Real Estate Accountant

Job Description

Job Description

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee discounts
• Health insurance
• Opportunity for advancement
• Paid time off
• Training & development
• Vision insurance
• Wellness resources

POSITION TITLE: Real Estate Accountant
REPORT TO: Controller
FSLA STATUS: Exempt
HOURS: Normal Business Hours (8:30 a.m. 5:30 p.m.) with extended hours, as necessary. Overtime is required at month-end and year-end close.

POSITION SCOPE:

The Real Estate Accountant is a key accounting team member, responsible for managing the financial reporting and accounting operations for a portfolio of real estate assets. This role ensures the accuracy and integrity of economic data by maintaining general ledger activity, preparing detailed financial reports, and supporting internal and external stakeholders with timely and insightful analysis. The ideal candidate will collaborate closely with property management teams, third-party portfolio managers, and senior leadership to support informed decision-making and promote financial accountability. This position requires a strong foundation in accounting principles, attention to detail, and the ability to manage multiple priorities in a fast-paced, deadline-driven environment.

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Prepare and analyze monthly, quarterly, and annual financial statements and accounting records to ensure accuracy, completeness, and compliance with internal budgets, company policies, and industry standards.
• Perform timely bank and account reconciliations, identifying and resolving discrepancies as needed.
• Collaborate with third-party multifamily portfolio managers to ensure accurate and timely financial data import into the accounting system.
• Coordinate with property management teams to ensure appropriate expense classification and support accurate monthly budget-to-actual variance analysis.
• Maintain the general ledger by recording journal entries and performing account maintenance by GAAP and internal policies.
• Support management teams in enforcement of internal control policies and ensure the integrity and security of financial data and records.
• Review financial reports and account reconciliations for accuracy and completeness before submission to stakeholders.
• Prepare annual IRS Form 1099s and other related compliance documentation by federal and state regulations.
• Generate and manage tenant billing and other property-related invoices, ensuring accuracy and timely collection.
• Monitor and resolve outstanding accounts payable and receivable items, working proactively with vendors, tenants, and internal teams.
• Assist with year-end close activities, including audit preparation, fixed asset recognition, depreciation schedules, and financial statement support.
• Identify opportunities to streamline accounting processes and recommend and implement process improvements to enhance efficiency and accuracy.
• Support budgeting and forecasting activities through financial modeling, variance analysis, and collaboration with operations teams.
• Participate in ad hoc projects, financial analyses, and reporting requests as assigned by leadership.

KNOWLEDGE, SKILLS & ABILITIES:

• Bachelors degree in accounting or equivalent experience.
• 3-5 years of relevant experience, preferably with a privately owned or closely held group of entities.
• Experience using NetSuite or similar ERP preferred.
• Proficient in Microsoft Office Suite (Word, Excel, and Outlook) with Intermediate Excel skills.
• Collaborative, self-starter who can work in a team environment and produce accurate output on time.
• Strong attention to detail and ability to analyze reports for exceptions and trends.
• Effective written and verbal communication skills.

Supervisory Responsibility: This position has no direct supervisory responsibilities.

ADDITIONAL DUTIES:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, obligations, and activities may change at any time or without notice.

AFFIRMATIVE ACTION/EEO STATEMENT:
EEA Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. EEA Companies is proud to be a drug-free workplace. However, screening tests for alcohol and illegal drugs may be performed on applicants and employees as a condition of employment.