Portfolio Accountant (Real Estate)

TL;DR

Portfolio Accountant (Real Estate): Preparing financial reporting for corporate and residential land development/build-to-rent projects with an accent on month-end close and portfolio accounting. Focus on account reconciliation, GAAP compliance, and coordinating audits for real estate investments.

Location: Hybrid in Boston (Tuesdays, Wednesdays, and Thursdays in office)

Salary: $85,000–$100,000 base plus 15% annual bonus

Company

A real estate investment and development firm specializing in residential communities with unique amenities globally.

What you will do

• Manage the general ledger by recording, verifying, and consolidating financial transactions for assigned portfolios.
• Prepare comprehensive financial statements and reporting packages, including balance sheets, income sheets, and cash flow statements.
• Lead month-end, quarterly, and year-end closing procedures to ensure timeliness of financial reporting.
• Coordinate portfolio and JV audits with external auditors, investors, and partners.
• Collaborate with Acquisitions, Asset Management, Operations, and Legal teams to incorporate insights into accurate financials.
• Maintain cash balances, compile weekly cash reports, and process annual 1099s.

Requirements

• Bachelor’s degree in accounting, finance, or a related field.
• 3–5 years of accounting experience, including 1–3 years in portfolio or asset management (real estate development preferred).
• Must be based in or able to work in Boston (Hybrid: Tue/Wed/Thu in office).
• Strong understanding of GAAP standards.
• Advanced Excel skills, including pivot tables and VLOOKUP.
• Proficiency in Sage and TimberScan.

Culture & Benefits

• Comprehensive health benefits including medical, dental, and vision.
• 401k retirement program.
• Generous time off: 15 federal holidays, 2-3 floating holidays, and 15 days of PTO.
• 5 paid sick days.
• Hybrid work flexibility with remote days on Mondays and Fridays.