Real Estate Accountant at Doran Companies LLC – Bloomington, Minnesota

We are looking for a Real Estate Accountant to join our team! This role prepares monthly financial reports for residential properties, including financial reviews, monthly journal entries, and balance sheet reconciliations. You will work with a portfolio of properties with various levels of complex accounting.

Salary Range: $65,000-$75,000/ year + bonus opportunities depending on education, experience, and background

Key Responsibilities

Accounts Payable and Receivable Management

• Approve invoices and process checks.
• Ensure timely payment of bills and collection of rents.
• Maintain accurate records of accounts payable and receivable.
• Monitor debt levels and compliance with lender debt covenants.
• Maintain invoice inbox

Financial Reporting

• Manage the accounting on multiple multi-family properties
• Ensure that all projects, month-end, and year-end reports are completed accurately and on time.
• Prepare monthly financial statements to investors and lenders.
• Establish a system of internal controls to ensure timely and accurate reporting.
• Coordinate, prepare and review monthly, quarterly, and annual reports.
• Prepare, consolidate, and review monthly financial statements.
• Calculate and report monthly financial and operating metrics to senior leadership.

Bank Reconciliation

• Perform bank reconciliations and prepare year-end papers for outside tax accountants.
• Prepare monthly bank reconciliations, A/P, and A/R.

Budgeting and Forecasting

• Support site property teams by participating in budgeting and cash flow forecasting.
• Prepare annual budgets and operating expense reconciliations.
• Analyze budget variances and report significant issues.

Accounting Support

• Prepare year-end audit/tax packages.
• Monitor and order stock of accounting supplies (toner, checks, envelopes) through the appropriate vendors
• Stamp and mail checks
• Organize accounting mail
• Fed Ex payments & taxes
• Sort accounting mail and distribute to appropriate staff

Compliance

• Maintain and improve accounting policies and procedures.
• Assist in preparation of tax returns and compliance with tax regulations.
• Maintain records for property tax assessments and payments.

Required Qualifications/ Abilities

• Experience preparing and analyzing financial statements
• Must be a self-starter and be able to work independently
• Analytical ability to develop and implement improvements and recommendations
• Must have great attention to detail
• Highly proficient in Excel and Microsoft applications

Preferred Qualifications

Experience with Yardi, SAGE, or Timberscan is a plus

Commercial experience is a plus

Education / Experience

• 1 to 3 years of relevant experience in accounting or accounting-related field
• 1 to 3 years minimum experience in real estate/property management and commercial accounting
• Must have a valid driver’s license and reliable source of transportation

Why Join Us?

At Doran, we care about the people who choose to build their careers with us and therefore offer a robust benefits package for employees and their families.

• Competitive Pay with bonus opportunities
• Paid Time Off- PTO plans start at 120 hours a year
• Comprehensive Health Plans – health, dental, vision, flex spending accounts, HSA with employer contribution
• Life, AD&D, STD & LTD – Employer paid Life and AD&D insurance, options to purchase voluntary life for yourself and your family, additional AD&D options. Company paid short-term and long-term disability
• 401(K) – 4% company match, immediately vested in company match
• Family Leave
• Learning & Development – Tuition Reimbursement program
• Doran Investors Program – Unique opportunity to own shares of properties developed by Doran
• Company Paid Holidays – 9 a year
• Employee Assistance Programs
• Social Wellbeing Events
• Summer Hours
• 1 WFH day per week

Doran Companies

Doran Companies is a fully integrated real estate enterprise headquartered in Bloomington, MN. With a proven reputation built on transparency, dedication, and curiosity, we are committed to delivering impactful projects with expert teams in development, design, construction and property management. Together, we build pride and value in real estate.

We believe that meaningful work builds meaningful lives. Our award-winning team is dedicated, diverse, innovative, and passionate about delivering the best. The inclusive culture fosters trust and builds lasting relationships. Find out more at dorancompanies.com.

APPLICATION PROCESS

To be considered for this position, please submit your application. If your background matches our requirements, we will be in touch to schedule an interview. We look forward to receiving your application! All your information will be kept confidential according to EEO guidelines.

Doran Companies is an Equal Opportunity Employer