Real Estate Accountant Resume Sample
Work Experience
- Analysis and reconciliation of rent payments and landlord rent statements
- Review, analyze, and perform audits of year end statements from landlords regarding Common Area Maintenance, Real Estate Taxes, Utilities and Advertising costs
- Assist the Lease Administrator, the finance, and audit departments with any lease module related questions
- Review lease module for the activation of a lease once a new store has opened
- Work closely with landlords to resolve any discrepancies and/or outstanding balances
- Track and recoup tenant allowance reimbursement
- Working knowledge of the rules of the International Accounting Standard Board (IASB) and the Financial Accounting Board (FASB.)
- Positive attitude, sense of urgency self-starter
- Continually improve processes and initiate procedure enhancements
- Willingness to work in both an individual and team environment
- Working knowledge of retail real estate, with experience in lease accounting and lease auditing
- Experience in property management and accounting
- Responsibilities include developing in-depth understanding of tax and auditing aspects of each client’s LIHTC-financed projects
- CPA with 4+ years of public accounting experience, with an emphasis in the Affordable Housing Industry audit and tax areas
- Experience with preparation of sophisticated, corporate and partnership tax returns
- Highly detail oriented with solid organization skills
- Excellent communication skills and the ability to interact directly and effectively with clients and partners
- Proficiency with Microsoft office applications, “paperless” accounting/auditing software, and tax preparation software
- Experience in accounting required
- Property accounting experience required
- Communication and top notch customer service required
Education
Professional Skills
- Strong written and verbal communication skills and time management skills
- Strong Accounting skills 2 to 4 yrs accounting experience
- Strong organization and planning and analytical skills
- Possess strong organizational and communication skills, as well as the ability to work independently
- Computer proficiency in MS Office especially strong skills in Excel
- Excellent organizational skills with ability to work independently and multi-task in a complex, fast-paced, and deadline-driven environment
- Strong written and verbal communication skills and meticulous attention to detail
How to write Real Estate Accountant Resume
Real Estate Accountant role is responsible for excel, software, research, reporting, accounting, advanced, microsoft, organization, auditing, finance.
To write great resume for real estate accountant job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Real Estate Accountant Resume
The section contact information is important in your real estate accountant resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Real Estate Accountant Resume
The section work experience is an essential part of your real estate accountant resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous real estate accountant responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular real estate accountant position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Real Estate Accountant resume experience can include:
- Prepare consolidated internal and external financial statements by gathering and analyzing information from the accounting system with multiple company files
- Experience using real estate accounting software program,.Quickbooks, Sage Timberline and Excel
- Three or more years accounting experience in a larger organization with mainframe-based accounting systems
- Proven knowledge of real estate product structuring
- Experience in Commercial Property Management and/or Real Estate development accounting
- Competitive candidates have at least three years of real estate related accounting experience
Education on a Real Estate Accountant Resume
Make sure to make education a priority on your real estate accountant resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your real estate accountant experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Real Estate Accountant Resume
When listing skills on your real estate accountant resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical real estate accountant skills:
- Proven ability to effectively work with outside counsel, accounting and tax advisors, in-house legal counsel, marketing professionals and senior executives
- Relevant experience. Previous experience in public accounting and fund accounting is required
- Proficient Microsoft Office skills, including Outlook, Word, and Excel
- Advanced level PC skills with knowledge of Windows Microsoft software applications
- Willing to learn, solid work ethic, positive attitude
- Demonstrated ability to reviewing leases and applying appropriate accounting guidance
List of Typical Experience For a Real Estate Accountant Resume
Experience For Senior Real Estate Accountant Resume
- Utilizes the Enterprise treasury management system to initiate numerous wire transfers relative to contribution and distribution transactions authorized by Eagle’s investment managers
- Proven ability to work independently with significant ambiguity and little direct day-to-day supervision
- Adhere to Real Estate Accounting Policies and Procedures (REAPP) to ensure internal and external reporting requirements are consistently met
- Assists Corporate Accounting with implementing new FASB pronouncements, audits, capitalization inquiries, and tax matters, as required
- Collect, review and process contractor invoicing, including lien releases and other required documentation
Experience For Real Estate Accountant Analyst Resume
- Create and maintain filing systems for both electronic and hard copy filing
- Complete and oversee advanced level accounting transactions in preparation of client financial statement packages
- Create or review complex property budgets and forecasting for assigned property portfolios
