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Real Estate Accountant
hace 4 meses
**Position**: Real Estate Accountant
We are seeking a dynamic and seasoned Real Estate Accountant to join our growing US-based tech-enabled real estate company. Reporting directly to the Operations Manager, you will be responsible for overseeing all aspects of bookkeeping and financials for our 150+ unit (and growing) portfolio. Our furnished and co-living products are in high demand: we need someone who can take ownership, helping deliver exceptional customer experience.
**Who you are**
- Detail-oriented
- Patient
- Team player
- Problem solver
- Driven to learn on own
- Reliable and on-time
- High on desire to improve systems
- High on commercial instinct - look for ways to increase revenue and save expenses
**Responsibilities and Tasks**
**Tracking, Analysis, Planning & Actions (TAPA)**
- Track firm’s Key Performance Indicators (KPI) for financial metrics (e.g. brokerage and mgmt income). Daily accuracy, monthly reports
- Track property-by-property KPI (e.g. income & Expense; # of maintenance requests; leasing and renewal stats), daily accuracy and monthly reporting
- Keep Notion Internal Wiki updated for all areas related to Bookkeeping & Accounting, as well as security deposit refunds/other money-related aspects of the company
**Accounts Payable & Receivable (AP & AR)**
- Maintain subsidiary accounts by verifying, allocating, and posting transactions.
- Prepare and execute bank reconciliations
- Handle Cash Flow Management
- Resolve issues regarding billing
- Follow up with outstanding AR balances (e.g. tenants) and escalate to next phase (legal / Notice-to-Quit / Notice-to-Terminate)
- Reconcile to the General Ledger
- Conduct monthly and annual payroll returns
**Vendor Setup + Payment + Management**
- Keep complete list of vendors with W-9 forms in-file and accurate vendor ledgers
- Interface with utilities for up-to-date list of accounts and e-pay information
- Interface with housing authorities for (1) up-to-date payment information and (2) handling renewal requests to bring rents up to market, coordinating inspection with Maintenance
- Interface with other vendors in similar fashion to above. Keep vendors accountable for job completion verification prior to payment release
**File & Data Management**
- Develop a system to account for financial transactions by establishing a chart of accounts; defining bookkeeping policies and procedures.
- Prepare general ledger and quarterly reports for the management summarizing transactions across multiple categories
- Prepare property-level monthly budgets
- Prepare federal and state individual income tax returns under supervision of a manager if required
- Any other ad-hoc duties assigned
**Requirements**:
- Minimum of 2 years of accounting/bookkeeping experience with US based real estate business (e.g. residential/multifamily/hospitality)
- Bachelor’s Degree in Accounting or equivalent
- Knowledge in US GAAP (Generally Accepted Accounting Principles)
- US-based customer service experience
- Experience with QuickBooks
- Reliable internet/WiFi and quiet workspace
- Impeccable written and spoken English
- This person speaks fluent English, has great attention to detail, a strong interest in learning and someone who can think for themselves
**Payment**
- Base monthly salary is $1,500 USD
- Payments are processed and sent via Wise or similar platform at an established frequency (bi-monthly)
**Schedule**:
- 8:00 am to 6:00 pm EDT (Monday through Friday)
- Some weekend work should be expected, during peak season (Q1: year-end financial review + tax season; July + August: heavy move-in/move-out activities)
Pay: $308,995.00 per month
Application Question(s):
- Please complete the form linked to this job advertisements. Applications without an short audio clip will not be considered
- Can you summarize in a few sentences what your accounting experience is?
Expected Start Date: 24/04/2023
