controller and CFO
  • Extensive preparation of monthly and quarterly financial statements
  • Create and generate financial reports for investors and senior management
Qualifications for accountant, real estate
  • Detail-oriented with the ability to review work and provide feedback
  • Accountancy degree or post graduate qualification (CPA etc) is preferred
  • Years of accounting experience, entry level is acceptable with a strong school and internship experience
  • Ability to utilize Excel skills and other software for analysis
  • Possess an analytical and strategic mindset
  • Positive attitude and strong communication
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Accountant, Real Estate Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of accountant, real estate. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for accountant, real estate
  • Review vendor payables for the firm and for managed real estate investments
  • Assist with real estate tax payment tracking for investment entities
  • Account analysis & reconciliation with focus on balance sheet items
  • Ensure the accuracy of all batches and distribute to upper management for final review/approval
  • Oversee the payment management software for contracts, vendors and designers
  • Support the project with a focus on job cost and construction aspect
  • Create and maintain project related reconciliations and other requested reporting as needed
  • Assist in the preparation of monthly and quarterly close and perform monthly reconciliations
  • Responsible for primary day to day contact for specific clients and funds
  • Ensure that Private Equity/Real Estate client deliverables are produced accurately and in compliance with policy within expected time frame agreed in client service level documents
Qualifications for accountant, real estate
  • Contribute to accounts payable function
  • Manage insurance for 300+ properties
  • Perform monthly bank reconciliations for various operating accounts
  • Prepare select portions of reporting to shareholders
  • Assist with annual and ad-hoc audits of financial records, property taxes, and system implementation
  • Demonstrated ability to execute and multi-task in a fast-paced environment

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