Real Estate Accountant Goals and Objectives Examples
Meet all deadlines for financial reporting and tax filings.
Ensure compliance with all federal and state tax laws.
Maintain accurate records of all financial transactions.
Manage and reconcile bank accounts.
Review lease agreements and ensure proper accounting treatment.
Provide timely and accurate financial information to management.
Develop and implement internal controls to improve efficiency and accuracy.
Conduct audits of financial records to ensure accuracy and completeness.
Monitor cash flow and make recommendations for improvements.
Prepare monthly and annual financial statements.
Forecast revenue and expenses.
Monitor accounts payable and receivable.
Participate in budgeting process.
Analyze financial data to identify trends and make recommendations.
Prepare tax returns for individuals, partnerships, corporations, and trusts.
Communicate with clients regarding financial matters.
Respond to client inquiries in a timely manner.
Collaborate with other departments to resolve issues.
Attend professional development courses to stay current on tax laws and regulations.
Conduct research on tax-related topics.
Identify tax-saving opportunities for clients.
Prepare depreciation schedules.
Perform cost segregation studies.
Calculate capital gains taxes.
Prepare property tax returns.
Assist with real estate closings.
Advise clients on the tax implications of real estate transactions.
File appeals for property tax assessments.
Manage client relationships.
Assist with the preparation of loan applications.
Prepare financial models for potential acquisitions or dispositions.
Track and analyze real estate market trends.
Assist in due diligence process for acquisitions or dispositions.
Negotiate lease terms on behalf of clients.
Review property appraisals.
Assist with financing arrangements.
Provide guidance on accounting policies and procedures.
Ensure compliance with Generally Accepted Accounting Principles (GAAP).
Generate reports for management and clients.
Train staff on accounting principles and procedures.
Evaluate internal accounting processes for effectiveness and efficiency.
Manage vendor relationships.
Integrate new accounting software systems into existing operations.
Develop training materials on accounting principles and procedures.
Implement best practices for accounting processes.
Streamline accounting processes to reduce costs and errors.
Identify areas for improvement in accounting processes.
Work collaboratively with other departments to develop comprehensive financial plans.
Monitor industry trends to identify best practices for accounting processes.
Develop long-term financial strategies for clients.
Educate clients on financial planning and investing strategies.
Develop budgets for real estate projects.
Monitor actual expenses versus budgeted expenses to identify variances and make adjustments as necessary.
Review contracts to ensure proper accounting treatment.
Provide consulting services on tax planning and wealth management.
Conduct risk assessments related to real estate transactions.
Assist with due diligence related to real estate acquisitions or dispositions.
Prepare financial feasibility studies for real estate projects.
Conduct sensitivity analysis on real estate projects to assess potential risks and rewards.
Participate in negotiations related to real estate transactions.
Review loan documents to ensure compliance with legal requirements.
Forecast cash needs for real estate projects.
Determine appropriate allocation of costs between different entities involved in a real estate project.
Assist in the preparation of marketing materials for real estate projects.
Stay up-to-date on impact of changes in tax laws that affect real estate companies.
Provide client support during audit engagements.
Produce year-end close packages.
Work on special projects as assigned by management.
Perform ad hoc analyses as requested by senior leadership.
Build strong working relationships with the other teams within the company.
Maintain an expert-level knowledge of GAAP.
Ensure compliance with SOX controls.
Develop, implement, and maintain global accounting policies.
Manage the daily function of the accounting team.
Participate in team-building activities.
Provide guidance, support, and coaching to team members.
Encourage continuous improvement throughout the company.
Evaluate opportunities to optimize processes and reduce cost.
Prepare journal entries for complex transactions.
Perform other duties as assigned by management.