Real Estate Accountant

Real Estate Accountant (Property & Investment Accounting)

Location: Miami, FL (On-Site)

Position Overview:

PineTree Asset Management, LLC is seeking a highly organized and detail-oriented Real Estate Accountant to manage both property-level and investment-level accounting functions. This role will primarily focus on property-level financial operations, ensuring accurate bookkeeping, reconciliations, and financial reporting. Additionally, the accountant will support investment-level accounting, including investor reporting and fund tracking.

The ideal candidate will have strong GAAP accounting experience, proficiency in real estate accounting software, and the ability to work independently while collaborating with internal teams.

Key Responsibilities

1. Property-Level Accounting

• General Ledger & Financial Reporting: Maintain and manage general ledger journal entries for multiple properties.
• Bank & Balance Sheet Reconciliation: Reconcile bank accounts, balance sheets, and financial statements to ensure accuracy.
• Accounts Payable: Process vendor invoices, utility bills, and operating expenses, ensuring timely payments and proper documentation.
• Accounts Receivable: Track and reconcile rental income, tenant payments, and delinquencies to ensure accurate reporting.
• Cash Flow Management: Monitor property cash balances and forecast cash flow needs.
• Mortgage, Tax & Insurance Payments: Ensure loan obligations, property taxes, and insurance premiums are paid on time.
• Budgeting & Variance Analysis: Assist in the preparation of annual property budgets, monitor financial performance, and track budget variances.
• Payroll Processing: Manage and process bi-weekly payroll for on-site property staff.
• Audit & Compliance Support: Maintain organized financial records to support internal audits, tax filings, and regulatory compliance.
• Technology & Process Improvement: Utilize accounting software (AppFolio/Yardi) to streamline processes, enhance efficiency, and improve financial reporting and bookkeeping procedures.

2. Investment-Level Accounting

• Assist with capital calls, investor contributions, and distributions.
• Track fund inflows and outflows to ensure accurate investor reporting.
• Work with the Controller on quarterly and annual financial statements for investment entities.
• Maintain compliance with fund accounting regulations, tax reporting, and investor statements.
• Utilize investment management software (Juniper Square, AppFolio Investment Management, or similar) to optimize processes and reporting.

Qualifications & Skills

• Bachelor’s degree in Accounting, Finance, or related field (or equivalent experience).
• 3 years of experience in property and/or investment accounting, preferably in real estate or property management.
• Proficiency in GAAP accounting, financial reporting, and reconciliations.
• Experience with property management accounting software (AppFolio, Yardi, RealPage, MRI) and investment management software (Juniper Square, AppFolio Investment Management, or similar).
• Advanced proficiency in Microsoft Excel.
• Strong knowledge of accounts payable, vendor management, and investor reporting.
• Ability to manage confidential information with discretion and integrity.
• Excellent analytical, problem-solving, and organizational skills.
• Strong communication skills, with the ability to work effectively with internal and external stakeholders.

Compensation & Benefits

• Competitive Base Salary commensurate with experience.
• Benefits: Health insurance, 401(k), PTO, and professional development opportunities.
• Career Growth: Opportunity to advance within a rapidly expanding real estate investment firm.