What are the responsibilities and job description for the Real Estate Financial Accounting Associate position at ProPivotal?
Join a growing yetwell-established real estate investment and management firm with over 70 million square feet of industrial and logistics properties across 16 markets as a Real Estate Financial Accounting Associate. This is a newly created role due to continued growth and internal promotions, offering strong exposure to fund accounting and investor reporting in a collaborative, close knit team.
This is a great opportunity for a candidate with 1 to 3 years of real estate accounting experience. We have worked with this partner before and have had success getting new hires in the door who have since been promoted to more senior positions.
Key Details
Location and Work Arrangement: Hybrid (4 days on-site/ 1 remote) in Woburn, MA
Pay: $80,000 to $90,000 plus 10% bonus target
Benefits: Employer paid health, dental, and vision, plus 401k plus generous PTO
Why This Job is Awesome
You will own meaningful fund level accounting and reporting work with visibility into quarterly and annual investor deliverables. The team is known for being supportive, hands on, and focused on developing people as the business grows.
Responsibilities
Maintain the general ledger for assigned funds and maintain the cash ledger for additional funds
Prepare monthly account reconciliations and supporting workpapers
Manage fund level cash activity including monitoring balances and preparing and reviewing wires
Calculate and process management fees and reimbursable expenses and reconcile intercompany accounts
Support lender reporting deliverables
Prepare quarterly reviews and annual audited financial statements for investors across multiple funds
Perform quarterly fair value accounting for real estate and related investments and income items
Prepare investor capital statements and monthly or quarterly NAV statements
Assist with annual audits and tax related requests
Credentials
Bachelors degree in accounting
Required Qualifications
1 to 3 years of accounting experience, ideally property accounting or fund accounting within real estate
Experience with Yardi or similar property management and accounting software
Strong Excel and Microsoft Office skills
Comfortable working with a collaborative team and partnering across levels
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ProPivotal is an equal opportunity employer and considers qualified applicants for employment regardless of race, gender, gender identity, gender expression, age, color, religion, disability, veteran's status, sexual orientation, or any other protected factor.
Salary : $80,000 - $90,000