Full Time
$800-$1000
40
Oct 11, 2024
Job Title: Experienced Bookkeeper
Location: Remote
Rate: $800-$1000
Job Description: We are seeking a skilled and detail-oriented Bookkeeper with a strong background in real estate, rental income management, and intra-company billing.
The ideal candidate will have extensive experience using QuickBooks Online and possess a thorough understanding of bookkeeping with specific experience maintaining the books, sending rent invoices, tracking the receipt of rent payments and other real estate management practices INCLUDING:
COST SEGREGATION STUDIES
DEPRECIATION &
ACCELERATED DEPRECIATION
Growing Real Estate Management Company consists of the following:
1. Parent Company that loans money to individual companies to purchase homes and buildings. The loans must be tracked and are in the form of interest payment only mortgages which the parent company collects from the individual companies once the properties have tenants.
2. The parent company also provides repair and management services to the individual companies that own the properties in exchange for a percentage of the rental income. The Parent company has expenses for staff, insurance, supplies, auto, fuel and other expenses.
3. The individual companies / properties each has its own expenses for supplies, often repairs, insurance, taxes and other expenses that must be tracked for the individual property.
4. Each property must pay its interest only mortgage payments and management fees to the Parent Company.
5. Each property and its individual company has its own Cost Segregation study to allow the individual company that owns it's property to take advantage of the US tax laws on accelerated depreciation.
IF YOU DO NOT HAVE A WORKING KNOWLEDGE OF DEPRECIATION AND ACCELERATED DEPRECIATION, DO NOT APPLY FOR THIS POSITION.
Key Responsibilities:
• Manage all aspects of bookkeeping, including accounts payable and receivable, bank reconciliations, and financial reporting.
• Track and record rental income and expenses for multiple properties.
• Assist with mortgage payment tracking and related financial tasks.
• Prepare monthly and annual financial statements and reports.
• Ensure compliance with relevant regulations and standards in real estate accounting.
• Provide insights on financial performance and assist in budgeting and forecasting.
• Maintain accurate and organized financial records.
PARTICIPATE IN TELEPHONE CONFERENCES WITH THE PRINCIPALS AND THE TAX PROFESSIONALS THAT ALSO WORK FOR THE FIRM
Qualifications:
• Proven experience as a bookkeeper, preferably in the real estate sector.
• Expertise in QuickBooks Online is a must; certification is highly desirable.
• Strong knowledge of real estate accounting, rental income, depreciation and accelerated depreciation schedules.
• Proficient in Google Sheets
• Excellent attention to detail and organizational skills.
• Strong communication skills and ability to work independently.
Why Join Us?
• Competitive salary
• 13th Month Pay
• Health Card
How to Apply: Please send your resume and a cover letter detailing your experience with real estate bookkeeping and QuickBooks Online.
We look forward to finding the right candidate to join our team!