
Accountant – Commercial Real Estate
Bisnow
full-time
Posted on:
Location Type: Hybrid
Location: Boston • Massachusetts • United States
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Salary
💰 $85,000 - $100,000 per year
About the role
- Ensure the accuracy and integrity of your portfolio and corporate financial records and reporting.
- Build and maintain strong relationships with peers, vendors, financial institutions, and auditors.
- Ensure compliance with accounting standards (GAAP, Tax Accounting, JV operating agreements), company policies, and external regulatory standards.
- Champion initiatives to enhance efficiency and streamline workflows, mentor and support others, and contribute to the company goals and success.
- Maintain the general ledger by recording, verifying, and consolidating financial transactions.
- Prepare comprehensive financial statements, reporting packages, including balance sheets, income sheets, and cash flow statements, on a timely basis.
- Reconciles and analyzes various company General Ledgers and portfolio accounts.
- Ensures appropriateness and correctness of recorded entries.
- Process annual 1099’s.
- Assist in the preparation of monthly, quarterly, and annual financial support schedules.
- Reconcile bank statements and produce accurate bank reconciliation for portfolio.
- Manage the month-end, quarterly, and year-end closing procedures.
- Prepare and calculation of management fees.
- Accountable for meeting the timeliness of monthly financial closing schedule.
- Work closely and effectively with asset management, underwriting, marketing, operations, and legal teams to incorporate their insights into accurate financials.
Requirements
- Bachelor’s degree in accounting, finance, or related field, or equivalent experience
- 3-5 years accounting experience, ideally with 1-3 years of portfolio or asset management industry accounting. Background in real estate development is preferred.
- Strong understanding of GAAP standards
- Advanced Excel skills (pivot tables, VLOOKUP etc.)
- Proficiency in Sage, TimberScan, MS-Outlook.
- Strong analytical skills with the ability to synthesize complex data and communicate insights clearly to non-financial stakeholders.
- Excellent problem-solving skills, ability to think critically to make informed decisions and recommendations.
- Proven ability to manage multiple projects and priorities in a fast-paced environment.
- Strong organization skills and attention to detail.
- Excellent communication skills, both written and oral, with the ability to collaborate successfully with all levels of stakeholders.
- Proactive individual, possess a strong work ethic, deadline orientated, and team player.
Benefits
- $85,000-$100,000 base plus 15% annual bonus.
- Health Benefits (Medical, Dental, Vision)
- 401k program
- 15 federal paid holidays per year, 2-3 floating holidays and 15 days of PTO.
- 5 paid sick days.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
GAAPfinancial reportinggeneral ledger maintenancefinancial statement preparationbank reconciliationportfolio accountingmanagement fees calculationadvanced Exceldata analysisfinancial compliance
Soft Skills
analytical skillsproblem-solvingcritical thinkingorganization skillsattention to detailcommunication skillscollaborationproactivetime managementteam player