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Commercial Real Estate Portfolio Accounting Manager: Hybrid Boston. $135-150K + 15% bonus.

$135k - $150k

ProPivotal

In this role, you're not "closing the books." You're owning the economics of commercial real estate. We are hiring an Accounting Manager for a newly created role on our commercial real estate accounting team. If your brain naturally goes to CAM reconciliations, JV waterfalls, lender covenants, tenant escalations, and audit footnotes, this is your lane. This is an opportunity with visibility across Accounting, Asset Management, Acquisitions, Tax, and Finance. Key Details Schedule: Hybrid (currently 3 days in office / 2 remote) Mondays and Wednesdays are mandatory in-office days Compensation: $135K-$150K base (depending on experience) Bonus: 15% discretionary Type: Full-time, exempt (direct hire) Benefits: Healthcare, Dental, Vision, 401(k), and more Why this job is awesome You'll own a portfolio of commercial properties across Funds and Joint Ventures You'll be the go-to for recoveries/CAM, escalations, caps/exclusions, base years, waterfalls, capital calls/distributions, loan/escrow draws, and covenant math You'll partner closely with 3rd-party property teams while keeping standards consistent You'll support acquisitions and dispositions from an accounting standpoint What you'll do Property accounting ownership Oversee and review 3rd-party property accounting for accuracy and consistency Review rent rolls, lease maintenance, cash management, and reporting packages Support annual budgets and quarterly reforecasts Review operating and tax escalations: annual estimates quarterly/annual reconciliations CAM cost pools, expense caps, exclusions, gross-ups, and base-year calculations Joint venture / fund accounting Comply with operating agreements and investor requirements Manage capital calls and distributions Calculate allocations and waterfalls Prepare combined/consolidated reporting when required Debt and compliance Mortgage payments and lender reporting DSCR and covenant calculations Loan-draw and escrow-draw packages Audit and financial statements Provide comprehensive audit support Prepare audited financial statements and footnotes (fair value and tax basis), as required Acquisitions and dispositions support Review diligence materials, settlement statements, prorations, credits, and estoppels Record opening entries and manage post-close true-ups Support dispositions including diligence responses, closing entries, gain/loss, and true-ups We will consider candidates from public accounting who supported real estate clients and can speak to CAM/tenant recoveries and property/JV mechanics. Not a fit if... This role is not ideal if your background is primarily: Residential-only property accounting with no CAM/recoveries and limited complex structures Corporate GL/month-end close only with no property/JV/debt compliance exposure AP-heavy roles without ownership of escalations, recoveries, audit packages, and lender reporting #J-18808-Ljbffr ProPivotal

Vacancy posted 2 days ago
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