What are the responsibilities and job description for the Staff, Portfolio Accountant position at The RMR Group?
Overview
We are seeking a highly motivated and detail-oriented Staff, Portfolio Accountant to join our REIT Portfolio Accounting team. You will collaborate closely with internal departments and external auditors to ensure accurate, timely, and compliant financial reporting. This is a high-impact role with visibility across the organization and opportunities to lead process improvements.
Responsibilities
- Prepare, analyze, and deliver monthly, quarterly, and annual GAAP-based financial reports and supporting workpapers.
- Maintain and reconcile general ledger accounts; prepare and review journal entries.
- Coordinate with asset management team to ensure appropriate accounting of full cycle of loan investments, including origination, monthly reporting, funding advances, loan modifications and repayments.
- Support the preparation of SEC filings and related public disclosures for a publicly traded REIT.
- Coordinate with external auditors during quarterly and annual procedures.
- Monitor and ensure compliance with debt covenants and other financial reporting requirements.
- Maintain and update cash forecasts; monitor liquidity and funding needs.
- Calculate and facilitate the payment of business management fees to RMR.
- Review and code corporate payables for assigned portfolios.
- Cross-train on other portfolios and provide support across the department as needed.
- Lead or participate in special projects and strategic initiatives as assigned by senior management.
- Continuously identify and implement process improvements to enhance efficiency and accuracy.
Qualifications
- Bachelor’s degree in Accounting, Finance, or Business Administration.
- CPA or progress toward CPA strongly preferred.
- 1-3 years of accounting experience, preferably with loan investments, real estate, REITs, or public accounting.
- Proficiency with accounting software; Yardi experience preferred.
- Advanced Excel skills and proficiency in Microsoft Office Suite.
- Experience with SEC reporting tools (e.g., Workiva) is a plus.
- Strong analytical and problem-solving skills with a continuous improvement mindset.
- Excellent organizational, verbal, and written communication skills.
- Ability to manage multiple priorities in a fast-paced, collaborative, and results-driven environment.
- High attention to detail and commitment to accuracy and timeliness.
Total Rewards
The RMR Group offers an extensive total rewards package to ensure that your benefits align with your needs. Employees who work at least 21 hours per week are eligible to participate in The RMR Group’s benefits plans, including:
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life & Disability Insurance
- Health Savings Account (HSA) & Flexible Spending Plans (FSA)
- 401(k) Plan with Employer Match
- Holidays, Vacation & Sick Time
- Parental Leave
- Tuition Assistance
- Matching Gift Program
- Wide Array of Voluntary, Employee-Paid Benefits to choose from including Critical Illness & Accident Insurance, Identity Theft Protection & Pet Insurance
The estimated base compensation range for this position is $70,000 to $90,000 per year. RMR considers several components including an individual's skills, qualifications, experience, internal equity, and market data.
Company Overview
The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is strengthened by nearly 900 real estate professionals in more than 30 offices nationwide who manage approximately $40 billion in assets under management and leverage more than 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of real estate strategies across its clients. RMR has been recognized by The Boston Globe as a “Top Place to Work”, by the Environmental Protection Agency (EPA) as an “ENERGY STAR Partner of the Year” and ranked by the Building Owners and Managers Association (BOMA) as having one of the highest number of BOMA 360 designated properties in its portfolio. RMR is headquartered in Newton, MA and was founded in 1986.
RMR’s mission is to create long term value for our clients by managing their investments and assets “like we own it” – an approach that consistently and repeatedly generates opportunities for all our employees, investors and stakeholders. We are guided by six core values:
- Integrity at Our Core.
- Perform Passionately and Effectively.
- Inspired Thinking.
- Like We Own It.
- Power of We.
- Mutual Respect.
Visit our website to learn more about what makes The RMR Group a rewarding place to build a career.
Follow RMR on LinkedIn and Instagram @thermrgroup.
The RMR Group is an equal opportunity employer. Qualified applications will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. For our EEO Policy Statement, please click here. If you’d like more information on your EEO rights under the law, please click here.