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Reit Accountant Jobs in Minnesota (NOW HIRING)

Reit Accountant information

What is a REIT accountant?

REIT accountants are professionals who specialize in managing the financial records and reporting for Real Estate Investment Trusts (REITs). They ensure compliance with accounting regulations, prepare financial statements, and analyze real estate transactions. Their work includes tracking income and expenses, managing budgets, and supporting audits to ensure financial accuracy. REIT accountants play a critical role in helping REITs meet regulatory requirements and provide transparent reporting to investors.

What are the key skills and qualifications needed to thrive as a REIT accountant?

To thrive as a REIT Accountant, you need a solid background in accounting principles, financial analysis, and real estate finance, usually supported by a bachelor's degree in accounting or finance and often a CPA certification. Familiarity with property management software, advanced Excel skills, and experience with financial reporting systems like Yardi or MRI are typically required. Strong attention to detail, analytical thinking, and effective communication help you collaborate with teams and ensure accurate reporting. These skills are crucial for maintaining compliance, delivering precise financial statements, and supporting sound investment decisions in the real estate investment trust sector.

What are some common challenges a REIT accountant faces when preparing financial reports for real estate portfolios?

REIT Accountants often encounter challenges related to consolidating financial data from multiple properties, each with unique lease structures and expense allocations. Ensuring compliance with both GAAP and SEC requirements while meeting tight reporting deadlines can also be demanding. Additionally, frequent changes in real estate valuations and evolving tax regulations require REIT Accountants to stay current and adaptable. Collaborating effectively with property managers and external auditors is key to overcoming these challenges and ensuring accurate, timely financial statements.

What is the difference between Reit Accountant vs Real Estate Accountant?

AspectReit AccountantReal Estate Accountant
CertificationsCPA, Real Estate Finance CertificationsCPA, Real Estate Certifications
Work EnvironmentReit firms, investment trustsReal estate firms, property management companies
Industry UsageSpecific to REITs and investment trustsBroader real estate sector including development and management

Reit Accountants specialize in financial reporting and compliance for Real Estate Investment Trusts, focusing on investment structures and regulations. Real Estate Accountants work across various real estate sectors, including property management and development, with broader responsibilities. While both roles require similar certifications and work environments, Reit Accountants focus specifically on REITs, making their expertise more niche within the real estate industry.

Are real estate accountants in demand?

Real estate accountants are in demand due to the growing real estate industry and the need for specialized financial management. They typically require knowledge of real estate accounting principles, financial reporting, and often certifications such as CPA or CMA. The demand is expected to remain steady as real estate investments and transactions continue to increase.

Is working at a Reit Accountant a good job?

A Reit Accountant is responsible for managing financial records and reporting for real estate investment trusts, requiring strong accounting skills and knowledge of real estate finance. The role often offers steady employment, competitive salaries, and opportunities for advancement, especially with relevant certifications like CPA. Job satisfaction depends on individual interests in finance and real estate, as well as the work environment and workload demands.

What are popular job titles related to Reit Accountant jobs in Minnesota?

For Reit Accountant jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Reit Accountant jobs in Minnesota look for?

The top searched job categories for Reit Accountant jobs in Minnesota are:

What cities in Minnesota are hiring for Reit Accountant jobs?

Cities in Minnesota with the most Reit Accountant job openings:

Senior Regional Retail Property Manager

Curbline Properties

Minneapolis, MN • On-site

$98K - $122K/yr

Full-time

Re-posted 13 days ago


Job description

Description

The Property Management team at Curbline Properties is seeking a Senior Regional Retail Property Manager to lead the strategic oversight, operational performance, and financial management of a portfolio of convenience retail properties throughout the Midwest.  This role is responsible for driving operational excellence, building strong tenant relationships, managing budgets and financial goals, and maximizing the value of a growing retail real estate portfolio.  The position serves as the primary liaison between ownership, tenants, vendors, and internal stakeholders while leading a regional property management team across multiple locations. The ideal candidate is a results-driven property management professional with deep experience overseeing retail assets and a proven ability to lead a regional team. 


The position is based remotely in Chicago, IL; Indianapolis, IN; or Minneapolis, MN, with regular travel (approximately 50%-70%) to assigned retail properties and construction sites for on-site monitoring and meetings. Occasional extended hours may be required during peak periods. The role includes work in outdoor and construction environments, which may involve exposure to weather conditions, noise, and dust.


The expected salary range for this full-time salaried exempt position is between $98,000-$122,000. Actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, geographical and industry market data, and business considerations and other factors permitted by law.


To be successful in this role, you will need to:


Property Operations

Oversee day-to-day operations of a regional portfolio of convenience retail assets.

Ensure properties are maintained in compliance with company standards, local regulations, and lease requirements.

Conduct regular property inspections and implement corrective action plans as needed.

Develop and execute operational strategies that enhance asset performance and tenant satisfaction.


Financial Management

Prepare, manage, and monitor annual operating and capital budgets.

Review monthly financial statements, variance reports, and operating results.

Identify opportunities to increase revenue and reduce operating expenses.

Approve invoices, contracts, and purchase orders in accordance with company policies.

Support annual budget planning, forecasting, and reforecasting processes.


Tenant Relations

Maintain strong relationships with retailers, tenants, and key stakeholders.

Ensure tenant compliance with lease obligations.

Coordinate tenant move-ins.

Partner with leasing teams to support occupancy goals and tenant retention initiatives.

Resolve tenant concerns promptly and professionally.


Vendor and Contract Management

Oversee procurement and management of third-party service providers.

Negotiate service agreements and monitor vendor performance.

Ensure contractors meet insurance, safety, and contractual requirements.

Drive cost-effective service delivery while maintaining quality standards.


Capital Projects & Maintenance

Manage capital improvement and property enhancement projects.

Coordinate with construction, facilities, and asset management teams on project execution.

Monitor project budgets, schedules, and quality outcomes.

Ensure preventative maintenance programs are effectively implemented.


Risk Management & Compliance

Ensure compliance with all applicable local, state, and federal regulations.

Maintain property records, permits, licenses, and inspection documentation.

Lead risk management initiatives and emergency response planning.

Monitor life-safety systems and property insurance requirements.


Leadership & Team Management

Lead, mentor, and develop Regional Property Managers, Property Managers, and support staff.

Establish performance goals and conduct employee evaluations.

Promote a culture of accountability, collaboration, and customer service excellence.

Support recruitment, onboarding, and professional development efforts.


Asset Performance

Collaborate with Asset Management, Leasing, Accounting, and Development teams to maximize property value.

Analyze operational and financial performance metrics.

Provide recommendations for strategic improvements and value-enhancing initiatives.

Participate in quarterly Portfolio Reviews.


ABOUT US

Curbline Properties' is the first publicly traded REIT (NYSE: CURB) focused exclusively on owning and managing convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban, high household income communities. We operate as a distinct sector within the retail real estate landscape. We are headquartered outside of Cleveland in Beachwood, Ohio, and have regional offices in New York City, Atlanta, Georgia and Boca Raton, Florida.