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Senior Accountant

Our SelectLeaders client builds residential communities with unique, sought-after amenities . They have decades of experience deploying, preserving and growing capital in real estate investments and development opportunities throughout the world.


The Senior Accountant will prepare the financial reporting for corporate financial reporting, the portfolio of residential land development and build-to rent (BTR) projects. Lead the month end close process and  be responsible for the accounting process for the assigned portfolio of accounts, including account  reconciliation, processing invoices, review of accounts payment, intercompany accounting, audits, vendor  inquiries, possessing pay applications, reporting requirements and ad-hoc reporting. Collaborate with Acquisitions, Asset Management, Operations, Legal, and Property Management.





Key Responsibilities:
  • Financial Oversight: Ensure the accuracy and integrity of your portfolio and corporate financial records and reporting. 
  • Teamwork and Engagement: Build and maintain strong relationships with peers, vendors, financial  institutions, and auditors.  
  • Regulatory Compliance: Ensure compliance with accounting standards (GAAP, Tax Accounting, JV  operating agreements), company policies, and external regulatory standards. 
  • Continuous Improvement: Champion initiatives to enhance efficiency and streamline workflows, mentor  and support others, and contribute to the company goals and success. 
  • Maintain and Development Core Competencies: actively utilize and develop competencies to include  but not limited to: research skills, accuracy, organization and time management, initiative and sound  judgment, business acumen, and communication.


Position Responsibilities:
  • Maintain the general ledger by recording, verifying, and consolidating financial transactions.
  • Prepare comprehensive financial statements, reporting packages, including balance sheets, income  sheets, and cash flow statements, on a timely basis. 
  • Reconciles and analyzes various company General Ledgers and portfolio accounts.
  • Ensures appropriateness and correctness of recorded entries. 
  • Maintain the general ledger and portfolio accounts including but not limited to cash, accrued expenses,  debt and loan financing, accounts receivable and accounts payable.
  •  Process annual 1099’s. 
  • Assist in the preparation of monthly, quarterly, and annual financial support schedules. 
  • Reconcile bank statements and produce accurate bank reconciliation for portfolio.
  • Understand legal entity organization structure to ensure proper accounting procedures are applied at a  transactional level. 
  • Responsible for compiling weekly cash reports and maintenance of cash balances.
  • Coordinate with the Accounts Payable Manager for invoices needed to be processed for assigned  portfolios. This includes: vendor W9 administration, code and process invoices, weekly check runs in  accordance with approved capital calls, lien waiver compliance, expense allocations. 
  • Manage the month-end, quarterly, and year-end closing procedures.  
  • Prepare and calculation of management fees. 
  • Accountable for meeting the timeliness of monthly financial closing schedule.
  • Work closely and effectively with asset management, underwriting, marketing, operations, and legal teams  to incorporate their insights into accurate financials. 
  • Implement best practices for data management and ensure consistency in reporting across all entities.
  • Responsible for coordinating and preparing portfolio accounts, JV audits with external auditors, investors,  and partners.  
  • Maintains high level of confidentiality of information related to the investors, partners, owners, employees,  strategies, financials, compensation, vendors, and organization. 
  • Perform other duties and special projects as assigned by management.


Essential Skills, Experience, and Preferred Qualifications:
  • Bachelor’s degree in accounting, finance, or related field, or equivalent experience 
  • 4-7 years accounting experience, ideally with 1-3 years of portfolio or asset management industry accounting. Background in real estate development is preferred. 
  • Strong understanding of GAAP standards 
  • Advanced Excel skills (pivot tables, VLOOKUP etc.) 
  • Proficiency in Sage, TimberScan, MS-Outlook.  
  • Strong analytical skills with the ability to synthesize complex data and communicate insights clearly to  non-financial stakeholders. 
  • Excellent problem-solving skills, ability to think critically to make informed decisions and  recommendations.  
  • Proven ability to manage multiple projects and priorities in a fast-paced environment.
  • Strong organization skills and attention to detail. 
  • Excellent communication skills, both written and oral, with the ability to collaborate successfully with all levels of stakeholders.
  • Proactive individual, possess a strong work ethic, deadline orientated, and team player.


Salary Range/Benefits:
  • $90,000-$125,000 base plus annual bonus.
  • Health Benefits (Medical, Dental, Vision)
  • 401k program
  • 15 federal paid holidays per year, 2-3 floating holidays and 15 days of PTO.
  • 5 paid sick days.
  • Monthly Car and Cell Phone Allowance.


