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Manila Recruitment

Accountant - Commercial Real Estate (remote)- #35261

Posted 3 hours ago
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We are seeking an experienced, licensed Chartered Accountant to join our team as a Commercial Real Estate Accountant. This is a fully remote position based in the Philippines, requiring the candidate to work Central US Time hours in order to collaborate closely with our Houston-based finance team, property managers, and investors. The ideal candidate brings at least 10 years of hands-on commercial real estate accounting experience gained at a medium to large U.S. company, with deep expertise in financial reporting, property accounting, and investor reporting across retail, multifamily, industrial, and land assets.

• Prepare and review monthly, quarterly, and annual financial statements for a portfolio of commercial real estate properties in accordance with US GAAP.

• Manage full-cycle property accounting, including general ledger maintenance, accruals, reconciliations, and month-end/year-end close processes.

• Prepare and distribute timely, accurate investor reporting packages, including financial statements, distribution calculations, and supporting schedules.

• Maintain and reconcile CAM (Common Area Maintenance) reconciliations, tenant billings, and lease abstraction/administration as needed.

• Analyze property-level financial performance, including budget-to-actual variance analysis, and provide insights to property management and ownership.

• Ensure accurate and timely recording of transactions within property management software (Yardi, MRI, or similar), including chart of accounts maintenance and intercompany transactions across retail, multifamily, industrial, and land assets.

• Support annual budgeting, forecasting, and audit processes, including preparation of audit schedules and liaising with external auditors.

• Partner with asset managers, property managers, and the corporate accounting team to ensure accuracy and consistency of financial data across the portfolio.

• Assist with cash management, including bank reconciliations and cash flow reporting for assigned properties.

• Identify and implement process improvements to enhance the accuracy, efficiency, and timeliness of financial and investor reporting.

Requirements

·        Licensed Certified Public Accountant (CPA) or Chartered Accountant (CA) in good standing

·        Minimum of 5 years of relevant accounting experience, with strong commercial real estate accounting experience

·        Direct US Commercial Real Estate (CRE) accounting experience, with hands-on experience supporting US-based commercial real estate properties or portfolios

·        Strong end-to-end property accounting experience, including AP, AR, general ledger, accruals, reconciliations, month-end/year-end close, and financial statement preparation

·        Hands-on experience with Yardi, MRI, or a comparable property accounting platform, with the ability to navigate and manage day-to-day accounting activities, including AP, AR, financial statements, and tax reporting

·        Strong working knowledge of US GAAP and US commercial real estate accounting practices, including CAM reconciliations, lease accounting, straight-line rent, tenant billing, and related property accounting processes

·        Experience supporting US-based commercial real estate clients, properties, or portfolios, whether through a US-based company, real estate organization, or offshore/BPO environment servicing US CRE clients

·        Ability and willingness to work Central US Time hours to closely support the US-based team.

·        Strong written and verbal English communication skills, with the ability to work directly with US-based stakeholders

·        Strong analytical, organizational, and time-management skills with a high level of attention to detail and accuracy

·        Proven ability to work independently in a remote, deadline-driven environment

Advantageous Skills/Experience:

·        Experience working directly for a US-based commercial real estate company

·        Experience with urban retail properties

·        Experience across multiple CRE asset classes, including multifamily, industrial, and land

·        Prior experience working remotely for a US-based organization

·        Experience supporting institutional or private equity real estate ownership structures

·        Experience with financial reporting and BI tools such as Power BI, Yardi Report Writer, or similar platforms

·        Advanced Microsoft Excel skills, particularly with large datasets, financial analysis, and complex reconciliations

·        Experience identifying and implementing accounting process improvements

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