Real Estate Accounting / Control

"Accounting and Control in real estate is bigger than just number crunching…"

Accounting and control personnel are regularly involved in either auditing or tax with regard to the business operations of a real estate company. It is their responsibility to maintain records of current financial operations, maintain compliance, and review the viability of new ventures with regard to accounting and tax implications. Specifically, a controller is a more senior position and involves key oversight and decision making over business decisions on a more strategic level than a staff accountant would be asked to provide. A well functioning accounting and control staff will not only keep the books in order, but will be a strategic resource for maximizing profits through proper financial structure.

Information on this page provided courtesy of Cornell University Program in Real Estate

Real Estate Accounting / Control below

Related Job categories:

Bookkeeper, Financial Analyst, Compliance

Organizations for Real Estate Accounting / Control Professionals:

Skills Required:

Strong analytical skills
Strong Financial Skills and Budgeting
Good Bookkeeping Skills
Tax Knowledge
Microsoft Office

Accounting / Finance Jobs Rss Feed

Real Estate Accounting / Control Professional Reading and Resources

"Real Estate Accounting and Auditing"published by the AICPA
"Journal of Accountancy"published by the AICPA
"Real Estate Accounting and Reporting: A guide for developers, investors, and lenders"by Nicholas Cammarano and James J. Klink
"Accounting for Real Estate Transactions: A guide for public accountants and corporate financial professionals"by Maria K. Davis
"AICPA National Real Estate Conference Proceedings"
"AICPA Federal Real Estate Tax Conference Proceedings"proceedings

Industry Segments

College Degree (Minimum)
Masters Degree in Accounting, Tax, Law, or MBA preferred
CPA – Certified Public Accountant (requirements to sit for the state board exam vary by state)
CB – Certified Bookkeeper designation from AIPB

Looking to the Future

Accounting and control is moving from the back office to the front office as the job function evolves into a more strategic position. Financial reporting, auditing, and tax will continue to be the backbone of the industry; however, accountants and controllers will begin to be brought in on more strategic business decisions. Tax shelters through depreciation, the handling of passive and active losses, and other accounting principles can provide a real estate developer or investor with significantly better financial outcomes from a project. Proper financial structure and decision making by a controller can make or break the success of an investment. Politics and tax laws have major implications on real estate and an accountant with strong knowledge in how to leverage these to the benefit of the owner will always have a secure place in the real estate industry.

Top Real Estate Accounting / Control Companies

Deloitte
PricewaterhouseCoopers
KPMG
Grant Thornton
Ernst & Young

Source: SelectLeaders.com

View all job results

Job Title / Description Hide Description	Company	Location	Posted
Director, Fund Management/Director, Financial Reporting Wrightwood Capital is a real estate finance and investment company that provides capital solutions to commercial real estate developers and investors nationwide. Wrightwood Capital's strategy has combined an institutional capital base with the energy of an entrepreneurial organization, provid... Apply Save Email This	Wrightwood Capital	IL-Chicago	11/19/09

FHA Chief Underwriter Head of FHA Underwriting Location: Mid-Atlantic Region, USA Position Description: Manage a geographically diverse team responsible for the prescreening and underwriting of FHA loans. Responsible for managing due diligence activities across a broad spectrum of non-risk assets. ... Apply Save Email This	Confidential	MD	11/19/09

Real Estate Financial Analyst/FT/Northern, VA Area Founded in 1892 and accredited by the Middle States Commission on Higher Education, Strayer University’s mission is to make high quality post-secondary education achievable for motivated working adults. Strayer has become one of the most respected adult-focused universities in America and a... Apply Save Email This	Strayer University	VA-Northern	11/13/09

Lease Administrator FT/Strayer University/Springfield/Lorton, VA Area Founded in 1892 and accredited by the Middle States Commission on Higher Education, Strayer University’s mission is to make high quality post-secondary education achievable for motivated working adults. Strayer has become one of the most respected adult-focused universities in America and a... Apply Save Email This	Strayer University	VA-Springfield/Lorton	11/13/09

Multifamily Property Management Controller Multifamily Property Management Controller A multifamily real estate property management company is seeking a controller for its Las Vegas office. The scope of responsibilities includes all aspects of property management accounting: A/R, A/P, account reconciliation, monthly fina... Apply Save Email This	Confidential	NV	11/3/09

Senior Accountant Centro Properties Group is a multi-national retail property specialist with a focus on the ownership, management and re/development of community and neighborhood shopping centers, malls and lifestyle centers in the US. Its collective portfolio of more than 610 properties aggregates approxim... Apply Save Email This	Centro Properties Group	NY-New York	10/28/09

Senior Corporate Accountant Real Estate Investment Company focused on Healthcare sector with over $1 Billion portfolio is looking for Sr. Corporate Accountant to join our team in Scottsdale. Successful candidate will hold a BS/BA in Accounting and have a strong technical knowledge of US GAAP. Must have 3-5 years of corporat... Apply Save Email This	Healthcare Trust of America	AZ-Scottsdale	10/27/09

Controller Normal 0 false false false EN-US X-NONE X-NONE ... Apply Save Email This	View Capital, LLC	CA-los angeles	10/21/09

Lease Auditor Description: RRG is seeking responsible and motivated individuals to play an intricate role in a growing international, real estate consulting firm servicing Fortune 1000 and Global 1000 organizations. RRG provides a dynamic work environment for talented, team-oriented individual... Apply Save Email This	RRG	National US	10/20/09

Senior Project Accountant Jonathan Rose Companies is a network of affiliated planning and development firms with offices in New York City, Connecticut, Westchester, Denver and Albuquerque. The New York City office is comprised of four practice groups each focused on a specific business pursuit: investment, pla... Apply Save Email This	Jonathan Rose Companies	NY-New York	10/15/09

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Real Estate Accounting / Control

"Accounting and Control in real estate is bigger than just number crunching…"

Organizations for Real Estate Accounting / Control Professionals:

Skills Required:

Real Estate Accounting / Control Professional Reading and Resources

Industry Segments

Looking to the Future

Top Real Estate Accounting / Control Companies

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