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Senior Accountant (Real Estate & Property Management) in Southfield, Michigan at MARKETPLACE MANAGEMENT LLC

NewSalary: $65000 - $76000Job Function: Accounting/Finance
MARKETPLACE MANAGEMENT LLC
Southfield, Michigan, 48033, United States
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Job Description

Position Summary

We are seeking a detail-oriented Senior Accountant with experience in Single-Family Rental (SFR) portfolios and property management operations. This role will oversee accounting for a large portfolio of residential properties, ensuring accurate financial reporting, compliance, and operational support. The ideal candidate is comfortable working with high-volume property data, understands the nuances of SFR accounting, and has strong experience with fixed assets and depreciation.

Key Responsibilities
  • Prepare and review monthly, quarterly, and annual financial statements for an SFR portfolio
  • Manage full-cycle accounting, including journal entries, accruals, and account reconciliations
  • Oversee property-level accounting, including rent revenue, security deposits, maintenance expenses, and tenant activity
  • Maintain fixed asset schedules for property acquisitions, capital improvements, and disposals
  • Calculate and record depreciation expense for real estate assets in accordance with GAAP and tax reporting requirements
  • Support cost segregation studies and ensure proper classification of capital expenditures vs. repairs and maintenance
  • Lead month-end and year-end close processes across multiple entities and properties
  • Analyze financial performance and provide variance analysis against budgets and forecasts
  • Partner with property management teams to ensure accuracy of rent rolls, billing, and expense allocations
  • Assist with audits, tax filings, and lender/investor reporting requirements
  • Ensure compliance with internal controls and continuously improve accounting processes
  • Mentor junior staff and review work for accuracy and completeness
Qualifications
  • Bachelor’s degree in Accounting, Finance, or related field (CPA strongly preferred)
  • 5+ years of accounting experience, including 2+ years in real estate, ideally SFR or residential portfolios
  • Strong knowledge of GAAP and real estate accounting principles, including fixed assets and depreciation methodologies
  • Experience with property management/accounting systems (e.g., Yardi, AppFolio, Buildium, or similar)
  • Advanced Excel skills (e.g., pivot tables, lookups, large dataset management)
  • Strong attention to detail and ability to manage high transaction volumes
  • Excellent organizational and communication skills
Preferred Qualifications
  • Experience with high-volume SFR platforms or institutional property management environments
  • Familiarity with cost segregation, bonus depreciation, and 1031 exchanges
  • Experience with multi-entity structures and investor reporting
  • Exposure to property acquisitions, dispositions, and portfolio scaling

Hybrid company - reporting in to office located in Southfield MI, 3x weekly.

Job Location

Southfield, Michigan, 48033, United States

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