Prepare, examine, and analyze financial statements, including balance sheets, income statements, and cash flow reports.
Maintain accurate financial records for all transactions related to real estate sales, leasing, and property management.
Monitor cash flow, revenue streams, and expenses for various properties and projects.
Provide monthly, quarterly, and yearly financial reports to the management team.
Accounts Payable & Receivable:
Oversee accounts payable and receivable processes, ensuring timely payment of invoices and collection of receivables.
Process payments for vendors, contractors, and service providers in accordance with company policies.
Reconcile bank statements and maintain detailed transaction records.
Commission & Payroll Management:
Calculate and process commissions for real estate agents based on sales and leasing transactions.
Manage payroll for employees, ensuring accurate
deductions for taxes, benefits, and retirement plans.
Compliance & Auditing:
Ensure compliance with state and federal tax regulations, as well as local real estate laws.
Prepare and submit tax filings, including VAT, GST, or other applicable taxes.
Assist in the preparation of audits and liaise with external auditors for financial reviews.
Client Fund Management:
Manage escrow accounts and ensure that client funds are handled in accordance with legal and regulatory requirements.
Track deposits, withdrawals, and ensure the integrity of client funds during real estate transactions.
Liaison with Brokers and Agents:
Work closely with real estate brokers and agents to resolve commission-related issues and provide financial insights into their transactions.
Act as a resource for agents regarding financial procedures and tax-related questions.
RequirementsEducation: Bachelor’s degree in Accounting, Finance, or related field. Experience: Minimum of 3-5 years of experience in accounting, with prior experience in the real estate or brokerage industry being an advantage. Certifications: Accounting certification preferred but not mandatory. Technical Skills: Proficiency in accounting software (e.g., QuickBooks, Yardi, or specialized real estate software) and Microsoft Office Suite (especially Excel). Knowledge: Strong understanding of real estate transactions, escrow, commissions, and tax regulations relevant to the real estate industry. Excellent attention to detail and accuracy. Strong analytical and problem-solving skills. Ability to manage multiple tasks and deadlines. Excellent communication and interpersonal skills. Ability to work collaboratively with different departments.
