Senior Accountant – Real Estate & Fund Accounting

Position Summary

The Senior Accountant is responsible for the oversight and review of real estate property-level financial statements and fund accounting activities. This role ensures accurate and timely financial reporting in accordance with U.S. GAAP, internal policies, and applicable legal and partnership agreements, and serves as a key reviewer within the monthly and quarterly close process.

Key Responsibilities

Financial Statement Oversight

• Review monthly property financial statements, including balance sheets, income statements, cash flow statements, and supporting schedules.
• Analyze results, investigate variances, and coordinate with property managers and internal teams to resolve discrepancies.
• Coordinate and validate financial data used in investment, investor, and internal reporting processes, including valuation and performance reporting.
• Review bank reconciliations, cash activity, and construction draw activity to ensure accuracy and proper documentation.
• Act as a key point of contact for assigned properties or investments, maintaining an understanding of underlying transactions, budgets, and agreements to ensure accurate financial reporting.
• Support accounting audits by assembling required documentation and coordinating with auditors and internal stakeholders for property-level audits.

Audit & Compliance

• Prepare and review audit schedules and supporting documentation.
• Review annual property audits and tax returns and support resolution of auditor and tax preparer inquiries.
• Ensure compliance with partnership agreements, loan documents, and internal control requirements.

Process Improvement & Collaboration

• Assist with development and implementation of accounting process improvements.
• Collaborate with asset management, investor relations, development, and property management teams on financial reporting matters.
• Participate in special projects and other accounting initiatives as assigned.

Other Duties and Responsibilities:

• Maintain familiarity with company accounting systems, policies, and procedures, ensuring consistent and accurate application in daily responsibilities.
• Support the implementation and continuous improvement of accounting procedures, internal controls, and reporting processes across both corporate and property-level accounting functions.
• Assist in the development and enhancement of accounting workflows, with a focus on improving efficiency, accuracy, and scalability of financial operations.
• Represent the company at industry organizations and external events, as appropriate.
• Attend and actively contribute to internal staff meetings and team discussions.
• Opportunity to assist Fund Controller with various monthly and quarterly fund accounting tasks.
• Strict adherence to the terms and provisions as detailed in National’s Employee Handbook.
• Complete compliance with National’s Regulatory Compliance Manual, Code of Ethics and underlying compliance policies and procedures.
• Must demonstrate commitment to National’s pragmatic stewardship approach in daily business activities, including meeting our overarching fiduciary responsibilities and whenever feasible, incorporating energy and resource conservation practices to produce more profitable results for our clients.
• Perform other duties as assigned.

Qualifications:

• Bachelor’s degree in accounting or related field required.
• Minimum five (5) years of progressive accounting experience; real estate or property accounting experience strongly preferred.
• Strong knowledge of U.S. GAAP and financial statement review.
• Experience supporting financial statement audits.
• Advanced proficiency in Microsoft Excel and experience with accounting systems, accounting databases is required.
• CPA preferred.
• Strong analytical skills, attention to detail, and ability to manage multiple priorities in a deadline-driven environment.
• Demonstrated experience working in an environment with real estate related legal documents (i.e., JV agreements, property management agreements, etc.) effectively performing complex accounting transactions, with the ability to concisely articulate the purpose.
• Must act ethically, be highly detailed and possess excellent accounting, time management and interpersonal skills to be able to interact professionally and collaboratively with colleagues in all internal and external departments and multitask in a fast-paced, deadline driven, complex working environment.
• This position requires applicants to be authorized to work in the United States.

Work Environment:

• This job primarily operates in a clerical, office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers and filing cabinets. This is a largely a sedentary role; however, some filing is required, which would require the ability to lift files, open filing cabinets and bend or stand on a stool as necessary.
• Periodic domestic overnight travel may be required on an as needed project-specific basis to attend meetings, complete research, and participate in other special events.

The work environment and physical demand characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This job description in no way states or implies that these are the only duties to be performed by this employee. This description reflects management’s assignment of essential functions and nothing in this herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time. The employee in this position will be required to follow any other instructions and to perform any other duties requested by his or her supervisor.

In order to provide equal employment and advancement opportunities to all individuals, employment decisions at National will be based on merit, qualifications, and abilities. National does not discriminate in employment opportunities or practices on the basis of race, color, religion, sex, national origin, age, disability, or any other characteristic protected by law.