Tax and Financial Accountant– On-Site | Virginia Beach, VA

About the Role

• Prepare and file federal, state, and local tax returns, including income, sales, and property taxes. • Maintain accurate tax records and documentation to support audits and compliance reviews. • Monitor changes in tax legislation and assess their impact on company operations and entities. • Coordinate with external tax advisors and auditors to ensure timely and accurate filings. • Analyze tax implications of business transactions, property acquisitions/dispositions, and entity structures. • Assist in developing tax strategies to minimize risk and optimize financial performance. • Oversee general ledger activities, including journal entries, reconciliations, and month-end close processes. • Prepare and analyze financial statements in accordance with GAAP. • Reconcile bank accounts, credit card statements, and escrow accounts. • Maintain fixed asset schedules and depreciation records. • Assist in budgeting, forecasting, and variance analysis. • Analyze monthly, quarterly, and annual financial results and provide insights on trends and performance. • Collaborate with property and regional managers to ensure accurate and timely financial reporting for each property. • Support financial modeling and investment analysis for acquisitions, refinancing, and capital projects. • Prepare executive-level financial summaries and reports to support strategic decision-making. • Ensure adherence to GAAP, company policies, and internal control procedures. • Support financial and tax audits and assist in implementing recommendations for process improvements. • Assist in maintaining and documenting accounting policies and internal control procedures. • Support system upgrades or implementations related to accounting, reporting, and tax compliance.

Key Responsibilities

• ▸tax returns
• ▸general ledger
• ▸financial reporting
• ▸tax compliance
• ▸financial modeling
• ▸system upgrades

What You Bring

The Tax & Financial Accountant will manage the company’s tax compliance, financial reporting, and analytical functions. This position blends technical tax expertise with strong financial reporting and analytical skills to ensure compliance, improve operational efficiency, and support data‑driven decision‑making. The ideal candidate is detail‑oriented, proactive, and experienced in real estate or property‑management accounting. A bachelor’s degree in accounting, finance, or a related field is required, with CPA or CPA‑candidate status preferred. Candidates should have tax experience in public accounting and at least four years of experience in accounting, tax, or financial analysis, ideally within real estate or property management. Strong knowledge of GAAP, tax laws, and real‑estate accounting, along with proficiency in accounting software and advanced Excel, is essential. • Bachelor’s degree in accounting, finance, or related field; CPA or CPA candidate preferred. • Tax experience in public accounting. • 4+ years of experience in accounting, tax, or financial analysis, preferably in real estate or property management. • Strong understanding of GAAP, federal and state tax laws, and real estate accounting practices. • Proficiency in accounting software (Yardi a plus) and advanced Excel modeling skills. • Excellent analytical, organizational, and communication skills. • Ability to work independently, manage multiple priorities, and meet deadlines.

Requirements

• ▸cpa
• ▸tax
• ▸gaap
• ▸yardi
• ▸excel
• ▸real estate

Benefits

Palms Associates, LLC, a long‑standing developer, owner, and manager of high‑quality commercial and multifamily properties throughout the Southeast, is hiring a Tax & Financial Accountant for its Virginia Beach office. The role is full‑time, in‑office, and offers an excellent work‑life balance. Candidates must live within commuting distance. Palms offers a comprehensive total compensation package, including career development opportunities, health and insurance benefits, generous PTO, wellness and community service days, a housing discount, HSA contributions, and a 401(k) match with profit‑sharing. • Career development opportunities. • Health/Vision/Dental/Life/Disability insurance, Flex Spending, HSA. • Generous PTO. • Wellness day off and additional floating holiday. • Community service day off. • Housing discount. • $1,000/$1,500 contribution to Health Savings Account (HSA). • 401k 4% match with historically 6% profit sharing, all immediately vested.

Work Environment

Onsite