We are seeking a detail-oriented, analytical, and driven US Real Estate Accountant to join our growing finance team. In this role, you will handle the full-cycle accounting for a portfolio of commercial real estate properties. You will bridge the gap between day-to- day property operations and high-level financial reporting, ensuring accuracy in financial statements, variances, and tenant billings. The ideal candidate has a solid foundation in commercial real estate accounting and thrives in a fast-paced environment. Experience with MRI Software is highly preferred and will give you a significant head start.
Responsibilities
- Full-Cycle Property Accounting: Manage the monthly, quarterly, and annual closing cycles for an assigned portfolio of commercial properties.
- Financial Reporting: Prepare accurate and timely financial statement packages, including balance sheets, income statements, and detailed variance analyses (actual vs. budget).
- CAM Reconciliations: Lead the annual Common Area Maintenance (CAM), real estate tax, and insurance escalation reconciliations for commercial tenants.
- Lease Administration Integration: Review lease abstracts, ensure accurate billing setups, and track tenant accounts receivable (AR), tenant improvements (TI), and rent roll accuracy.
- Cash Flow Management: Monitor property cash flows, approve distributions, and prepare monthly bank reconciliations.
- Treasury & Payables: Oversee property-level accounts payable (AP) coding, wire transfers, and debt service/mortgage payments.
Qualifications
- Education and License: A bachelor's degree in Accounting, Finance, or a related field is required. A CPA license is a plus.
- Experience: 1 to 3+ years of progressive accounting experience, with a strict focus on US commercial real estate.
- Software Expertise: Proficiency in MRI Software is highly preferred (Yardi or RealPage experience will also be considered).
- Advanced proficiency in Microsoft Excel (VLOOKUPs, Pivot Tables, SumIfs).
- Knowledge Base: Strong understanding of GAAP, accrual vs. cash accounting, and commercial lease structures (Triple Net/NNN, Gross, Modified Gross).
- Soft Skills: Exceptional attention to detail, strong organizational skills, and the ability to communicate financial data clearly to property managers and stakeholders.
- Working Hours: 8 am-5 pm Pacific Time