- Assists with the development of financial models to analyze occupancy alternatives for both operating and office locations
- Supports data transparency and departmental workflow streamlining initiatives
- Respond to Ad hoc reporting and Business Unit Inquiries
Experience For Adv Senior Real Estate Accountant Resume
- Monitor and maintain operating cash balances
- Manage the tenant billing process performed by an assistant
- Computes year-end reconciliations for tenant’s CAM, tax and insurance proration
- Prepare and/or review monthly financial reports, reconciliations, budgets, leases, cash flows, and any other property-related reports/financial information
- Help manage process with external auditors during annual audits and quarterly reviews, including completing required audit schedules, work papers and other documentation
Experience For Commercial Real Estate Accountant Resume
- Prepare and present timely monthly financial reports
- Conduct reviews and evaluations for cost-reduction opportunities
- Prepare wires on a weekly basis and prepare monthly bank recs
- Audit subcontractor and supplier invoices
- Assist Controller with various ad hoc projects
- Review of tax returns
Experience For Senior Real Estate Accountant Located Resume
- Quarterly, budget and audit reviews of lower tier partnerships
- Prepare monthly/yearly GAAP-based financial statements
- Enter customer rental payments
- Record property acquisition / divestiture information
- Proficient with Excel and other Microsoft Office Suite products
- Meet strict deadlines in a fast paced, results-oriented environment
- Apply cash, accrual and full GAAP accounting principles to prepare, analyze, maintain and deliver complete and accurate financial reports for a highly complex or strategic portfolio of CBRE clients and properties
- Prepare packages on a schedule to ensure timely delivery to the client and other management teams
- Respond to and resolves issues and requests from management teams and clients regarding various accounting issues and reports, including Profit and Loss statements
Experience For Commercial Real Estate Accountant With Timberline Resume
- Participate in new property and client transitions, and client audit requests
- Communicate requests for additional services from clients and the field to senior management and understands the scope of accounting services for the properties in portfolio
- Provide informal assistance such as technical guidance, and/or training to coworkers
- Update and maintain certain balance sheet account schedules
- Update and maintain asset retirement obligation assumptions and schedules
- Prepare reconciliations of selected income statement and balance sheet accounts
- Assist with information requirements related to the execution of periodic audits
- Prepare annual occupancy budget for assigned portfolio
- Reconcile and prepare monthly rent and sundries for payment
Experience For Real Estate Accountant / Bookkeeper Resume
- Prepare job cost analysis and project related reports and request and collect tenant improvement allowance draws
- Review, audit, and process construction project related invoices and requisitions
- General ledger maintenance for 20+ properties
- Budget/forecast preparation for some areas
- Provide service to internal and external customers in areas such as cash flow analysis, reconciliation, work paper preparation, and financial analysis and reporting
Experience For Real Estate Accountant Resume
- Streamline and improve policies and procedures to enhance efficiencies
- Create and maintain Excel models for deals and funds
- Month end and year end close activities
- Financial statement review and CAM reconciliations
- Prepares journal entries and corresponding schedules on a monthly basis by analyzing transaction activity, allocating costs, and preparing required support for audit purposes
Experience For Senior Real Estate Accountant Resume
- Manages the payment and reporting of real estate taxes for owned and leased real estate assets
- Prepares department budgets, forecasts, and variance analysis for Management
- Performs financial analysis on different real estate projects on an ad hoc basis including lease vs purchase considerations, development opportunities, and asset valuation analysis
- Serve as a SME within real estate operations management
- Review and approve cash related transactions
- Review and approve bank and ledger account reconciliations
- Review and approve reports for both daily and monthly closings
- Proficient in MS Office suite (Excel, Outlook, Word and Visio)
- Review new leases to ensure they are accurately represented in the Real Estate Management System
Experience For Real Estate Accountant Analyst Resume
- Promptly respond to requests from internal & external auditors related to lease documentation
- Prepare balance sheet reconciliations of all rent and & rent related accounts. Review all Corporate Services fixed asset to ensure they are accounted for in accordance with Fixed Asset policy and are assigned to the right locations
- Prepare Monthly variance analysis, with explanations, of space & occupancy expenses
- Assist department with implementation of FASB/IFRS changes in accounting standards for accounting for leases. Responsibilities includes gaining an understanding of the new lease accounting standard, obtaining training on the lease compliance real estate system, assist in all system functionality testing and prepare for go-live
- Prepare all aspects of the financial statement package, including journal entries, general ledger analysis & review, distribution of reports and month end closing in a timely manner
- Ensure timely payments of all debt, real estate taxes, insurance and distributions
- Coordinate loan draw requests and correspondence with lenders
- Serve as primary administrative point of contact for the Construction Management team
- Compose and/or edit correspondence, reports, spreadsheets, presentations and other documents
List of Typical Skills For a Real Estate Accountant Resume
