Portfolio Accountant (Real Estate)

TL;DR

Portfolio Accountant (Real Estate): Preparing financial reporting for corporate and residential land development portfolios with an accent on month-end closing and account reconciliation. Focus on producing accurate financial statements, ensuring GAAP compliance, and optimizing data management across entities.

Location: Hybrid in Boston (Office presence required Tuesday, Wednesday, and Thursday)

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.

What you will do

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

Requirements

• Bachelor’s degree in accounting, finance, or a related field.
• 3-5 years of accounting experience, with 1-3 years specifically in portfolio or asset management.
• Strong professional understanding of GAAP standards.
• Advanced Excel proficiency (pivot tables, VLOOKUP).
• Experience with Sage and TimberScan software.

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 per year.
• Flexible work arrangement with remote days on Mondays and Fridays.