Real Estate Accountant

The Community Builders•Boston, MA

1d•$80 - $90•Hybrid

About The Position

About The Community Builders (TCB) Join a growing organization that is strengthening neighborhoods across the nation! The Community Builders, Inc. (TCB) is one of America's leading nonprofit real estate developers and owners. Our mission is to build and sustain strong communities where all people can thrive. Position Description: Full cycle accounting role for a portfolio of properties requiring analyzing and reporting on all accounting matters. Serve as the financial expert and primary facilitator of all financial matters providing accurate and timely financial information to internal departments and external clients. This role will be hybrid, reporting to the Boston office 2-3 days per week.

Requirements

Solid computer skills with proficiency in MS Excel required
Experience with Property Management accounting software necessary. Yardi preferred
Proven organizational skills with ability to set priorities manage multiple projects and meet deadlines
Self-starter capable of finding solutions with minimal supervision
Ability to interact with co-workers, site staff or vendors in an articulate, courteous and business-like manner at all times
Ability to work under pressure
Ability to work independently, as well as part of a team
Adaptability to changing demands
Effective problem-solving skills
Ability to multitask
Strong communication skills, written and oral, as well as solid interpersonal skills
BA/BS degree in Accounting or related field
A minimum of 3 to 5 years of Residential Real Estate accounting experience.

Nice To Haves

Previous accounting experience in affordable housing settings.

Responsibilities

Manage, analyze and audit all aspects of the general ledger to ensure accuracy of transactions and investigate and resolve any and all discrepancies with property management staff, if necessary
Prepare and enter journal entries to the general ledger as needed
Review and update recurring journal entries on a monthly basis for accuracy prior to posting to general ledger
Analyze monthly GAAP financial statements, and prepare all supporting schedules as required
Performs daily and/or monthly cash management responsibilities, including wire transfers, cash projections and weekly priority selection of invoices
Calculates and processes for payment the monthly management and accounting fees
Processes the monthly mortgage, escrow payments and other recurring payables
Responsible for paying the Real Estate Taxes and Insurance for assigned portfolio
Each month monitors security deposit cash and ensures that all accounts are fully funded
Prepare monthly bank statement reconciliations and resolve all reconciling items in a timely manner
Review coding of invoices to fixed asset accounts to verify they are legitimate capital items
Analyze and true up, on a monthly basis, all prepaid expenses and monthly operating accruals for assigned properties
Audit and ensure accuracy of various subsidiary reports and reconcile to general ledger, such as Rent Roll, AP Aging, Open Status Report, and Security Deposit Ledger for assigned portfolio
Serve as a resource and assist with preparation of portfolio annual budgets
Prepare interim and annual audit work paper package for year-end external audits
Provide Project Managers, Portfolio Managers, Regional Managers and all TCB personnel and external clients with the highest level of service
Perform other duties as assigned