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Location: Monmouth County, NJ
Work Type: Full time
A well-established and expanding commercial real estate firm, specializing in
Job Title: Real Estate Accounting Manager / Senior Property Accountant
Location:Red Bank, NJ – Newman Springs RoadJob Type:Full-TimeSchedule:Standard business hoursSalary:Competitive Salary
A well-established and expanding commercial real estate firm, specializing inshopping centers, retail, and mixed-use development projects, is growing its team as we relocate to new offices on Newman Springs Road in Red Bank, NJ. We manage a diverse and active portfolio and are looking for ahands-on, experienced accounting professionalto join our team. This role requires a strong background in traditional accounting and bookkeeping combined with specific expertise in property-level and construction accounting. This professional will work directly with the Controller/CFO and team to ensure the financial integrity of our portfolio and active development pipeline.
Key Responsibilities:
- Property-Level Accounting:Manage all operational accounting for a portfolio of shopping centers, including precise management of rent collections, tenant billings, and annual
- Common Area Maintenance (CAM) reconciliations .
- Development & Construction Accounting:Handle all accounting related to new projects, including detailedproject cost tracking, job cost reports, and preparation of
- lender draw requests .
- Financial Reporting:Prepare and review accurate monthly, quarterly, and annual financial statements for various entities within the portfolio.
- Financial Analysis:Assist with the preparation of annualbudgets, forecasting, and detailed
- variance analysis for both operating assets and development projects.
- General Accounting:Oversee bank reconciliations, Accounts Payable/Accounts Receivable (AP/AR), and comprehensive general ledger maintenance.
- Collaboration & Compliance:Coordinate with property management and development teams to ensure financial data accuracy, and support the Controller/CFO with audit, tax, and lender reporting requirements.
- Process Improvement:Contribute to the development and implementation of best practices for real estate-specific accounting systems and processes.
Qualifications:
- Strong background incommercial real estate accountingis essential, particularly with shopping centers or retail properties.
- Deep practical knowledge ofCAM, lease accounting, tenant reimbursements, and operating expense structures.
- Proven proficiency with industry-standard real estate accounting software such asYardi, MRI, or similar platforms.
- Excellent organizational skills, attention to detail, and a hands-on approach to accounting and bookkeeping duties.
- Ability to work effectively with cross-functional teams and communicate financial information clearly.
What We Offer:
- A significant role in the expansion of a growing commercial real estate firm.
- The opportunity to handle a dynamic mix of operational property accounting and construction/development finance.
- A professional and supportive work environment in a new office location in Red Bank, NJ.
Reference number: 25181
Profession:
Real Estate
Accountant
Company:
Date posted: 13th Oct, 2025
Freqently Asked Questions
Accountants in Red Bank specializing in real estate blend operational accounting for shopping centers with detailed project cost tracking for new developments, ensuring robust financial oversight from rent collections to lender draw requests tailored to local commercial real estate nuances.
Proficiency in real estate accounting platforms like Yardi and MRI is highly valued in Monmouth County. Additionally, certifications related to commercial real estate accounting and lease management can give candidates a competitive edge amidst the region's expanding retail and mixed-use developments.
Accountants managing retail property portfolios in New Jersey often advance to senior roles like Real Estate Accounting Manager, gaining responsibilities in financial analysis, budget forecasting, and cross-team collaboration, which opens pathways toward CFO or controller positions within commercial real estate firms.
SBH Career offers a hands-on role combining traditional accounting with specialized property and construction finance, emphasizing collaboration with controllers and development teams, set within a growth-focused environment in newly relocated Red Bank offices, distinguishing it from more segmented accounting jobs.
At SBH Career, Accountants engage deeply with intricate CAM reconciliations, tenant billing nuances, and lender reporting, fostering expertise in both operational and developmental accounting aspects, which is less common in more general accounting roles, enhancing specialized industry knowledge.
Accountants in Red Bank, especially those with real estate expertise, typically earn competitive salaries reflecting Monmouth County's market, with ranges often between $65,000 and $85,000 annually, influenced by experience level and proficiency in real estate-specific accounting functions.
Red Bank's expanding commercial real estate market, including shopping centers and mixed-use projects, fuels demand for Accountants skilled in property-level accounting and construction finance, supported by the area's steady economic growth and active development pipelines.
Accountants in this region often balance precise operational accounting with proactive collaboration across property management and development teams, mirroring Red Bank’s professional yet hands-on culture that values accuracy alongside dynamic project involvement.
Ideal candidates demonstrate robust commercial real estate accounting knowledge, mastery of lease and CAM accounting, and fluency with tools like Yardi or MRI, coupled with excellent organizational skills and the ability to communicate financial insights effectively across teams.
Accountants at SBH Career navigate complexities like integrating project cost tracking with operational financials and ensuring accurate variance analysis. These are managed through close collaboration with controllers and property managers, leveraging specialized software and process improvements tailored to real estate.
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