Real Estate Accountant VA

A senior real estate accountant who handles property-level and entity-level accounting for owners, developers and property managers, from rent rolls and CAM reconciliations to construction draws and investor reporting, so every asset's numbers are current and defensible.

Description

A Real Estate Accountant VA manages property-level and entity-level accounting for owners, developers and property managers. They can handle rent rolls, tenant ledgers, CAM reconciliations, construction draws, investor reporting and property budgets while maintaining accurate books for individual assets. Outsource Teams provides top 1% vetted talent with specialist property accounting experience, no lock-in contracts and a replacement guarantee.

Responsibilities

  • Maintain property-level books for each asset, including rent, recoveries, operating expenses and capital projects.
  • Reconcile rent rolls, tenant ledgers and security deposits to the general ledger monthly.
  • Prepare common area maintenance, tax and insurance reconciliations and tenant true-up statements.
  • Process construction draws, lien waivers and job cost tracking for development projects.
  • Prepare investor and lender reporting packs, including distributions and debt covenant calculations.
  • Record acquisitions, disposals, refinancings and depreciation with the correct cost basis.
  • Reconcile property management trust accounts and owner statements.
  • Prepare budgets and reforecasts for each property with the asset manager.
  • Support tax workpapers, 1031 exchange tracking and cost segregation studies for the client's tax adviser.
  • Review lease abstracts for escalations, options and recovery terms that affect billing.

Software & Tools

Xero PropertyMe MYOB Console Cloud Microsoft Excel QuickBooks AppFolio Buildium

Requirements

  • 5 or more years of real estate or property accounting experience across commercial, residential or development portfolios.
  • Proficient in Yardi, AppFolio, MRI, RealPage or Buildium, plus QuickBooks Online or Sage Intacct.
  • Understands lease accounting, CAM reconciliations, percentage rent and waterfall distributions.
  • Advanced Excel for waterfall models, draw schedules and portfolio reporting.
  • Degree in Accountancy; CPA qualification preferred.
  • Communicates clearly in English with property managers, investors and lenders.
  • Home setup with fast, reliable internet and backup power, available through the client's business hours for month-end and draw deadlines.

Frequently Asked Questions

What property accounting can they manage?

They can maintain property books, reconcile rent rolls and tenant ledgers, prepare CAM and insurance reconciliations and manage construction draw accounting.

Can they prepare investor and lender reporting?

Yes. They can prepare reporting packs covering distributions, debt covenants, budgets and property-level financial performance.

What systems can they use?

They can work with Xero, PropertyMe, MYOB, Console Cloud, Microsoft Excel, QuickBooks, AppFolio and Buildium.

How experienced are the candidates?

Candidates are expected to have at least five years of property accounting experience across commercial, residential or development portfolios. Accounting & Finance VAs Listin…

How much does it cost?

Rates are listed in USD at $9 per hour for entry-level talent, $12 per hour for intermediate and $15 per hour for senior talent. Both full-time and part-time options are available.

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