Skills For Senior Real Estate Accountant Resume
- Multi-task in a fast paced environment and possess analytical skills
- General ledger accounting (preferably real estate) experience
- Audit experience with a major accounting firm, preferably within the real estate industry
- Real Estate Management Accounting experience required
- Strong working knowledge of Google Calendar, and MS Office
- Analysis of companywide accounting procedures to ensure their effectiveness
- Experience in Accounting in real estate or property management
- Real estate accounting experience
Skills For Real Estate Accountant Analyst Resume
- Validate accuracy of information exporting from Yardi to other systems
- Accounting work experience
- Strong knowledge of GAAP, SOX, real estate contracts and accounting within the real estate industry required
- Real estate/property management experience
- Experience; ideally 3+
Skills For Adv Senior Real Estate Accountant Resume
- Establish and maintain strong relationships with senior executives to identify their needs and seek full range of business solutions
- Prioritize and work on special projects which add value to the overall organization
- High priority placed on cultural fit and references
- Strong leadership qualities and entrepreneurial attitude
- Experience with Microsoft Office Suite, including proficiency in Excel
- Well organized and flexible with the ability to multi-task and react to changing priorities
- Systems experience: i.e. Omega; BOXI
- Accounting and reporting for Development and Operating projects
- Accounting and auditing of trial balances
Skills For Commercial Real Estate Accountant Resume
- Understanding of US GAAP, internal controls and financial reporting required
- Understanding of basic cost accounting
- Manage all accounting operations including A/R, A/P, GL, Cost Accounting, Inventory Accounting and Billing
- Apply GAAP accounting principles to assist in preparing, analyzing and maintaining complete and accurate financial reports for a fast-growing lease portfolio
- Develop, implement, modify, and document record-keeping and accounting systems, making use of current computing technologies
Skills For Senior Real Estate Accountant Located Resume
- Assist in the preparation of financial reporting required in any SEC filing including Forms 10-K, 10-Q, 8-K, and other filings as needed
- Help build out process and team to provide first-in-class real estate accounting and reporting for REITs, including internal control design and implementation
- Provide accounting support for investors and property acquisitions by reviewing financial information; converting data to general ledger system
- Weekly accounts payable invoice processing, including coding verification and approvals
- Generates and reviews monthly financial statements, including cash flow analysis and projections. Oversees all administrative and selling expenses
- BA/BS in Accounting or Finance with a concentration in Accounting required
- Properly resolving flaws in accounting procedures
- Analyze historical information and options by developing spreadsheet reports; verifying information
Skills For Commercial Real Estate Accountant With Timberline Resume
- Assist with reviewing new leases to determine financial accounting implications
- Assist with month-end closing process and post recurring journal entries
- Assist in performing analytics to review monthly leasing activity
- Monthly review of general ledger for accuracy and completeness in accordance with GAAP and/or FV, including posting reclassifications and accruals as necessary
- Preparation of annual GAAP and FV operating budgets, development budgets and update forecasting
Skills For Real Estate Accountant / Bookkeeper Resume
- Expert in industry-standard investment accounting systems
- Maintains general ledger accounts and corresponding reconciliations
- Decisions made with understanding of procedures, company policies, and business practices to achieve general results and deadlines
- Develops waterfall models in collaboration with the Real Estate Portfolio and Performance Reporting Manager and Asset Managers
- Preparation/compilation of supplemental investor and reporting packages
- Ensure quality control over financial transactions and financial reporting, monitor bank accounts
- Assist Controller in tax preparation and filing
- Prepares special accounting reports for management or regulatory author
Skills For Real Estate Accountant Resume
- Cash flow analysis and billing – Team Lead
- Investor ad hoc reporting
- Review ledger detail, record adjusting journal entries, reconcile capital and tenant improvements, and lease commissions and capitalize when complete
- Handle Vendor inquiries regarding contracts and payments
- Accrue expenses; request disbursements; process payments; and reconciling accounts
- Perform capital lease testing on new leases
- Assist in implementing the new leases (ASC 842) standard
- Reconcile and perform desktop audits on tax and operating expense escalations and review estoppels and snda's for lease compliance
Skills For Senior Real Estate Accountant Resume
- Process payments and record accounting activity and transactions in financial areas such as real estate, debt, taxes, and insurance
- Ensure daily, monthly, quarterly and annual reporting requirements are completed accurately and in a timely manner
- Accounting for real estate investments/real estate operations
- Assist in the implementation of the new lease accounting standard
- Prepare the month end close process, including expense accruals and adjustments
- Set up and track fixed assets. Record depreciation and amortization for all operating projects
- Preparation of monthly reporting package for joint venture partners and third-party owners
- Preparation of annual CAM reconciliations for operating projects
Skills For Real Estate Accountant Analyst Resume
- Prepare Project Cost Summaries showing status of construction and development properties
- Preparation of monthly draw package for submission to lenders and record funding
