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Real Estate Accountant III


The Real Estate Accountant III role is responsible for producing various analysis and schedules in conjunction with financial reporting on a daily, weekly, monthly, and annual basis.  Supports all monthly close and year-end financial reporting related activities. Reports financial results to management and others, offering suggestions about resources, budgeting, process improvements and cost savings initiatives. Relies on experience and sound business judgement to perform tasks and accomplish goals. Responsible for providing accounting advice and guidance, which includes implementing new changes, requirements and improvements related to reporting standards, including Generally Accepted Accounting Principles (e.g. US GAAP) and International Financial Reporting Standards (IFRS). Assists with the technical accounting preparation for the Real Estate Accounting team, advises the Lease Administration team and prepares accounting policies in line with accepted industry practices.

Job Responsibilities
  • Leads & mentors Real Estate Accounting team in daily and monthly activities
  • Support junior staff in understanding real estate accounting transactions
  • Responsible for preparation of journal entries to ensure accurate and timely recording of account transactions as part of month-end close process and/or review and sign-off on journal entries and reconciliations of team members
  • Prepares routine and ad hoc reporting accompanied by the appropriate supporting documentation
  • Ability to read, comprehend, and interpret lease related legal documents for proper accounting treatment, validating payments and billings within CoStar Real Estate lease management system
  • Take lead in performing & managing lease accounting requirements pursuant to ASC842 & IFRS16 for approximately 2,100 Real Estate Property leases & 200 Equipment leases 
  • Participate in the implementation of new lease accounting guidance ASC842
  • Research and document the impact of more complex accounting principles including understand new Lease Accounting standards as well as Revenue Recognition for subleases (real property and equipment) under both US GAAP ASC842 and IFRS 16. Prepare calculations and the associated reporting of the accounting requirements regarding contingent leases and option periods
  • Translate guidance and make recommendations on practical application of guidance to monthly accounting activity, including the implementation and use of CoStar Real Estate Manager


  • Excellent reconciliation and analytical skills
  • Excellent PC skills, including Excel, Access and Word. SAP and CoStar (real estate software) experience a plus
  • Strong written and verbal communication skills with proven ability to identify and resolve intra-departmental accounting issues
  • Work well under pressure
  • Bachelor’s Degree in Accounting required.  An MBA or Masters in Accounting a plus. CPA preferred
  • Competitive compensation
  • Tuition reimbursement
  • 401k plan with a company match. Immediate 100% vesting
  • Comprehensive benefits including medical, dental and vision
  • Company paid short term disability and employer subsidized long term disability
  • Company paid life insurance
  • Generous paid vacation and paid time off
  • Purchase discount program
  • Employee assistance program
  • Flexible spending account
  • Discounted tire and automotive services
  • And more!


TBC Corporation is an Equal Opportunity Employer and maintains a Drug-Free Work Environment.


Company Overview

For over 60 years, TBC Corporation (TBC), one of North America’s largest marketers of automotive replacement tires, has been a tire company ahead of the curve. Through worldwide operations spanning wholesale, retail, and franchise, TBC also provides automotive maintenance and repair services with best-in-class brands. TBC meets the needs of consumers in search of total car care at more than 3,200 franchised and company-operated tire and automotive service centers under the brands NTB®, Tire Kingdom®, Big O Tires® and Midas®.  TBC serves wholesale customers in the United States, Canada, Latin America, Mexico and the Middle East through NTW, TBC Brands, TBC Dealer Group, TBC International and TBC de Mexico.

TBC Corporation
Salary Range
$18,000.00 - 42,000.00
per Year
Salary range estimated by
Palm Beach Gardens, FL 33410, US