
Real Estate Finance Manager
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Job Description
Position Summary:We are seeking a detail-oriented and experienced Finance Manager to join our team. This role is responsible for managing daily accounting functions, including trust accounting in compliance with state and regulatory requirements. The ideal candidate will have experience in property management accounting for both short term and long term rentals, a strong understanding of trust/escrow accounting practices, and the ability to maintain accurate financial records to ensure transparency and compliance.
Key Responsibilities:
- Manage trust accounting activities, including recording, reconciling, and reporting tenant and owner funds.
- Process accounts payable and accounts receivable for property management operations.
- Post rent payments, fees, and other tenant charges in accordance with lease agreements.
- Ensure timely disbursement of owner proceeds, vendor payments, and security deposit refunds.
- Reconcile bank accounts, trust accounts, and credit card statements monthly.
- Maintain accurate general ledger entries, financial statements, and audit-ready documentation.
- Monitor compliance with state real estate commission rules and trust account regulations.
- Assist with preparation of financial reports for business owners, property owners, management, and auditors.
- Collaborate with property managers and staff to resolve accounting discrepancies.
- Maintain tenant and owner ledgers to ensure accuracy and compliance.
- Support year-end reporting, including 1099 preparation and distribution for property owners, vendors, and real estate agents.
Qualifications:
- Proven experience as a Bookkeeper or Accountant, preferably in property management or real estate.
- Strong knowledge of trust/escrow accounting and related compliance requirements.
- Proficiency with property management and accounting software (e.g., AppFolio, Guesty, Clearing, Quickbooks Online, Gusto).
- Strong proficiency in Google Suite, specifically Google Sheets and general computer literacy.
- Exceptional attention to detail, accuracy, and organizational skills.
- Ability to manage multiple priorities and meet deadlines.
- Strong communication and problem-solving skills.
Preferred:
- Experience working in North Carolina or other states with strict real estate trust accounting regulations.
- Knowledge of landlord-tenant law and property management industry practices.
- NC Real Estate License and Broker in Charge eligibility is preferred, but not required.
Automate your job search with Sonara.
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