Commercial Real Estate Portfolio Accounting Manager: Hybrid Boston. $135150K + 15% bonus.

ProPivotal

Boston, MA

Apply

JOB DETAILS

SALARY

SKILLS

Accounting, Accounting Close, Accounts Payable, Acquisitions Management, Alliance/Partner Marketing, Asset Management, Auditing, Budgeting, CAD/CAM (Computer-Aided Design/Computer-Aided Manufacturing), Cash Management, Commercial Real Estate, Communication Skills, Economics, Escrow, Estate Management, Finance, Financial Audit, Financial Statements, Fund Accounting, Healthcare, Illustrating Ability, Investment Management, Loan Draw, Loans, Magnetic Resonance Imaging (MRI), Mathematics, Mortgage Lending, Portfolio Accounting, Public Accounting, Real Estate, Reconciliation, Rental Listings, Residential Real Estate, Telephone Skills

LOCATION

Boston, MA

POSTED

Today

In this role, youre not closing the books. Youre 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

Youll own a portfolio of commercial properties across Funds and Joint Ventures
Youll be the go-to for recoveries/CAM, escalations, caps/exclusions, base years, waterfalls, capital calls/distributions, loan/escrow draws, and covenant math
Youll partner closely with 3rd-party property teams while keeping standards consistent
Youll support acquisitions and dispositions from an accounting standpoint

What youll 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

Must-have Qualifications

5+ years of property accounting experience, with the majority in commercial real estate
Strong tenant recoveries / CAM experience (hands-on reconciliations, not just exposure)
Waterfall calculation knowledge (JV/Fund allocations)
Year-end audit experience, including financial statements and footnotes
Loan compliance experience (draw packages, escrow draws, covenant/ratio calculations)
Ability to work independently, communicate clearly, and move fast
MRI is a plus (not required)

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

_{There are no costs for candidates utilizing our services as our clients pay for all related hiring fees. All ProPivotal job postings are either actual positions we had available at the time of posting and/or are representative of positions we typically fill or expect to fill. If you see a job that interests you, respond to the ad or give us a call so that we can help you find a job you'll love. As one of the area's largest staffing firms, we help 2,500 people find jobs a year so chances are good that we can help you too.}

_{ProPivotal is an equal opportunity employer and considers qualified applicants for employment regardless of race, gender, gender identity, gender expression, age, color, religion, disability, veteran's status, sexual orientation, or any other protected factor.}

PandoLogic. Keywords: Chief Accountant, Location: Boston, MA - 02108

Commercial Real Estate Portfolio Accounting Manager: Hybrid Boston. $135150K + 15% bonus.

ProPivotal

Boston, MA

About the Company

ProPivotal

Similar Job Searches