Real Estate Accountant

About the position

The Real Estate Accountant is based out of Samet’s regional office in Greensboro, North Carolina, and maintains accurate, timely accounting for the company’s property portfolio. The role owns the monthly close for multifamily, education, healthcare, and commercial holdings, including property-level journal entries and reconciliations, and prepares financial statements used by leadership.

The position also handles tenant collections, annual Common Area Maintenance (CAM) reconciliations, and budgeting and forecasting. It supports accounts payable and year-end 1099 reporting, while contributing to cross-training, special projects, ad hoc reporting, and process improvements. Samet describes itself as a family-owned company with more than 60 years of history and offers structured development through Samet University and Builders Building Builders.

Responsibilities

• Prepare and post journal entries for the real estate portfolio accurately and on schedule.
• Review and approve team members’ journal entries for accuracy and completeness.
• Perform monthly balance sheet account reconciliations and review bank reconciliations.
• Prepare and review monthly property and portfolio financial statements.
• Manage accounts receivable and collections, including tenant collection efforts.
• Execute accounts payable functions, including vendor setup and W-9 management.
• Assist with annual Common Area Maintenance (CAM) reconciliations.
• Support annual budget preparation and forecasting for real estate holdings.
• Prepare 1099 forms for year-end reporting.
• Cross-train on accounting functions, support special projects and ad hoc reporting, and contribute to process improvement.

Requirements

• Bachelor’s degree in Accounting or a related field.
• Minimum of 3 years of relevant accounting experience.
• Intermediate to advanced proficiency with Microsoft Excel.
• Strong understanding of accounting principles and fundamentals, with analytical and problem-solving abilities.
• Strong attention to detail and accuracy, organizational skills, and time management skills.
• Ability to quickly learn and adapt to new software systems.
• Effective written and verbal communication skills.
• Ability to work independently and collaboratively.

Nice-to-haves

• Background in real estate and/or construction industry accounting.
• Experience with property management accounting and CAM reconciliations.
• Experience with MRI, Sage 300, Spreadsheet Server, or Bottomline systems.
• CPA candidate or pursuing professional certification.