Accounting Manager – Real Estate
We are seeking an experienced Accounting Manager – Real Estate to oversee the financial operations for a portfolio of commercial properties across various funds and joint ventures. The Accounting Manager will ensure accurate reporting, compliance with lender and investor requirements, and effective collaboration with both internal departments and third‑party property management teams. This position is ideal for a professional with strong commercial real estate accounting experience and a detail‑oriented approach to managing complex portfolios.
Compensation & Benefits
- Salary Range : $130,000 – $140,000 (commensurate with experience)
- Bonus : 15% annual bonus
- Benefits : Comprehensive package including healthcare, dental, vision, and 401(k)
Key Responsibilities
Oversee all aspects of property‑level accounting for assigned commercial real‑estate assetsReview and supervise third‑party property accounting teams for accuracy in financial data, rent rolls, lease records, and cash managementManage the preparation and review of operating and tax escalation reconciliations, including expense caps, exclusions, and base year calculationsHandle loan compliance functions, including mortgage payments, lender reporting, debt service coverage calculations, and loan or escrow draw requestsPrepare unaudited and audited financial statements, ensuring accuracy in GAAP and tax‑basis reporting with appropriate footnotesManage joint venture accounting : capital calls, distributions, income allocations, and waterfall calculationsPartner with the Acquisitions team during due diligence to review settlement statements, prorations, estoppels, and opening entriesRequired Experience
5+ years of property accounting experience, primarily in commercial real estateBackground in funds and joint venture structuresExperience leading or supporting year‑end audits and preparing full financial statements and disclosuresStrong understanding of loan compliance and financial covenant monitoringProficient in tenant recoveries (CAM) and waterfall calculationsBachelor’s Degree in Accounting or BusinessNice‑to‑Have Experience
Background in public accounting with real estate clientsExperience with fair value GAAP, tax accounting, or IFRSFamiliarity with Taxable REIT Subsidiaries (TRS)Exposure to development or construction accountingAdvanced Microsoft Excel, Word, and Outlook skillsEqual Opportunity Employer
ProPivotal is an equal opportunity employer and considers qualified applicants for employment regardless of race, gender, gender identity, gender expression, age, color, religion, disability, veteran's status, sexual orientation, or any other protected factor.
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