Palms Associates, LLC · 1 hour ago
Tax and Financial Accountant– On-Site | Virginia Beach, VA
Palms Associates, LLC is a long-standing developer, owner, and manager of high-quality commercial and multifamily properties throughout the Southeast, seeking a Tax and Financial Accountant to join their collaborative accounting team in Virginia Beach, VA. This role involves managing tax compliance, financial reporting, and analytical functions, combining technical tax expertise with strong financial skills to support data-driven decision-making.
Asset ManagementConstructionProperty ManagementReal Estate
Responsibilities
Prepare and file federal, state, and local tax returns, including income, sales, and property taxes
Maintain accurate tax records and documentation to support audits and compliance reviews
Monitor changes in tax legislation and assess their impact on company operations and entities
Coordinate with external tax advisors and auditors to ensure timely and accurate filings
Analyze tax implications of business transactions, property acquisitions/dispositions, and entity structures
Assist in developing tax strategies to minimize risk and optimize financial performance
Oversee general ledger activities, including journal entries, reconciliations, and month-end close processes
Prepare and analyze financial statements in accordance with GAAP
Reconcile bank accounts, credit card statements, and escrow accounts
Maintain fixed asset schedules and depreciation records
Assist in budgeting, forecasting, and variance analysis
Analyze monthly, quarterly, and annual financial results and provide insights on trends and performance
Collaborate with property and regional managers to ensure accurate and timely financial reporting for each property
Support financial modeling and investment analysis for acquisitions, refinancing, and capital projects
Prepare executive-level financial summaries and reports to support strategic decision-making
Ensure adherence to GAAP, company policies, and internal control procedures
Support financial and tax audits and assist in implementing recommendations for process improvements
Assist in maintaining and documenting accounting policies and internal control procedures
Support system upgrades or implementations related to accounting, reporting, and tax compliance
Qualification
Required
Bachelor's degree in accounting, finance, or related field
CPA or CPA candidate preferred
Tax experience in public accounting
4+ years of experience in accounting, tax, or financial analysis—preferably in real estate or property management
Strong understanding of GAAP, federal and state tax laws, and real estate accounting practices
Proficiency in accounting software (Yardi experience a plus) and advanced Excel modeling skills
Excellent analytical, organizational, and communication skills
Ability to work independently, manage multiple priorities, and meet deadlines
Benefits
Career development
Health/Vision/Dental/Life/Disability Insurance, Flex Spending, HSA
Excellent PTO
Wellness day off and additional floating holiday
Community service day off
Housing discount
$1,000/$1,500 contribution to Health Savings Account (HSA)
401k 4% match; historically 6% profit sharing, all immediately vested to you!
Company
Palms Associates, LLC
From its start as a single-family home developer in the 1950s, privately-owned Palms Associates, LLC has grown and diversified to become a respected leader in the development, construction, property management, and asset management of multifamily rental communities, retail centers, and commercial office properties throughout the Southeast.