The Community Builders, Inc. · 9 hours ago
Real Estate Accountant
Boston, MA
Full-time
Hybrid
Mid, Senior Level
$80K/yr - $90K/yr
3+ years expThe Community Builders, Inc. is one of America's leading nonprofit real estate developers and owners, focused on strengthening neighborhoods across the nation. The Real Estate Accountant will manage and analyze financial matters for a portfolio of properties, ensuring accuracy in accounting and providing timely financial information to both internal departments and external clients.
ConstructionProperty ManagementReal Estate
Responsibilities
Manage, analyze and audit all aspects of the general ledger to ensure accuracy of transactions and investigate and resolve any and all discrepancies with property management staff, if necessary
Prepare and enter journal entries to the general ledger as needed
Review and update recurring journal entries on a monthly basis for accuracy prior to posting to general ledger
Analyze monthly GAAP financial statements, and prepare all supporting schedules as required
Performs daily and/or monthly cash management responsibilities, including wire transfers, cash projections and weekly priority selection of invoices
Calculates and processes for payment the monthly management and accounting fees
Processes the monthly mortgage, escrow payments and other recurring payables
Responsible for paying the Real Estate Taxes and Insurance for assigned portfolio
Each month monitors security deposit cash and ensures that all accounts are fully funded
Prepare monthly bank statement reconciliations and resolve all reconciling items in a timely manner
Review coding of invoices to fixed asset accounts to verify they are legitimate capital items
Analyze and true up, on a monthly basis, all prepaid expenses and monthly operating accruals for assigned properties
Audit and ensure accuracy of various subsidiary reports and reconcile to general ledger, such as Rent Roll, AP Aging, Open Status Report, and Security Deposit Ledger for assigned portfolio
Serve as a resource and assist with preparation of portfolio annual budgets
Prepare interim and annual audit work paper package for year-end external audits
Provide Project Managers, Portfolio Managers, Regional Managers and all TCB personnel and external clients with the highest level of service
Perform other duties as assigned
Qualification
Required
Full cycle accounting role for a portfolio of properties requiring analyzing and reporting on all accounting matters
Serve as the financial expert and primary facilitator of all financial matters providing accurate and timely financial information to internal departments and external clients
Manage, analyze and audit all aspects of the general ledger to ensure accuracy of transactions and investigate and resolve any and all discrepancies with property management staff, if necessary
Prepare and enter journal entries to the general ledger as needed
Review and update recurring journal entries on a monthly basis for accuracy prior to posting to general ledger
Analyze monthly GAAP financial statements, and prepare all supporting schedules as required
Performs daily and/or monthly cash management responsibilities, including wire transfers, cash projections and weekly priority selection of invoices
Calculates and processes for payment the monthly management and accounting fees
Processes the monthly mortgage, escrow payments and other recurring payables
Responsible for paying the Real Estate Taxes and Insurance for assigned portfolio
Each month monitors security deposit cash and ensures that all accounts are fully funded
Prepare monthly bank statement reconciliations and resolve all reconciling items in a timely manner
Review coding of invoices to fixed asset accounts to verify they are legitimate capital items
Analyze and true up, on a monthly basis, all prepaid expenses and monthly operating accruals for assigned properties
Audit and ensure accuracy of various subsidiary reports and reconcile to general ledger, such as Rent Roll, AP Aging, Open Status Report, and Security Deposit Ledger for assigned portfolio
Serve as a resource and assist with preparation of portfolio annual budgets
Prepare interim and annual audit work paper package for year-end external audits
Provide Project Managers, Portfolio Managers, Regional Managers and all TCB personnel and external clients with the highest level of service
Perform other duties as assigned
Solid computer skills with proficiency in MS Excel required
Experience with Property Management accounting software necessary
Proven organizational skills with ability to set priorities manage multiple projects and meet deadlines
Self-starter capable of finding solutions with minimal supervision
Ability to interact with co-workers, site staff or vendors in an articulate, courteous and business-like manner at all times
Ability to work under pressure
Ability to work independently, as well as part of a team
Adaptability to changing demands
Effective problem-solving skills
Ability to multitask
Strong communication skills, written and oral, as well as solid interpersonal skills
Preferred
BA/BS degree in Accounting or related field
A minimum of 3 to 5 years of Residential Real Estate accounting experience
Previous accounting experience in affordable housing settings
Benefits
Medical, dental, and vision insurance
12 Paid Holidays & tenure-based PTO accruals
Employer contributions to Health Savings Accounts
Company paid Life & Disability Insurance
403(b) retirement plan with company match
Tax-advantage accounts: commuter/parking, medical & dependent care FSA
Hospital & Critical Illness Insurance
Confidential, 24/7 Employee Assistance Program
Company
The Community Builders, Inc.
The Community Builders, Inc. (TCB) is a leading nonprofit developer of mixed-income housing in the United States.
501-1000 employees
H1B Sponsorship
The Community Builders, Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (2)
2023 (1)
2020 (2)
Funding
Current Stage
Late StageTotal Funding
$9.52MKey Investors
Community Development Financial Institutions FundCiti FoundationTD Bank
2024-10-23Grant· $4.5M
2024-09-24Grant· $0.5M
2024-03-05Grant· $1M
Leadership Team
Bart Mitchell
President & CEO
Morgan Wilson
Chief Financial Officer
Recent News
2025-11-07
EIN Presswire
2025-04-29
Seattle TechFlash
2025-04-15
Company data provided by crunchbase