Commercial Real Estate Accountant

We are looking for a Commercial Real Estate Accountant to support the financial operations of a portfolio of residential multifamily properties in Hopkinton, Massachusetts. This role is ideal for someone who brings strong property accounting experience, sound judgment, and a disciplined approach to financial reporting and close activities. The position works closely with asset and property management teams to deliver accurate records, meaningful analysis, and timely reporting for both internal and external stakeholders.

Responsibilities:

• Oversee daily accounting operations for assigned multifamily real estate assets, ensuring financial records remain complete, accurate, and up to date.
• Perform month-end and year-end close procedures, making sure transactions are recorded accurately and all deadlines are met consistently.
• Process vendor invoices and maintain supporting documentation to ensure disbursement records are organized and current.
• Track and maintain vendor compliance documentation, including W-9 forms and certificates of insurance, updating records as renewals or changes arise.
• Manage annual 1099 preparation and filing to ensure compliance with reporting requirements.
• Prepare recurring monthly and annual reporting packages, including accounts payable activity, rent and receivables details, delinquency reports, management summaries, lender reporting, budgets, and performance analyses.
• Review monthly income statements and general ledger activity to verify accuracy, identify and resolve discrepancies, and record adjusting entries as needed.
• Prepare budget-to-actual variance analyses for assigned properties and communicate significant trends or exceptions to management partners when appropriate.
• Assist with audits, ad hoc financial requests, and accounting setup for newly acquired properties as needed.

Qualifications:

1. Bachelor’s Degree in Accounting, Finance or Business Administration
2. 3+ years of real estate accounting experience
3. Experience with Appfolio a plus
4. Advanced Excel skills a necessity
5. Excellent written and verbal communication skills as they interact with tenants and clients

Compensation

$75,000.00-$85,000.00 Yearly

About Us

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