Real Estate Accountant

Real Estate Accountant Fayetteville, NC Job Details Full-time 21 hours ago Benefits Health insurance Dental insurance Paid time off Vision insurance Retirement plan Qualifications Accounting systems Financial close processing Financial data reconciliation GAAP Associate's degree Excel data analysis Full Job Description We are seeking a detail-oriented Real Estate Accountant to manage all bookkeeping for real estate companies, collect rents, track construction projects for clients, and oversee insurance management. The ideal candidate combines strong accounting discipline with a practical understanding of real estate operations, construction budgeting, and risk management. This role reports to the Finance Director and partners with property managers, construction teams, and leasing staff. Key Responsibilities Rent Collection & Tenant Accounting Process and apply all tenant payments (ACH, lockbox, wires, checks). Maintain accurate rent rolls and aging reports; follow up on delinquencies. Reconcile tenant deposits and lease-related accounts; prepare month-end rent-related entries. Construction Project Tracking Monitor project budgets, commitments, and forecasts; track actuals vs. budgets. Manage cost-to-complete analyses and capital expenditure tracking. Prepare and review draw requests, progress billings, change orders, and lien waivers. Ensure proper capitalization of construction costs and integration with fixed asset records. Insurance Management Maintain insurance schedules and certificates of insurance (COIs) for tenants and contractors. Track policy renewals, premiums, and coverage levels; liaise with brokers and property managers. Ensure leases and vendor requirements align with insurance obligations; escalate gaps as needed. Bookkeeping & Financial Reporting Perform monthly close: journal entries, account reconciliations, and general ledger maintenance. Manage accounts payable and accounts receivable processes; vendor management and 1099s. Prepare financial statements, variance analysis, and cash flow projections for owners and lenders. Maintain fixed asset register, depreciation, and impairment reviews. Lease & Financial Administration Support lease administration: rent escalations, operating expenses (CAM), master gross/net leases, and reporting. Assist with budgeting, forecasting, and annual audit preparation; respond to owner and auditor inquiries. Controls, Compliance & Process Improvement Maintain strong internal controls and data integrity across property entities. Continuously seek process improvements, system optimizations, and automation opportunities. Ensure compliance with GAAP and relevant real estate accounting standards. Collaboration Partner with property managers, construction managers, brokers, and lenders. Provide timely financial insights to support decision-making and operations. Qualifications Associates Degree in Accounting, Finance, or related field. 3+ years of accounting experience, preferably in real estate, property management, or construction accounting. Strong knowledge of GAAP and real estate accounting principles. Proficiency with accounting software (e.g., QuickBooks Online, Intacct) and construction/project management tools (Microsoft Project, or equivalent) Advanced Excel skills (lookups, pivot tables, dashboards). Experience with rent collection, banking reconciliations, AP/AR, and month-end close. Excellent attention to detail, organizational skills, and ability to manage multiple projects simultaneously. Effective communication skills for coordinating with internal teams and external vendors. Preferred Qualifications Undergraduate degree in Accounting. Experience with Intacct Accounting software a plus. Background in budgeting/forecasting and lender reporting. Knowledge of insurance policy terminology, COI management, and renewal workflows. Skills & Competencies Analytical thinking and problem-solving Time management and prioritization Strong written and verbal communication Attention to internal controls and audit readiness Ability to translate complex accounting data into actionable insights

Work Environment & Benefits Location:

Fayetteville, NC, Hybrid option available Employment type:

Full-time Benefits:

Comprehensive health/dental/vision, retirement plan, paid time off, professional development opportunities

Schedule:

Standard business hours with occasional peak periods during month-end close