Property Accounting Manager Job at ProPivotal in Boston

Property Accounting Manager

We’re seeking a Property Accounting Manager to take ownership of financial oversight for a portfolio of commercial real estate assets. This role blends hands‑on accounting with leadership responsibility—ensuring accurate reporting, maintaining compliance, and supporting cross‑functional teams in acquisitions, asset management, and finance. The ideal candidate is analytical, organized, and thrives in a fast‑paced environment where attention to detail and collaboration drive success.

Why This Job Is Awesome

• Competitive Compensation: Earn $130,000 – $140,000, plus a 15% annual discretionary bonus recognizing your contributions
• Comprehensive Benefits: Includes medical, dental, vision, and 401(k) to support your overall well‑being
• Balanced Work Schedule: Enjoy a hybrid setup—3 days in office and 2 remote—for flexibility and connection
• Career Growth & Impact: Gain deep exposure across funds, properties, and accounting operations while making a measurable impact

Key Responsibilities

• Lead full‑cycle property accounting for multiple commercial assets, ensuring accurate financial reporting, cash management, rent rolls, and lease data integrity
• Oversee and review third‑party accounting teams, validating monthly reports, reconciliations, and compliance with internal standards
• Prepare and analyze GAAP and tax‑basis financial statements, coordinate annual audits, and manage CAM reconciliations, expense caps, and escalation calculations
• Manage loan and joint venture accounting, including lender reporting, covenant tracking, capital calls, distributions, and waterfall allocations
• Partner cross‑functionally with Acquisitions and Dispositions teams on settlement reviews, closing entries, and post‑closing reconciliations, while providing ad‑hoc financial analysis for senior leadership

Required Experience

• 5+ years of property accounting experience in commercial real estate
• Background in funds or joint venture accounting preferred
• Experience preparing financial statements and supporting audits
• Strong working knowledge of tenant recoveries (CAM) and waterfall models
• Bachelor’s degree in Accounting or Business

Nice‑to‑Have Experience

• Public accounting background with real estate clients
• Familiarity with fair value GAAP, tax accounting, or IFRS
• Exposure to development or construction accounting and Taxable REIT Subsidiaries (TRS)
• Proficiency in MRI Software and Microsoft Office Suite

Required Skills (Top 3 Must‑Haves)

• Commercial Real Estate Accounting Expertise – Deep understanding of property‑level accounting and portfolio reporting
• Financial Reporting & Compliance – Skilled at preparing GAAP‑compliant financial statements and supporting audits
• Systems & Analytical Proficiency – Advanced Excel skills and experience with accounting systems (MRI preferred)

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.