Real Estate Accounting Associate

Overview

Brief Description

Under the direction of the Real Estate Accounting Manager, the Real Estate Accountant is responsible for developing a strong understanding of Middleburg Communities’ properties, overseeing the performance of the properties, and executing the day-to-day accounting functions as required. The ideal candidate will bring an analytical mindset to forecasting, preparing, and analyzing property financial packages, as well as, preparing and reviewing reconciliations, journal entries, and various cash flow analyses. They will also have strong communication skills. The Real Estate Accountant participates in our Mission, lives by our Values, and promotes the Vision of Excellence.

Essential Duties And Responsibilities

General

• Develop a strong understanding of the systems and platforms required for accounting functions.
• Possess strong general ledger and reconciliation skills and serve as the primary contact providing expert matter advice to team members.
• Responsible for administering accounting systems, policies, and procedures.
• Supervise the preparation and completion of corporate and property financial statements and bank reconciliations accurately and timely; analyze data, draw conclusions, recommend changes, prepare and process journal entries, and compile financial statement packages.
• Oversee the performance of a portfolio of properties, closely monitor the team’s outputs, and ensure adherence to contracts.
• Prepare and process construction management fees and replacement reserves.
• Prepare and maintain complete, accurate and organized workpapers in accordance with departmental requirements and deadlines.
• Communicate with property manager counterparts to provide accurate and timely deliverables
• Prepare, review, and provide designated annual US GAAP audit requests for the properties.
• Manage ad-hoc projects and other duties as assigned.
  
  

Budgeting, Forecasting, and Cash Management

• Assist in planning long and short-term business objectives by actively participating in the budget process.
• Prepare and analyze the Company’s periodic cash position report for all properties.
• Prepare and analyze annual property budgets and periodic reforecasts as required.
• Assess corporate and property performance against budget while understanding and explaining significant variances.
• Initiate and/or review transfers/wires/ACHs and process stop payments on checks as required.
  
  

Requirements

Requirements

• A passion for excellence in customer service delivery.
• Completion of a Bachelor’s (or Master’s) degree in Business and/or Accounting.
• 2 years minimum overall experience.
• Excellent verbal and written English communication skills.
• Knowledge & experience analyzing financial statements variances, completing bank reconciliations, creating journal entries, and completing other account reconciliations.
• CPA or CPA candidate preferred.
  
  

Summary

What we can offer you-

• Great benefits- We offer comprehensive health and wellness benefits tailored to meet your needs. Choose from three medical plan options, including a company-funded HSA plan with 100% premium coverage for employees. We also provide subsidized options for additional family members, as well as dental and vision plan choices. Other benefits include paid time off, paid volunteer time, and company-paid holidays, a 401(k) match, employer-paid Life and AD&D insurance, and educational reimbursement to support your growth.
• A job that challenges you-Middleburg strives for excellence in knowledge, service, and integrity. Excellence in knowledge means that Middleburg recruits and trains top-notch Team Members who are experts in their field and who continue to improve their industry knowledge. Team Members work together to provide excellent customer service that exceeds customers' expectations.
• Great Culture- We embrace a culture of responsible leadership at all levels of our organization that encourages initiative to advance our mission and vision. We honor the dignity of all people, embrace differences, value new ideas, demonstrate empathy, and strive to promote a caring and supportive environment for all. Our team is building a better world, one community at a time.
• Remote Work – This position can be completely remote.
  
  

Who is Middleburg Communities?

At Middleburg Communities, we share a vision for greater value creation through community impact. Our success is rooted in a genuine desire to serve our local communities in thoughtful and holistic ways. By enhancing the lives of others, we contribute positively to neighborhoods and maximize real returns for our partners.

Middleburg is a fully integrated real estate investment, development, and construction firm focused on rental housing in high-growth markets across the southeastern United States. Since 2004, the company has acquired and developed over 22,000 apartment units, executing approximately $3 billion in transactions, and is one of the most active developers and builders of rental housing in the nation with approximately $1 billion in recurring annual development value.

https://middleburgcommunities.com/

Middleburg Communities is an equal-opportunity employer committed to diversity and inclusion. We welcome qualified applicants from a variety of backgrounds inclusive of their race, color, religion, sexual orientation, gender, gender identity, expression or orientation, genetic information, national origin, age, disability, or status as a disabled or Vietnam-era veteran.