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Real Estate Accountant

Salary
<$75,000
Employment
Full Time
Real Estate Field
  • Accounting / Control
Location
Minneapolis (Edina)
Region
MN
Postal Code
55422
Country
United States

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Description


Job Title: Real Estate Accountant


Job Purpose: Prepares financial statements and compiles data used for tax compliance and other third-party reporting requirements.  Analyzes and provides information to teams within the organization to assist with decision-making and real estate asset management.   Fulfills financial and administrative needs related to real estate operations.

Job Duties:

  • Prepares trial balance by recording general ledger journal entries, compiling and analyzing account details, and reconciling subsidiary accounts.
  • Maintains and balances subsidiary accounts by verifying, allocating, posting, and reconciling transactions.
  • Generates balance sheets, profit and loss statements, and other reporting as needed.
  • Assists with preparation of cash flow forecasting and budgeting.
  • Prepares monthly account reconciliations.
  • Assists in preparation of tax return workpapers and audits as necessary.
  • Manages information flow between accounting system and investor reporting portal.
  • Completes other projects as requested to assist in the organization’s overall success.
  • Commits to continuous improvement as it relates to work product and professional skillset.
  • Protects organization's value by keeping information confidential.
  • Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.

Skills/Qualifications: Qualifications for the real estate accountant include having strong accounting skills; being able to handle multiple projects in a given time, including during deadline periods; being a self-starter with a positive attitude who is team-oriented; having excellent verbal and written communication skills; exuding a professional presence; and possessing knowledge in Microsoft Office with strong experience in Excel and general ledger exposure.


Requirements:
A bachelor's degree in accounting or equivalent from an accredited college or university is required, as well as 1 to 3 years of accounting experience.  CPA and relevant real estate accounting experience or experience with MRI software preferred.

Job Functions


  • Accounting / Control
  • Financial Analysis
  • Syndication
 

Job Sectors


  • Alternative Investments
  • Residential
  • Hospitality / Entertainment
  • Healthcare
  • Industrial
  • Office
  • Retail
 

Experience


1+ to 2 years


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