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Average salary estimate

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$90000K
$125000K

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What You Should Know About Senior Accountant, Bisnow

Join our dynamic team as a Senior Accountant at our esteemed client in Boston, who is known for building exceptional residential communities with sought-after amenities. With decades of expertise in deploying, preserving, and growing capital in real estate investments, this role is crucial to ensuring accurate financial reporting for both the corporate entity and the portfolio of residential land development as well as build-to-rent (BTR) projects. As a Senior Accountant, you'll lead the month-end close process and maintain the integrity of financial records while collaborating closely with acquisitions, asset management, operations, legal, and property management teams. Your responsibilities will include preparing comprehensive financial statements and reporting packages, managing account reconciliations, and ensuring compliance with GAAP and other regulatory standards. In addition, you will champion continuous improvement initiatives, mentor peers, and contribute to our organizational goals. If you're an organized, proactive professional who's passionate about real estate accounting and eager to enhance efficiency within a team-oriented environment, we can't wait to meet you!

Frequently Asked Questions (FAQs) for Senior Accountant Role at Bisnow
What are the key responsibilities of the Senior Accountant at this Boston company?

The Senior Accountant at our Boston client is primarily responsible for preparing financial reporting for corporate financials, maintaining the portfolio of residential land development, and managing the month-end close process. Other key duties include account reconciliation, processing invoices, handling intercompany accounting, and ensuring compliance with GAAP and tax regulations.

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What qualifications are required for the Senior Accountant position in Boston?

To qualify for the Senior Accountant role at our Boston company, candidates should possess a Bachelor's degree in accounting or finance, with 4-7 years of accounting experience, preferably in portfolio management or real estate development. Strong analytical skills, advanced Excel proficiency, and proficiency in accounting software like Sage or TimberScan are also required.

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What salary range is offered for the Senior Accountant role in Boston?

The salary range for the Senior Accountant position at our Boston-based client is between $90,000 and $125,000 annually, accompanied by an annual bonus. The role also provides robust health benefits and additional perks.

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What skills are essential for the Senior Accountant position at this Boston company?

Essential skills for the Senior Accountant role include a strong understanding of GAAP standards, advanced analytical and problem-solving abilities, along with excellent communication skills. Proficiency in managing multiple projects in a fast-paced environment is also critical for success.

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What benefits can one expect as a Senior Accountant in Boston?

As a Senior Accountant with our Boston client, you will enjoy a competitive salary alongside health benefits that include medical, dental, and vision. In addition, a 401k program, generous PTO policies, and other perks like monthly allowances for car and cell phone usage are available.

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Common Interview Questions for Senior Accountant
Can you describe your experience with GAAP standards as a Senior Accountant?

In my previous roles, I have extensively worked with GAAP standards to ensure compliance in all financial reports. I understand the nuances of these principles and can apply them effectively when preparing financial statements and during audits to maintain accuracy.

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How do you handle the month-end close process?

I prioritize organization during the month-end close process by setting clear deadlines and establishing checklists. I ensure all accounts are reconciled, entries are accurate, and I collaborate with cross-functional teams to collect necessary financial data promptly.

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What tools and software are you proficient in as a Senior Accountant?

I have a strong background utilizing accounting software such as Sage and TimberScan, along with advanced Excel skills including pivot tables and VLOOKUP. These tools allow me to analyze complex data effectively and streamline reporting processes.

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How do you ensure compliance with accounting regulations?

To ensure compliance, I stay updated on accounting standards and regulations. I conduct regular audits of our financial records, ensuring that our practices are aligned with GAAP and tax accounting standards, and I solicit feedback from auditors when necessary.

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Describe a time you improved a process related to financial reporting.

In my last position, I identified inefficiencies in our financial reporting workflow. I implemented standardized templates and automated data entry processes, which significantly reduced the time needed to produce monthly reports while enhancing data accuracy.

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How do you build relationships with vendors and financial institutions?

I prioritize communication and transparency in my interactions. I make it a point to meet regularly with vendors and financial institutions, to address their concerns, provide updates, and foster a collaborative relationship that benefits both parties.

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What strategies do you use to analyze complex financial data?

I employ a combination of advanced analytical techniques and clear communication. By breaking down data into manageable parts and using visualization tools, I can present insights to non-financial stakeholders in a way that's easy to understand while providing actionable recommendations.

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How do you manage tight deadlines while ensuring high-quality work?

I utilize effective time management techniques, such as prioritizing tasks and setting incremental deadlines. This approach helps me maintain focus on quality while producing deliverables under tight timelines.

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What is your approach to mentoring junior accountants?

I believe in leading by example and providing constructive feedback. I take the time to be available for questions, offer guidance on complex topics, and encourage junior accountants to take ownership of their tasks while supporting their professional growth.

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What do you consider the most challenging aspect of being a Senior Accountant?

One of the most challenging aspects is navigating the constantly changing regulatory landscape. To tackle this, I invest time in continuous education to ensure our practices remain compliant and to implement changes in processes proactively.

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Our mission is to inform, connect and advance the commercial real estate community to do more business. From events and news to marketing services, talent solutions and now DaaS, BISNOW reaches millions of all-digital readers as well as thousands ...

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DATE POSTED
April 20, 2025

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