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Real Estate Accountant

Salary
Competitive
Employment
Contract
Work Place
Remote
Real Estate Field
Location
 CT
Postal Code
06798
Country
United States

This job is no longer active.

Description


About Us:

JB Capital Management LLC has become one of the emerging owners, operators, and managers of real estate assets throughout the East Coast and Southeast. JB Capital's innovative and technology-enabled investment platform seeks to acquire and manage value-oriented real estate in dynamic markets. Since our inception, we have participated in more than $100M worth of transactions, spanning multiple asset classes and geographies, including urban multi-family, industrial, storage, and grocery-anchored shopping centers. We are a small team that is committed to fostering a community that feels supported and ready to take on big things! We are looking to bring on a Real Estate Accountant, part-time, who is experienced in Yardi and Quickbooks. 


Key Responsibilities, including but not limited to:

  •  Property Accounting:
    • Revenue & Expenses:  Managing rent charges, cash receipts, bad debt, accruals, and expenses.
    • Lease Administration:  Auditing lease set-up charges in the system and booking initial lease entries (deposits, rent charges, etc.).
    • OPEX Reconciliations:  True-up, set-up, and processing in the system.  Including CAP calculations and Base Year Rent-Stops
    • Capitalization and amortization of building and certain expenses.
    • Ensure compliance with 1031 exchanges and record transactions appropriately.
  • Business Accounting:
    • Managing accounts receivables and payables, including money owed to and from different entities.
    • Tracking of Assets, Liabilities, and Owner Equities.
    • Responsible for the accuracy of all ledgers, accounts, portfolios, and balance sheets.
    • Monthly Bank Reconciliations
    • Assisting in investor reporting and distributions.
    • Financial Reporting:  Preparing financial reports, including balance sheets, income statements, cash flow statements, and variance reports.
  • Tax Compliance:
    • Property Tax:  Records property tax accruals and/or amortization of property taxes.
    • Sales Tax:  Reviews monthly sales tax transactions and prepares required forms to submit to tax authorities accordingly. 
    • Tax Returns:  Assisting tax accountant with tax return preparation, including sales/use tax, personal property tax, and real property tax filings.
  • Other Duties:
    • Assisting in audits and bank requirements.
    • Providing recommendations for improving current practices.

Required Skills:

  • Bachelor’s degree in accounting or finance
  • Experience of at least 3-4 years with standard accounting concepts, practices, and procedures within the real estate industry.
  • Experience working with financial software, specifically Yardi Breeze and QuickBooks.
  • Proficiency in Microsoft Office Suite (Word, Excel, Outlook).
  • Able to communicate effectively and efficiently with team and partners.
  • Possesses analytical, problem-solving, and organizational skills.
  • Show tact, discretion, confidentiality, and sound judgment in handling sensitive and confidential matters and documentation.

Job Function


 
 

Experience


2+ to 5 years


This job is no longer active.

Accounting / Control Retail Contract CT Accounting / Control Real Estate Accountant other