Any
4.00
32
Aug 5, 2024
Under $1m in transactions:
In need of a very experienced, organized & detailed book-keeper/accountant. Multiple businesses share bank accounts; must be an expert at account reconciliation. Must have experience with real estate investments and understand the proper classifications.
We are either looking for someone who is an absolute expert to help establish the right structure, processes and procedures to establish a long-term position as our book-keeper/accountant.
Must be able to manage or create proper structure to manage a w-2 income that has it's own per diems, travel expenses, expenses and record keeping. Depending on the date, may depend if the expenses are in relation to the real estate business, or the w-2 income.
We would like to be able to forecast what investments need to be made, on a quarterly basis, to keep our tax burden as low and possible and instead invest those monies into more real estate. Therefore accuracy is very important for our tax attorney to review.
MORE INFO:
Diverse portfolio that includes both separate W-2 employment, and multiple real estate investments. We are seeking an experienced book keeper/ accountant / CPA to join our team, implement proper structure, organization and detail to maintain compliance with Real Estate Professional status. (Will discuss further in detail upon interview)
Responsibilities:
Expense Management:
Manage and differentiate between real estate expenses, depreciation, and deductions.
Oversee and track W-2 income-related per diems, travel expenses, and other work-related costs, ensuring proper categorization and record-keeping.
Provide guidance on deductible expenses for real estate professionals with W-2 income.
Financial Oversight:
Oversee financial records and ensure accuracy in financial reporting.
Manage depreciation schedules and capital improvement accounting.
Provide high-level strategic financial advice to optimize investments and income.
Audit Support:
Bookkeeper Hiring and Supervision:
Assist in the recruitment and hiring of a qualified bookkeeper.
Qualifications:
Minimum of 5 years of experience in accounting, real estate investments and W-2 income management.
Be capable of understanding and helping us maintain US IRS regulations regarding real estate professional status.
Excellent communication and interpersonal skills.
Proficiency in accounting software Quickbooks
Experience in recruiting and managing bookkeeping staff is a plus.
Ability to organize and maintain proper checklists and accurate records.