Real Estate Accountant

Work Arrangement:

• Location: Onsite – BGC
• Schedule: 12:00 AM – 9:00 AM
• Workdays: Tuesday – Saturday
• Rest Days: Sunday and Monday

Position Summary:

The Real Estate Accountant is responsible for the accounting, financial administration, and portfolio coordination of the organization’s real estate investments and related legal entities.

Key Responsibilities:

1. Property Accounting and Financial Close

•  Maintain complete and accurate accounting records for each property and related legal entity.

•  Prepare monthly property-level and entity-level financial statements and supporting schedules.

•  Record rental and other property income, operating expenses, capital expenditures, debt activity, and owner or intercompany

   transactions.

•  Reconcile bank accounts, loans, escrow balances, security deposits, intercompany accounts, and other balance-sheet

   accounts.

•  Review unusual transactions, aging items, and balance-sheet variances and resolve or escalate them promptly.

•  Maintain clear audit trails and organized support for material transactions and closing entries.

2. Portfolio Administration

•  Maintain a centralized portfolio schedule covering properties, related entities, ownership information, debt, insurance, taxes,

   leases, permits, and recurring obligations.

•  Maintain organized records for acquisitions, financing, insurance, tax filings, leases, vendor contracts, and major property

   expenditures.

•  Track renewal dates, filing requirements, loan maturities, payment deadlines, and other portfolio milestones.

•  Follow up with property managers and external parties for statements, invoices, notices, agreements, and missing

   documentation.

•  Maintain a reliable document repository and ensure key portfolio information remains current and accessible.

3. Real Estate Acquisition Leadership

•  Lead the finance and administrative workstream for each real estate acquisition approved by the CEO or CFO, from initial due

   diligence through closing and post-close setup.

•  Develop and maintain the acquisition checklist, document repository, responsible owners, due dates, open conditions, and

   approval status.

•  Coordinate financial due diligence, validate transaction information, and identify missing documents, risks, or unresolved

   financial matters.

•  Work directly with brokers, escrow and title providers, insurers, legal and tax advisers, inspectors, property managers, sellers,

   and other transaction parties.

•  Prepare regular status updates for the CFO and Finance Controller and escalate material risks, delays, funding issues, or

   approval requirements.

•  Review settlement and closing statements and confirm that deposits, purchase price, financing proceeds, closing costs, and

   other amounts are accurately documented and recorded.

•  Complete post-close accounting and administrative setup, including opening balances, property and entity records, loan

   schedules, insurance, taxes, vendors, and recurring payment obligations.

4. Financing and Loan Coordination

•  Work closely with the Treasury Officer to coordinate loan applications, lender requests, financing conditions, funding

   schedules, and closing requirements.

•  Maintain the lender-request list and track outstanding documents, conditions, approvals, and deadlines through completion.

•  Coordinate required banking information, deposits, equity contributions, wire instructions, and closing funding with the

   appropriate authorized parties.

•  Maintain debt schedules showing principal balances, interest rates, payment terms, maturity dates, covenants, and reserve

   requirements.

•  Reconcile lender statements and escrow activity and flag upcoming maturities, rate changes, covenant issues, or

   documentation requirements.

5. Financial Package and Investment Support

•  Consolidate the financial package required for acquisition and financing decisions, including historical financial information

   and forward-looking projections.

•  Work with the Finance Controller to obtain accurate historical financial statements, accounting schedules, reconciliations, and

   source data.

•  Work with the Financial Planning & Compliance Officer to prepare budgets, forecasts, pro forma cash flows, sensitivity

   analyses, and other forward-looking information.

•  Compile sources-and-uses schedules, debt-service information, capital requirements, and other lender or investment

   materials.

•  Ensure that assumptions, versions, supporting schedules, and approvals are clearly documented and internally consistent.

•  Provide financial information for refinancing, dispositions, valuations, and other portfolio decisions.

6. Cash Flow, Debt, and Capital Expenditures

•  Prepare property cash-flow forecasts and monitor funding needs for operations, debt service, taxes, insurance, and planned

   capital expenditures.

•  Track capital projects and major repairs against approved budgets and supporting commitments.

•  Monitor property cash balances, upcoming obligations, and potential funding shortfalls.

•  Coordinate with the Treasury Officer and Finance Controller on property funding, transfers, and debt-service requirements.

•  Identify material variances or emerging cash risks and report them to the CFO.

7. Tax, Insurance, and Compliance Coordination

•  Coordinate information required for property tax, income tax, entity, licensing, insurance, and other recurring requirements.

•  Monitor property tax bills, insurance premiums, renewals, notices, lender evidence-of-coverage requirements, and filing

   deadlines.

•  Provide complete and reconciled schedules and documents to external accountants, tax advisers, lenders, insurers, and other

   professional advisers.

•  Escalate potential late filings, missed payments, lapses in coverage, covenant issues, or other financial and compliance risks.

•  Maintain evidence of completed requirements and organized supporting documentation.

8. Management Reporting, Controls, and Process Improvement

•  Prepare a recurring portfolio report covering financial performance, cash, debt, capital expenditures, open items, and

   upcoming obligations.

•  Analyze actual results against budgets, forecasts, or prior periods and explain material variances.

•  Establish consistent accounting, reconciliation, documentation, and reporting procedures across property entities.

•  Strengthen controls over payments, supporting documents, entity coding, intercompany activity, and access to property

   records.

•  Develop standardized templates, dashboards, schedules, and practical automation to improve accuracy and efficiency.

•  Document improved processes and maintain appropriate procedures as the portfolio grows.

Required

•  Bachelor’s degree in Accounting, Finance, Management Accounting, Business Administration, or a related field.

•  At least four years of accounting experience, including real estate, property, multi-entity, or similarly complex accounting

   experience.

•  Experience preparing financial statements, account reconciliations, debt schedules, and supporting financial packages.

•  Working knowledge of property income, operating expenses, capital expenditures, loans, escrow, and intercompany

   accounting.

•  Strong Microsoft Excel and/or Google Sheets skills and experience using accounting systems.

•  Demonstrated ability to coordinate multi-party projects, manage documents, and track multiple deadlines through completion.

•  Strong analytical, problem-solving, written, and verbal communication skills.

•  Excellent attention to detail, sound judgment, confidentiality, and the ability to work independently.