Real Estate Accounting Manager

Real Estate Accounting Manager

Join a team that powers communities and builds careers. Davis H. Elliot Company Inc. is a 100% Employee-Owned company committed to excellence through continuous improvement in Safety Quality and Productivity for the benefit of our employee-owners customers and suppliers. Since 1946 Elliot has built a reputation as a trusted leader in engineering energy delivery technical services and technology solutions. When you join Elliot youre more than an employee youre an owner with the opportunity to grow your career make a meaningful impact and share in our success.

Snapshot:

Davis H. Elliot Company Inc. is seeking a Real Estate Accounting Manager to oversee the accounting financial reporting property accounting lease administration and investor accounting activities for the companys real estate portfolio. This role is responsible for ensuring accurate financial reporting managing tenant and investor accounting processes supporting budgeting and forecasting efforts and maintaining compliance with accounting standards and company policies. The ideal candidate is a detail-oriented accounting professional with strong leadership skills real estate accounting experience and the ability to partner effectively with stakeholders across the organization.

Overview:

The Real Estate Accounting Manager serves as a key financial leader responsible for the accounting and reporting functions of the companys real estate entities and investments. This position partners with executive leadership operations teams tenants investors and internal departments to provide accurate financial information support strategic decision-making and ensure strong financial controls. The role oversees property accounting lease administration investor reporting budgeting and compliance while identifying opportunities to improve efficiency and scalability across accounting processes.

A Day in the Life:

• Lead monthly close activities for real estate entities and properties.
• Review and analyze financial statements account reconciliations and supporting schedules to ensure accuracy and completeness.
• Ensure proper accounting treatment for real estate transactions acquisitions dispositions financing activities capital projects and fixed assets.
• Prepare and review property-level financial reporting packages and management reports.
• Assist with annual budgeting forecasting and long-range financial planning initiatives.
• Manage tenant billing cash applications accounts receivable and collection activities.
• Administer lease agreements and monitor compliance with lease terms rent escalations renewals and security deposits.
• Oversee NNN and other tenant-recoverable expenses including billings reconciliations and year-end true-ups.
• Maintain property accounting records and schedules related to rental income tenant receivables lease activity and operating expenses.
• Manage intercompany property transactions allocations reconciliations and eliminations.
• Oversee monthly rental income distributions and supporting calculations for minority investors.
• Maintain investor ownership records capital account activity and distribution schedules.
• Prepare and distribute periodic investor reporting packages.
• Respond to investor inquiries and collaborate with internal teams regarding reporting and compliance requirements.
• Support audit requests tax reporting activities and regulatory compliance initiatives.
• Evaluate accounting processes and implement improvements that increase efficiency accuracy and scalability.
• Collaborate with leadership and operational teams to support business objectives and strategic growth initiatives.
• Perform other duties as assigned.
  
  

  Qualifications & Skills:

• 7 years of progressive accounting experience including leadership responsibilities.
• Experience in commercial real estate property accounting real estate investment accounting or a related field.
• Strong knowledge of GAAP financial reporting and general ledger accounting.
• Experience managing financial close processes budgeting forecasting and financial analysis.
• Advanced proficiency in Microsoft Excel and financial reporting systems.
• Strong analytical organizational and problem-solving skills.
• Excellent communication relationship-building and stakeholder management abilities.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Bachelors degree in Accounting Finance or a related field or equivalent combination of education and experience.
• CPA designation is beneficial.
• Experience with property management and real estate accounting software is beneficial.
• Experience within a multi-entity accounting environment is beneficial.
• Experience with lease accounting and investor reporting is beneficial.
• Strong desire to learn develop and grow within a dynamic organization.

Benefits & Culture:

Our success is based on our customers confidence in us our peoples loyalty hard work and performance and the traditions with which Mr. Davis H. Elliot began the company in 1946. We know that strong teams are built by fostering a culture of respect collaboration and shared success. Some of the benefits we offer our team include:

• Medical Dental Vision Insurance
• Short-Term Disability and Long-Term Disability Insurance
• Company Paid Life Insurance w/ additional Voluntary Life Insurance
• 401K w/ company match
• Employee Stock Ownership Program
• Paid Vacation
• Servant Leadership Training