- Resolve vendors’ issues related to timely and accurate invoicing
- Prepare expense tracker to review and monitor billing progress in line with budget and forecast. Communicate expense tracker weekly to project manager
- Assist the property managers in developing annual budgets
- Able to read and understand technical forms and financial reports
List of Typical Responsibilities For a Real Estate Accountant Resume
Responsibilities For Senior Real Estate Accountant Resume
- Commercial real estate experience in property management and development (5+ years)
- Transactional accounting functions such as calculating payments, maintaining G/L, reconciliations, property tax, balance sheets, etc
- Weekly and monthly reporting and tracking
- Compliance with lender reporting requirements
- Communicate and provide information to development directors, capital partner, auditors, corporate accounting, tax department, lenders, and others
- Review of depreciation/amortization schedules and fixed asset schedules
Responsibilities For Real Estate Accountant Analyst Resume
- Knowledge of administrative practices and procedures
- Work in a fast-paced, self-directed, entrepreneurial environment
- Coordinate and execute the monthly close process including journal entries, reconciliations and financial statement preparation for reporting to senior management, bank and shareholders
- Manage annual financial statement audit and other sales/use tax audits
- Oversee A/P and A/R functions performed by assistant
- Perform daily bank/cash reconciliation
- Involved in Cash Flow and Budget process
- Oversee weekly payroll and perform annual payroll related filings
- Participate in Office Management function
Responsibilities For Adv Senior Real Estate Accountant Resume
- Identify and setup Consumer Price Index CPI calculations obtained from MRI Real Estate system and lease agreements
- Perform CPI calculations and produce communications
- Review and interpret lease agreements to identify percentage rent clauses
- Update percentage rent clause criteria in the MRI Real Estate system and calculation workbooks
- Process percentage rent accurately and timely
Responsibilities For Commercial Real Estate Accountant Resume
- Assist with the preparation of Gross Sales reports
- Coordinate with team to create new division conversion files and workbooks
- Continually audit and resolve differences between MRI Real Estate and workbooks
- Prepare periodic financial statements and reports as needed
- Monthly explanation of variances to budget within predefined thresholds
Responsibilities For Senior Real Estate Accountant Located Resume
- Review of leases rent rolls and tenant agings for accuracy and FASB13 adjustments
- Monthly calculation of development and property management fees
- Record general and limited partners’ equity pick-ups, contributions and distributions related to investments in joint ventures as well as minority interest partners interest in projects
- Accounting for property acquisitions and dispositions, including review and summarization of related documents and preparation of journal entries, in accordance with GAAP
- Prepare wires for monthly debt service including the recalculation of interest and journalize
- Calculate and file Florida sales tax returns
Responsibilities For Commercial Real Estate Accountant With Timberline Resume
- Compliance with Sarbanes-Oxley
- Review of construction loans
- Preparation of income statements, account reconciliations, variance analysis, balance sheets, etc
- Cash Management and Payables
- For projects under construction, set up initial contract and input pay applications into job cost
- Prepare monthly capital calls or distributions to each of the joint venture partners, as required
- Ad hoc requests and special projects
Responsibilities For Real Estate Accountant / Bookkeeper Resume
- Proficiency in Word, Excel, JD Edwards and MRI
- Initiative and work with minimal supervision
- Review all contracts for financial risk and opportunities,
- Archive vendor contracts, invoices and ensure that they are stored in an appropriate record retention format for audit purposes
- Liase with external accountants to handle all tax compliance, filings for all entities, and provide all schedules and requests
- Assist with CAM reconciliation and real estate tax calculations
- Analyze the costs and returns of real estate projects
Responsibilities For Real Estate Accountant Resume
- Record and maintain escrows, capital expenditures, and depreciations
- Development and/or establishment of accounting policies and procedures and operational strategies, including the reviews and implementation of process system changes
- Read and interpret lease verbiage as it relates to CAM and real estate tax provisions
- Supervision of one property accountant
- Assist with supervision of Staff Accountants
- Prepares, enters, reviews and manages the posting of general ledger entries, including accounts payable and accounts receivable functions, for the real estate investments and development company and its subsidiaries
- Prepares and submits all construction and development related pay applications in coordination with the construction/development managers
Responsibilities For Senior Real Estate Accountant Resume
- Reviews externally prepared monthly property management financial reports and then submits them to the property investors
- Interfaces with outside audit and tax firms for annual corporate audit and preparation of certain tax returns
- Prepares annual budgets for the real estate development company and certain subsidiaries
- CPA or MBA preferable
- Single family rental
- Manage all accounting activities to ensure compliance with GAAP, company policies, manage and oversee accounts payable, accounts receivable, payroll and all financial activities associated with the business. This includes General Ledger, JE’s, inter-company reconciliations, account reconciliations, financial reporting, loan compliance, monthly and annual reporting, and budgets