Job Openings Real Estate Accountant

About the job Real Estate Accountant

Position Title: Real Estate Accountant

Reports To: Partner, Partner Advisor

Primary Relationships: Partner Team

Date: May 2024

Schedule: 8:00 PM TO 5:00 AM PH Time

Responsibilities:

  • Review and ensure compliance of internal controls and the design of accounting systems

  • Calculate and review rent and additional rent charges, including real estate tax escalations and Operating Expense (CAM) escalations

  • Identify and adjust journal entries as necessary

  • Prepare and review annual income budgets

  • Conduct thorough analysis of the general ledger

  • Prepare and review sales tax returns

  • Prepare and review management fee calculations and maintenance personnel reimbursements

  • Assist property managers with monthly reporting and the analysis of financial information.

  • Oversee the transfer of documents and setup of new buildings for owner or third-party management contracts

  • Respond to inquiries and assessments from taxing authorities

  • Understand the income tax implications related to real estate transactions

  • Interact with outside auditors, banks, vendors, tenants, upper management, and proprietors

  • Prepare necessary spreadsheets and correspondence

  • Prepare personal financial statements and handle other confidential information



Qualifications:

  • Minimum of five years of experience in Real Estate Accounting

  • Experience with multiple property types is preferred, with a focus on commercial real estate being essential

  • Proficiency in Microsoft Excel is required