
Commercial Real Estate Accounting Manager
2 days ago
Accounting professionals with experience in commercial real estate are sought to lead a portfolio of properties. This role involves meeting lender, tax, and investor requirements while collaborating with third-party property teams who manage day-to-day accounting operations.
- Responsible for overall property-level accounting including rent rolls and lease maintenance, cash management, financial reports, annual budgets, and quarterly budget re-projections.
- Oversee third-party property teams, review their accounting for consistency, accuracy, and proper accounting, and provide support to MRI users.
- Review and approve operating and tax escalations, annual estimates, quarterly and annual reconciliations, cost pools, expense caps, exclusions, gross ups, and base year calculations.
- Manage loan compliance, mortgage payments, lender reporting, and loan draw packages.
Skill & Experience:
We seek candidates with 5-8 years of property accounting experience, particularly in commercial real estate. Relevant skills include fair value GAAP, tax accounting, and proficiency with tenant recoveries (CAM). Ability to work independently, communicate effectively, and multitask is essential.
- Familiarity with TRS (Taxable REIT Subsidiaries) and IFRS
- Experience with loan compliance and financial software systems applications
- Proficiency with Microsoft Windows software programs
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